Hybrid Energy Storage Solutions, an energy storage solutions provider, secured €12 million (~$13.6 million) in a funding round. The funding round saw participation from ABB, SC Net Zero Ventures (managed by Suma Capital), and VERBUND X Ventures, a venture capital unit of Austria’s energy supplier VERBUND. The company offers turnkey energy storage and grid asset optimization solutions for renewable integration, distribution, and transmission grid applications, electric vehicle infrastructure, and microgrids, both isolated and connected.