$1.3 Billion in VC Funding Secured for Grid-Related Sectors in 2016
Smart Grid companies bring in $389 million; Battery Storage companies secure $365 million; Energy Efficiency companies receive $528 million
January 23, 2017
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Venture capital (VC) funding (including private equity and corporate venture capital) for Smart Grid companies dropped to $389 million in 42 deals, compared to $425 million in 57 deals in 2015. Total corporate funding, including debt and public market financing, came to $613 million compared to $527 million in 2015.
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Utsav Sinha
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