Funding and M&A Roundup: NeoVolta to Secure $13 Million in Private Placement Financing
Moment Energy Secures $5 Million
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NeoVolta, a U.S.-based energy storage solutions provider, has entered into agreements for $13 million in private placement financing led by Infinite Grid Capital (IGC). The funding is structured to offer both immediate and future capital support for the company’s planned domestic manufacturing initiative and will be used to accelerate growth. A significant portion of the funding is allocated to advance this initiative, under a memorandum of understanding with third parties, to establish and operate a battery energy storage manufacturing plant in Georgia.
