Corporate Funding for Battery Storage Firms Jumps to $9.6 Billion in 1H 2021
Battery storage, smart grid, and efficiency companies raised $4.9 billion in VC funding
July 21, 2021
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Global corporate funding, including venture capital (VC) funding, public market, and debt financing for battery storage, smart grid, and efficiency companies in the first half (1H) of 2021, was up over 593% year-over-year (YoY) with $10.4 billion compared to $1.5 billion raised in the same period last year, according to Mercom’s recently released report.