Nuru, a provider of microgrids solutions, raised over $40 million in Series B equity funding. The funding will enable the company to develop new projects
GM Acquires Battery Software Startup ALGOLiON
General Motors announced the acquisition of ALGOLiON, a company specializing in battery software for electric vehicles (EVs). The financial terms were not disclosed. The acquisition was led
Funding and M&A Roundup: Battery Manufacturer Northvolt Raises $400 Million
Northvolt, a battery manufacturer, received a $400 million investment from the Investment Management Corporation of Ontario, a Canadian pension fund manager, in collaboration with Global
Applied Value Group Acquires Solar and Storage Installer ES Solar
Applied Value Group, an Investment, Management Consulting, and Social Impact group, has announced its acquisition of ES Solar, a residential and commercial solar and battery installer.
Recurrent Energy Secures $164 Million in Debt Funding
Recurrent Energy – a utility-scale solar and energy storage developer and a subsidiary of Canadian Solar – secured a €150 million (~$164 million) multicurrency facility from
Australian Battery Manufacturer Sicona Raises $15 Million in Series A Funding
Sicona Battery Technologies, a company that develops advanced battery materials for lithium-ion batteries, secured A$22 million (~$15 million) in Series A funding to expand its
Spearmint Energy Secures $200 Million Loan for BESS Storage Projects in Texas
Spearmint Energy, a green merchant trading company developing, owning, operating, and trading around Battery Energy Storage, closed a $200 million credit facility with Aiga Capital
Battery Technology Company About: Energy Secures $1.8 Million Seed Funding
About: Energy, a London-based battery technology company, raised £1.5 million (~$1.8 million) in seed funding to accelerate the development and commercialization of its software platform,
Forge Nano Raises $50 Million to Build Out Battery Production Line
Forge Nano, a provider of nanocoating technology for lithium-ion batteries, closed on $50 million in funding led by key investments from Hanwha Corporate Venture Capital
Battery Tech Firm SK On Secures $944 Million Investment for Global Expansion
From: Mercom India SK On, a battery technology company and a subsidiary of SK Innovation, has secured a significant long-term financial investment of up to