AQUABATTERY, a Dutch startup specializing in developing saltwater long-duration energy storage solutions, secured a €6 million (~$6.4 million) seed investment led by EIT InnoEnergy and supported
Organic Flow Battery Company CMBlu Energy Secures $105 Million Financing
CMBlu Energy, an organic solid flow battery technology developer, secured €100 million (~$105 million) equity investment from globally operating technology and construction group STRABAG SE.
Organic Flow Battery Provider XL Batteries Raises $10 Million in Seed funding
XL Batteries, a provider of long-duration grid-scale energy storage solutions, raised $10 million in a Seed-2 round which Catalus Capital led, with additional investment from
Flow Battery Startup Quino Energy Secures $1.25 Million in Seed Funding
Quino Energy, a developer of organic flow battery technology, closed an additional $1.25 million in a new Seed funding round. The Seed expansion round brings
Vanadium-Based Flow Battery Manufacturer VFlowTech Raises $10 Million in Funding
VFlowTech, a manufacturer of vanadium-based redox flow batteries, has raised $10 million in a Series A funding round. Japan-based venture capital firm Real Tech Holdings
Energy Storage Company Elestor Secures $30 Million
Elestor, a Dutch-based large-scale energy storage company, secured €30 million (~$30 million) in a funding round, which was led by the corporate venture capital arm of
Smart Grid Companies Raise $289 Million in First Half of 2015
Venture capital (VC) funding (including private equity) for Smart Grid companies was down with $104 million in 18 deals in Q2 2015, compared to $185