Battery Intelligence™ software solutions creator Voltaiq raised $6.6 million in a Series A funding round led by Anzu Partners, with participation from Bee Partners, SJF Ventures, and UL Ventures. The company plans to use the funding to accelerate the rollout of its Battery Intelligence™ software platform,
SolidEnergy, which designs and manufactures the “lightest practical rechargeable cells in the world,” closed $30 million in financing from an undisclosed investor. According to the company, it supplies Li-Metal cells to aeronautics, space, and consumer drones customers whose high-altitude pseudo satellites provide free, open access to
Nuvve secured a new round of Series A financing, led by EDF Renewable Energy and Toyota Tsusho. Nuvve’s GIVe™ platform supports renewable energy integration by enabling any electric vehicle battery to generate, store, and resell unused energy back to the local electric grid. Nuvve’s Vehicle to
ESS Inc. secured $13 million in Series B financing, led by BASF Venture Capital America. Cycle Capital, Presidio Partners, Pangaea Ventures, and InfraPartners Management also participated in the funding. ESS Inc. manufactures low-cost, long-duration, all-iron redox flow batteries for commercial and utility-scale energy storage applications
Cummins, an American Fortune 500 corporation that designs, manufactures, and distributes engines, filtration, and power generation products, announced it has acquired transportation startup Brammo. Brammo’s Embedded OpenType (EoT) platform provides for rapid go-to-market of lithium-ion energy storage with full system integration into vehicle, device, or portable
According to a recent SEC filing, Imprint Energy has raised $999,999 in financing from an undisclosed investor. Imprint Energy is commercializing a low-cost, flexible, rechargeable battery technology that the company maintains will change the world of portable power. Imprint plans to provide batteries with lithium-like performance
Gridtential Energy announced the completion of $11 million in Series B financing. 1955 Capital led the round, with participation from East Penn Manufacturing, Crown Battery Manufacturing, Leoch International, Power-Sonic, and The Roda Group. Gridtential has developed a proprietary technology for an advanced lead-acid battery that replaces