Venture Capital for Smart Grid, Storage and Efficiency Companies Reaches $375 Million in Q1 2016

Smart Grid companies receive $110 million; Battery/Storage companies receive $54 million; Energy Efficiency companies raise $211 million

April 18, 2016

/ Utsav Sinha

/ Efficiency, Smart Grid, Storage

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Venture capital (VC) funding (including private equity and corporate venture capital) for Smart Grid companies increased twofold this quarter with $110 million in 14 deals, compared to $56 million in 12 deals in Q4 2015. Year-over-year (YoY), funding was down compared to Q1 2015 when the sector raised $185 million in 15 deals.

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Utsav Sinha

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Venture Capital for Smart Grid, Storage and Efficiency Companies Reaches $375 Million in Q1 2016

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