Corporate Funding for Battery Energy Storage Companies Was Up 136% at $6.6 Billion in 2020

However, VC funding in the battery storage sector slipped to $1.5 billion during the year

January 21, 2021

/ Nithin Thomas
/ Energy Storage, Finance and M&A
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Total corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors in 2020 was up 112% at $8.1 billion in 2020 from $3.8 billion in the previous year, according to Mercom Capital Group’s latest report.

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Nithin Thomas

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