Funding and M&A Roundup: Energy Storage Firm Caban Systems Raises $51 Million

Sunrun to expand assets using a recently secured loan of $835 million

January 11, 2023

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Caban Systems, a California-based provider of energy storage solutions, raised $51 million in Series B Funding to help scale domestic battery manufacturing capacity and expand its global footprint. The round was led by BCP Ventures with participation from Ontario Power Generation Pension Fund, Ember Infrastructure, Portfolia, and Inspiration Ventures.

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