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.
Element3 Closes Seed Funding to Extract Lithium from Oil and Gas Wastewater
Element3, a company specializing in extracting lithium from oil and gas wastewater, announced that it has closed its seed investment round. Major investors include EIC
Greenbacker Secures $92 Million for Storage and Solar Portfolio
Greenbacker Capital Management, a renewable energy asset manager, through an affiliated investment vehicle, entered into a $92 million financing agreement with BMO, who served as
UP Catalyst Secures $4.3 Million in Seed Funding
UP Catalyst, a producer of sustainable carbon nanomaterials and graphite, closed a €4 million (~$4.31 million) seed investment round led by Berlin-based climate tech VC
AM Batteries Raises $30 Million Series B Funding
AM Batteries, a lithium-ion dry-electrode technologies developing company, closed a $30 million Series B in an oversubscribed funding round led by Toyota Ventures. The investment
Energy Storage Company Fluence Secures $400 Million Debt Financing
Fluence, a provider of energy storage products and services, announced that it has entered into a four-year $400 million Asset Backed Lending (ABL) credit facility
Project Finance Brief: Leeward Secures $580 Million for Solar and Wind Projects
Leeward Renewable Energy, a solar, wind, and energy storage project developer, closed $580 million of tax equity commitments and debt facilities for its White Wing