Funding Archives - Page 18 of 120 - Mercom Capital Group

Funding and M&A Roundup: Energy Storage Company Tyba Raises $13.9 Million

Enapi Raises $2.7 Million in Pre–Seed Funding

March 21
Staff
Smart Grid

Enapi, a provider of EV charging solutions, announced the closing of its €2.5 million (~$2.7 million) pre-seed funding round provided by Project A Ventures, Seedcamp,

National Renewable Solutions Secures $145 Million in Project Financing

Funding and M&A Roundup: Li-Cycle Secures $75 Million Strategic Investment

March 20
Staff
Solar, Storage

Li-Cycle, a lithium-ion battery recycling company, entered into an agreement to issue a senior secured convertible note in an aggregate principal amount of $75 million

Apricus Generation Secures $30 Million Revolving Credit Facility

Pure Lithium Raises $15 Million in Series A Funding

March 19
Staff
Storage

Pure Lithium, a Boston-based lithium metal battery technology company, secured an investment of $15 million in Series A funding from Oxy Low Carbon Ventures (OLCV),

Funding and M&A Roundup: SmartSolar Raises $1.8 Million in Seed Funding ORIT secures $125 million five-year term loan facility SmartSolar, a rooftop solar solution provider, has raised $1.85 million in seed funding. The funding was led by Picus Capital and 2degrees, along with participation from early-stage venture capital firm Iterative. With this funding, the company plans to accelerate its growth in Vietnam and expand its footprint across Southeast Asia. The company offers rooftop solar solutions designed to help businesses cut down on electricity costs. Octopus Renewables Infrastructure Trust, an investment company, announced that it has signed a £100 million (~$125 million) five-year term loan facility with three of its existing lenders, Santander, National Australia Bank, and Allied Irish Banks. The funding will be used to pay down a portion of the existing and more expensive Revolving Credit Facility (RCF) debt. According to ORIT, it has drawn £151.2 million (~$191 million) on the RCF so far. Vidyut, an electric vehicle ecosystem platform, has raised $2.5 million in funding from global investor Flourish Ventures. The company will utilize the acquired funds to expand its Battery-as-a-Service offering in passenger and commercial EV segments. By unbundling batteries from EVs and offering them on a pay-per-km subscription basis, Vidyut claimed it had reduced upfront electric three-wheeler costs by 35-40%. For reports and trackers on funding and M&A transactions in solar, energy storage, and smart grid sectors, click here. Read last week's funding roundup. Tags: Vidyut, Octopus Renewables Infrastructure Trust, SmartSolar, solar, funding

Lithium Exploration Company M4E Lithium Secures $7.5M to $10M in Financing

March 19
Staff
Storage

M4E Lithium, a lithium exploration company, secured $7.5 million to $10 million in funding from Lithium Royalty Corp. (LRC) and the Electrification and Decarbonization (E&D)

Li-Cycle Secures $75 Million Strategic Investment from Glencore

March 15
Staff
Storage

Li-Cycle, a lithium-ion battery recycling company, entered into an agreement to issue a senior secured convertible note in an aggregate principal amount of $75 million

Project Finance Brief: TotalEnergies Sells 50% of 2 GW Solar-Storage Portfolio in Texas

Longroad Energy Secures Financing for Serrano Solar and Storage Project

March 14
Staff
Solar, Storage

Longroad Energy, a U.S.-based renewable energy project developer, announced the financial close of 220 MW solar and 214 MW/855 MWh storage project in Pinal and

METLEN Secures $71 Million Financing for Solar Portfolio in Italy

Funding and M&A Roundup: Energy Storage Firm phelas Secures $4.5 Million Funding

March 13
Staff
Solar, Storage

phelas, a provider of long-duration energy storage solutions, secured €4.1 million (~$4.5 million) in a seed funding round led by E44 Ventures, an Israel-leading climate

Glimpse Raises $4 Million in Seed Funding

March 12
Staff
Storage

Glimpse, a provider of battery quality monitoring solutions for battery producers and electric mobility companies, raised $4 million in a seed funding round from venture

ACT-ion Battery Technologies Raises $7.5 Million

Funding and M&A Roundup: Powerdot Secures $108 Million

March 06
Staff
Solar, Storage

Powerdot, a provider of EV charging solutions, announced the successful closing of a €100 million (~$108 million) funding round led by Antin Infrastructure Partners and

Scale Microgrids Secures $150 Million in Tax Equity Financing

Funding and M&A Roundup: Ascend Elements Raises $162 Million

February 28
Staff
Solar, Storage

Ascend Elements, a lithium-ion battery recycling and engineered materials company announced it has raised $162 million in new equity investments. Major investors include Just Climate,