VARTA AG, the German battery manufacturer, has announced that it has agreed with its financial creditors and strategic investors on a viable restructuring concept. The
Battery Developer UgoWork Raises $51 Million in Funding
UgoWork, a provider of advanced energy storage solutions for material handling equipment, secured $51 million in Series C funding. Fonds de solidarité FTQ led the round,
Battery Manufacturer Addionics Closes $39 Million in Series B Funding
Addionics, an Israel-based chemistry-agnostic battery technology company, raised $39 million in a Series B funding round. The round was co-led by GM Ventures and Deep
Peak Energy Secures $55 Million in Series A Funding
Peak Energy, a sodium-ion battery manufacturer, secured $55 million in a Series A funding round led by Xora Innovation, Temasek’s Early-Stage deep-tech investing platform. The
NineDot Energy Upsizes Revolving Credit Facility to $50 Million
NineDot Energy, a developer of community-scale clean energy projects, closed an additional $25 million revolving credit debt facility provided by NY Green Bank, a New
Energy Storage Companies Raise $15.4 Billion in Corporate Funding in 1H 2024
Energy Storage Corporate funding for energy storage companies in the first half of 2024 reached $15.4 billion across 64 deals, marking a 117% increase year-over-year
Liontown Resources Secures $250 Million From LG Energy Solution
Liontown Resources, a battery minerals producer, secured a $250 million investment and a 10-year offtake extension from foundational partner LG Energy Solution, a manufacturer of
e-Zinc Raises Additional $31 Million in Series A2 Funding
e-Zinc, a developer of zinc-air-based long-duration energy storage solutions, raised an additional $31 million in Series A2 financing. This oversubscribed Series A2 round was led
Battery Materials Company Sila Raises $375 Million
Sila, a battery materials company, has secured $375 million in a Series G funding round led by Sutter Hill Ventures, an existing investor, and funds
Hecate Grid Secures $125 Million Credit Facility to Finance Energy Storage Project Portfolio
Hecate Grid, an independent power producer (IPP) that develops, owns, and operates standalone storage projects in the U.S., closed a four-year $125 million Letter of Credit facility