Mercom Insider

VC funding for Battery Energy Storage Companies Was up 78% With $661 Million in Q3

Smart grid VC funding soared 231% to $643 million

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Global corporate funding (including venture capital funding, public market, and debt financing) for the battery storage, smart grid, and energy efficiency sectors was up 165% in the third quarter of 2020 (Q3 2020) at about $3.2 billion, according to Mercom Capital Group’s latest report.

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