Funding and M&A Roundup: Battery Company CMBlu Secures $105 Million
Electric Bus manufacturer PMI secures $150 Million investment from Piramal
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
CMBlu Energy, an organic solid flow battery technology developer, secured €100 million (~$105 million) equity investment from globally operating technology and construction group STRABAG SE. The funding will be used to scale up the company’s battery technology production. CMBlu Energy, together with collaboration partners, is currently working on multiple pilot projects in the U.S. and Europe to prove its large-scale energy storage solutions.
Where clean energy's most influential leaders get their intelligence
Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.
Already have an account? Sign In
Arjun Pradeep
More articles from Arjun Pradeep.
