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Funding and M&A Roundup: Torus Raises $67 Million to Advance Energy Storage Solutions

From: Mercom Capital Group Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan...

April 10, 2024

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Funding and M&A Roundup: Invenergy Secures $900 Million Green Loan

From: Mercom Capital Group Invenergy, a developer of renewable energy projects, secured a $900 million Green Letter of Credit facility to support the development of...

April 3, 2024

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Funding and M&A Roundup: Enapi Raises $2.7 Million in Pre–Seed Funding

From: Mercom Capital Group Enapi, a provider of EV charging solutions, announced the closing of its €2.5 million (~$2.7 million) pre-seed funding round provided by...

March 27, 2024

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Funding and M&A Roundup: Li-Cycle Secures $75 Million Strategic Investment

From: Mercom Capital Group Li-Cycle, a lithium-ion battery recycling company, entered into an agreement to issue a senior secured convertible note in an aggregate...

March 20, 2024

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Funding and M&A Roundup: Energy Storage Firm phelas Secures $4.5 Million Funding

From: Mercom Capital Group phelas, a provider of long-duration energy storage solutions, secured €4.1 million (~$4.5 million) in a seed funding round led by E44 Ventures,...

March 13, 2024

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Funding and M&A Roundup: Powerdot Secures $108 Million

From: Mercom Capital Group Powerdot, a provider of EV charging solutions, announced the successful closing of a €100 million (~$108 million) funding round led by Antin...

March 6, 2024

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Funding and M&A Roundup: Ascend Elements Raises $162 Million

From: Mercom Capital Group Ascend Elements, a lithium-ion battery recycling and engineered materials company announced it has raised $162 million in new equity...

February 28, 2024

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Funding and M&A Roundup: Camus Energy Secures Over $25 Million

From: Mercom Capital Group Camus Energy, a grid orchestration platform, secured over $25 million in Series A funding after closing its $10 million extension. The round...

February 21, 2024

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Funding and M&A Roundup: Lithium Extraction Firm Lilac Solutions Secures $145 Million

From: Mercom Capital Group Lilac Solutions, a lithium extraction technology provider, raised $145 million in Series C funding, bringing Lilac’s total capital raised to...

February 14, 2024

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Funding and M&A Roundup: Volvo Group Acquires Battery Business for $210 Million

From: Mercom Capital Group The Volvo Group announced the acquisition of the battery business from electric vehicle (EV) company Proterra and Proterra Operating Company....

February 7, 2024

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Energy Storage Sector Secures Record Venture Capital Funding of $9.2 Billion in 2023

Global venture capital funding in the energy storage sector in 2023 reached $9.2 billion, a 59% year-over-year (YoY) increase from $5.8 billion. The amount raised was...

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Funding and M&A Roundup: EV Charging Platform Monta Secures $87 Million

From: Mercom Capital Group Monta, an EV charging solutions provider, announced the close of an €80 million (~$87 million) Series B financing round, bringing the...

January 31, 2024

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Funding and M&A Roundup: Battery Manufacturer Northvolt Secures $5 Billion Loan

From: Mercom Capital Group Northvolt, a Sweden-based manufacturer of lithium-ion batteries, announced the signing of a $5 billion non-recourse project financing to...

January 24, 2024

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Funding and M&A Roundup: BESS Developer NineDot Raises $225 Million

From: Mercom Capital Group NineDot Energy, a developer of community-scale battery energy storage systems (BESS), has secured a $225 million equity capital commitment...

January 17, 2024

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Funding and M&A Roundup: BrightNight Secures $375 Million to Expand RE Portfolio

From: Mercom Capital Group BrightNight, an independent power producer, announced the completion of a $375 million corporate credit facility to expand its ~31 GW...

January 10, 2024

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