Mercom Insider

Corporate Funding for Battery Storage Firms Jumps to $9.6 Billion in 1H 2021

Battery storage, smart grid, and efficiency companies raised $4.9 billion in VC funding

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Global corporate funding, including venture capital (VC) funding, public market, and debt financing for battery storage, smart grid, and efficiency companies in the first half (1H) of 2021, was up over 593% year-over-year (YoY) with $10.4 billion compared to $1.5 billion raised in the same period last year, according to Mercom’s recently released report.

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