Corporate Funding for Battery Storage Companies Up 52% With $4.7 Billion in Q1 2021

VC funding for smart grid companies increased by 254% compared to the same period last year

April 21, 2021

/ Rakesh Ranjan
/ Grid, Smart Grid
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The venture capital (VC) funding for battery storage, smart grid, and energy efficiency companies in Q1 2021 saw a growth of 410% and stood at $1.3 billion, compared to $252 million in Q1 2020, according to Mercom Capital Group’s latest report Q1 2021 Funding and M&A Report for Storage, Grid, and Efficiency.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
Battery storageEnergy EfficiencyM&ASmart GridVC Funding
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