AZUL Energy, a developer of catalytic electrodes for fuel cells and metal-air batteries, raised ¥475 Million ($3.2 Million) in Series A Funding led by Spiral
Volvo Group Acquires Proterra’s Battery Business for $210 Million
The Volvo Group announced the acquisition of the battery business from EV company Proterra and Proterra Operating Company. The deal was valued at $210 million
Spearmint Energy Announces $200 Million Enhanced Credit Facility
Spearmint Energy, an energy storage project developer, announced the addition of Nuveen to its $200 million enhanced credit facility with Aiga Capital Partners. The term
Home Battery Company Haven Energy Raises $7 million Series A Funding
Haven Energy, a provider of home battery solutions, secured a total of $7 million in Series A funding. The round includes returning investors Lerer Hippeau,
Funding and M&A Roundup: EV Charging Platform Monta Secures $87 Million
Monta, an EV charging solutions provider, announced the close of an €80 million (~$87 million) Series B financing round, bringing the company’s total funding to
Sion Power Raises $75 Million in Series A Funding
Sion Power Corporation, a developer of batteries for electric vehicles, secured $75 million in Series A funding. The round was led by LG Energy Solution
Energy Storage Startup Eddy Grid Raises $1.6 Million
Eddy Grid, an energy storage startup, secured €1.5 million (~$1.63 million) in a funding round led by the Graduate Entrepreneur fund, Herberth Samsom, alongside Rockstart’s
Battery Manufacturer Northvolt Secures $5 Billion Loan
Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to expand its battery gigafactory, Northvolt Ett, in
Energy Storage Company Cactos Raises $28 Million
Cactos, a developer of energy storage systems, has secured over €26 million (~$28 million) in equity funding from OP Finland Infrastructure and the Finnish Climate
EV and Battery Data Company Recurrent Secures $16 Million
Recurrent, an electric vehicle (EV) and battery health data company, has secured $16 million in an oversubscribed Series A funding round led by ArcTern Ventures.