With $164 Million, Global Battery Storage VC Funding in Q1 2020 Increased 20% YoY

The coronavirus pandemic did not affect VC funding activity too much in Q1 2020

April 27, 2020

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Battery storage, smart grid, and energy efficiency companies received $252 million in venture capital (VC) funding in the first quarter (Q1) of 2020, a 20% increase from the $210 million raised in Q1 2019, according to a new report released by Mercom Capital Group.

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Utsav Sinha

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With $164 Million, Global Battery Storage VC Funding in Q1 2020 Increased 20% YoY

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