Funding and M&A Roundup: Energy Storage Company VFlowTech Secures $3 Million Financing
Babcock & Wilcox Enterprises acquired a majority interest in solar energy contractor Fosler Construction
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Energy storage solutions provider VFlowTech has secured $3 million in Pre-Series A financing led by Wavemaker Partners, with participation from SEEDS Capital, Sing Fuels, and other prominent angel investors. The new funding comes on the back of unprecedented attention worldwide for alternative energy storage solutions for renewables. VFlowTech will use the capital to expand business operations and has plans to scale the manufacturing of redox flow battery energy storage systems.
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Utsav Sinha
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