Battery Storage, Smart Grid & Efficiency Companies Raise $839 Million in VC Funding in 1H 2018
Funding into Battery Storage companies was up in the first half
July 23, 2018
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Total corporate funding (including venture capital funding, public market, and debt financing) in 1H 2018 was down with $2.4 billion raised compared to $2.8 billion raised in 1H 2017, a 14 percent decrease year-over-year (YoY). The decline in funding in 1H was due to lower funding activity in Smart Grid and Efficiency categories while funding increased in the Battery Storage sector.
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Utsav Sinha
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