Funding and M&A Roundup: Exowatt Closes $70 Million Series A Funding
REC Raises $586 million through five and ten-year bonds
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Exowatt, a provider of thermal energy storage solutions, secured $70 million in a Series A funding round led by Felicis, a venture capital firm in Silicon Valley. Among the $70 million raised, $35 million comes from debt provided by HSBC Innovation Banking and other lending partners, while the remaining $35 million is from equity.
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