Mercom Insider

Battery Energy Storage Companies Received $536 Million in VC Funding in 1H of 2020

Battery storage, smart grid, and energy efficiency companies raised $858 million in VC funding

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Global VC funding (venture capital, private equity, and corporate venture capital) for battery storage, smart grid, and efficiency companies in the first half (1H) of 2020 was down by 51% with $858 million raised compared to $1.8 billion during the same period in 2019, according to a newly released report from Mercom Capital Group.

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