Q1 2017 Delivered $435 Million in VC Funding for Battery Storage, Smart Grid, and Efficiency Companies

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Venture capital (VC) funding (including private equity and corporate venture capital) for Smart Grid companies increased threefold in Q1 2017 with $164 million in 14 deals compared to $46 million in six deals in Q4 2016. In a year-over-year (YoY) comparison, in Q1 2016, $110 million was raised in 14 deals.

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