Organic Flow Battery Provider XL Batteries Raises $10 Million in Seed funding

Catalus Capital led the investment round with participation from other investors

February 28, 2023

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XL Batteries, a provider of long-duration grid-scale energy storage solutions, raised $10 million in a Seed-2 round which Catalus Capital led, with additional investment from SIP Global, Xerox Ventures, and existing investors Jeffrey Schwarz, Joel Greenblatt, and Robert Goldstein.

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