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The funding is expected to accelerate the development of its thermal energy storage solutions
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Zero Industrial Raises $10 Million in Series A Funding

Zero Industrial Raises $10 Million in Series A Funding

  • April 08
  • Staff
  • Storage

Zero Industrial, a thermal energy storage solution provider, raised $10 million in Series A funding led by Evok Innovations with participation from Rusheen Capital Management. The funding

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Funding and M&A Roundup: Apricus Generation Secures $30 Million

SmartSolar Raises $1.8 Million in Seed Funding

  • March 03
  • Staff
  • Solar

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

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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

EV Charging Platform AmpUp Raises $15 Million Series A Funding

  • October 01
  • Staff
  • Smart Grid

AmpUp, an electric vehicle charging platform company, has secured $15 million in Series A funding. Touchdown Ventures led the funding round. Additional new investors included Autotech

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Battery Manufacturer VFlowTech Raises $20.5 Million in Funding

Gridtech Company David Energy Secures $23 Million Funding

  • September 24
  • Staff
  • Smart Grid

David Energy, a retail energy provider whose software platform analyzes and controls customer demand in real-time, raised $23 million in funding. This funding was led

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Energy Storage Industries Raises $40 Million in Funding for Iron Flow Batteries

Thermal Energy Storage Startup Exergy3 Raises $1.3 Million

  • September 16
  • Staff
  • Storage

Exergy3, a thermal energy-based energy storage system provider, secured £1 million (~$1.3 million) in a pre-seed funding round. Zero Carbon Capital led this funding with participation

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Battery Manufacturer VFlowTech Raises $20.5 Million in Funding

Elum Energy Raises $13 Million in Series B Funding

  • September 12
  • Staff
  • Smart Grid

Elum Energy, a provider of advanced energy management solutions for renewable energy systems, secured $13 Million in Series B funding. This round was led by

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Apricus Generation Secures $30 Million Revolving Credit Facility

Flow Battery Developer Allegro Energy Secures $11.6 Million

  • September 12
  • Staff
  • Storage

Allegro Energy, a developer of aqueous-based redox flow battery energy storage solutions, has closed A$17.5 million (~$11.6 million) in Series A funding. This funding round

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Battery Manufacturer VFlowTech Raises $20.5 Million in Funding

Energy Storage Company 24M Raises $87 Million in Series H Funding

  • September 10
  • Staff
  • Storage

24M, a manufacturer of proprietary semisolid battery cells, closed a $87 million Series H funding round, bringing its total amount raised to over $500 million.

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Solar Tracking Solution Provider Nextracker Acquires Bentek Corporation for $78 Million

Apricus Generation Raises Series A Funding to Support Growth

  • September 03
  • Staff
  • Solar, Storage

Apricus Generation, a distributed solar and battery development platform and independent power producer, announced closing an undisclosed Series A funding round led by Blue Marlin

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Funding and M&A Roundup: Nextracker Acquires Bentek Corporation

Princeton NuEnergy Closed $30 Million in Oversubscribed Series A Funding

  • June 18
  • Staff
  • Storage

Princeton NuEnergy (PNE), a lithium-ion battery recycling company, closed $30 million in an oversubscribed Series A funding round. Funding was secured from Samsung Venture Investment

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