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NeoVolta, a U.S.-based energy storage solutions provider, has <a href="https://cms.mercomindia.com/neovolta-to-secure-private-placement-financing/" target="_blank" rel="noopener">entered</a> 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.
Moment Energy, an electric vehicle battery repurpose company, has <a href="https://cms.mercomindia.com/moment-energy-secures-5-million-in-debt-funding/" target="_blank" rel="noopener">secured</a> $5 million in growth financing from TD Innovation Partners, the innovation banking division of The Toronto-Dominion Bank. The company will use the funds to accelerate the repurposing of lithium-ion batteries into safe, high-performance, and compliant energy storage systems for commercial, industrial, and utility applications. To meet the growing domestic demand for its Luna BESS, the company plans to boost production.
EQORE, a distributed battery storage company, has <a href="https://cms.mercomindia.com/eqore-raises-million-seed-funding/" target="_blank" rel="noopener">raised</a> $1.7 million in an oversubscribed seed funding round. The round saw participation from Massachusetts Clean Energy Center, Henry Ford III of Ford Motor Company, and Jonathan Kraft of The Kraft Group. It also included investors such as industry operators Andrew Slifka, Mitch Coddington, and the Betti family, led by Nicholas Betti. Veteran entrepreneur Luke Merrow and tech executives Kent Helfrich and Kristin Welch, via Pointe Angels. The funding is intended to help the company expand its team and accelerate deployments at its manufacturing facilities.
Rooftop solar solutions and products company Fujiyama Power Systems <a href="https://www.mercomindia.com/fujiyama-power-systems-debuts-on-bourses-after-strong-response-to-ipo" target="_blank" rel="noopener">debuted</a> on the Indian stock exchanges after its initial public offering (IPO) of ₹8.28 billion (~$93.5 million) was oversubscribed 2.14 times. The price band was set at ₹216(~$2.4) to ₹228(~$2.6) per equity share, with a face value of ₹1(~$0.11). The IPO saw bids for 56 million shares, exceeding the 26 million shares on offer. Qualified institutional buyers led the demand, with a subscription rate of 5.15 times, followed by the employee-reserved portion at 1.47 times, and retail individual investors at 100%.
AMPYR Distributed Energy (ADE), an investor in renewable energy solutions and part of the AGP Group, has <a href="https://cms.mercomindia.com/ampyr-distributed-energy-acquires-shawton-energy/" target="_blank" rel="noopener">announced</a> the acquisition of Shawton Energy, a company that provides fully-funded solar energy solutions to U.K. businesses. The acquisition is expected to strengthen ADE’s position in the U.K. distributed energy market, further expanding its customer base and operational capabilities through Shawton’s experience and commercial relationships.
For reports and trackers on funding and M&amp;A transactions in solar, energy storage, and smart grid sectors, click <a href="https://cms.mercomindia.com/clean-energy-reports/" target="_blank" rel="noopener">here</a>.
Read last week&#8217;s funding <a href="https://cms.mercomindia.com/funding-ma-roundup-sedgeley-solar-group-raises-60-million/" target="_blank" rel="noopener">roundup</a>.

Funding and M&A Roundup: NeoVolta to Secure $13 Million in Private Placement Financing

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					</table>From: <a href="https://mercomcapital.com/funding-and-ma-roundup-neovolta-to-secure-13-million-in-private-placement-financing/" target="_blank" rel="noopener">Mercom Capital Group</a>
NeoVolta, a U.S.-based energy storage solutions provider, has <a href="https://mercomcapital.com/neovolta-to-secure-private-placement-financing/" target="_blank" rel="noopener">entered</a> 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.
Moment Energy, an electric vehicle battery repurpose company, has <a href="https://mercomcapital.com/moment-energy-secures-5-million-in-debt-funding/" target="_blank" rel="noopener">secured</a> $5 million in growth financing from TD Innovation Partners, the innovation banking division of The Toronto-Dominion Bank. The company will use the funds to accelerate the repurposing of lithium-ion batteries into safe, high-performance, and compliant energy storage systems for commercial, industrial, and utility applications. To meet the growing domestic demand for its Luna BESS, the company plans to boost production.
EQORE, a distributed battery storage company, has <a href="https://mercomcapital.com/eqore-raises-million-seed-funding/" target="_blank" rel="noopener">raised</a> $1.7 million in an oversubscribed seed funding round. The round saw participation from Massachusetts Clean Energy Center, Henry Ford III of Ford Motor Company, and Jonathan Kraft of The Kraft Group. It also included investors such as industry operators Andrew Slifka, Mitch Coddington, and the Betti family, led by Nicholas Betti. Veteran entrepreneur Luke Merrow and tech executives Kent Helfrich and Kristin Welch, via Pointe Angels. The funding is intended to help the company expand its team and accelerate deployments at its manufacturing facilities.
Rooftop solar solutions and products company Fujiyama Power Systems <a href="https://www.mercomindia.com/fujiyama-power-systems-debuts-on-bourses-after-strong-response-to-ipo" target="_blank" rel="noopener">debuted</a> on the Indian stock exchanges after its initial public offering (IPO) of ₹8.28 billion (~$93.5 million) was oversubscribed 2.14 times. The price band was set at ₹216(~$2.4) to ₹228(~$2.6) per equity share, with a face value of ₹1(~$0.11). The IPO saw bids for 56 million shares, exceeding the 26 million shares on offer. Qualified institutional buyers led the demand, with a subscription rate of 5.15 times, followed by the employee-reserved portion at 1.47 times, and retail individual investors at 100%.
AMPYR Distributed Energy (ADE), an investor in renewable energy solutions and part of the AGP Group, has <a href="https://mercomcapital.com/ampyr-distributed-energy-acquires-shawton-energy/" target="_blank" rel="noopener">announced</a> the acquisition of Shawton Energy, a company that provides fully-funded solar energy solutions to U.K. businesses. The acquisition is expected to strengthen ADE’s position in the U.K. distributed energy market, further expanding its customer base and operational capabilities through Shawton’s experience and commercial relationships.
For reports and trackers on funding and M&amp;A transactions in solar, energy storage, and smart grid sectors, click <a href="https://mercomcapital.com/clean-energy-reports/" target="_blank" rel="noopener">here</a>.
Read last week’s funding <a href="https://www.mercomindia.com/funding-and-ma-roundup-sedgeley-solar-group-raises-60-million" target="_blank" rel="noopener">roundup</a>.

Funding and M&A Roundup: NeoVolta to Secure $13 Million

<a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.eqore.net%2F&amp;esheet=54360484&amp;newsitemid=20251120243453&amp;lan=en-US&amp;anchor=EQORE&amp;index=1&amp;md5=c45cf2147072d980f5cbbc16ba600629&amp;_gl=1*1yc5df0*_gcl_au*MTAxNzgwNjgzMS4xNzYyNDE5NjYw*_ga*MTgyMjg3NjU3NS4xNzQ2MTkyMzEx*_ga_ZQWF70T3FK*czE3NjM3MDAyMTYkbzc5JGcwJHQxNzYzNzAwMjE2JGo2MCRsMCRoMA.." target="_blank" rel="noopener">EQORE</a>, a distributed battery storage company, has raised $1.7 million in an oversubscribed seed funding round.
The round saw participation from Massachusetts Clean Energy Center (MassCEC), Henry Ford III of Ford Motor Company, and Jonathan Kraft of The Kraft Group. It also included investors such as industry operators Andrew Slifka, Mitch Coddington, and the Betti family, led by Nicholas Betti. Veteran entrepreneur Luke Merrow and tech executives Kent Helfrich and Kristin Welch, via Pointe Angels.
&#8220;What excites us the most about EQORE&#8217;s technology is the dual impact: grid support and customer savings,&#8221; said Susan Stewart, Head of Investments at <a href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.masscec.com%2F&amp;esheet=54360484&amp;newsitemid=20251120243453&amp;lan=en-US&amp;anchor=MassCEC&amp;index=6&amp;md5=eee8434aa43d7910581778a8b4a91916" target="_blank" rel="noopener">MassCEC</a>. &#8220;Commercial and industrial buildings are prime hosts for battery storage, yet they&#8217;ve been vastly overlooked.&#8221;
The funding is intended to help the company expand its team and accelerate deployments at its manufacturing facilities.
Beyond installing battery storage, EQORE operates it by shifting when power is used in response to market conditions and utility incentives; its autonomous software is stated to reshape facility load profiles in real time.
EQORE investor Randolph Mann pointed to the company&#8217;s differentiation: &#8220;By uniting advanced controls with high‑resolution metering and true end-to-end service, EQORE finally makes commercial behind-the-meter storage effortless and financially compelling for businesses.&#8221;
According to Mercom&#8217;s 9M and Q3 2025 Funding and M&amp;A for Energy Storage <a href="https://cms.mercomindia.com/product/9m-and-q3-2025-funding-and-ma-report-for-storage/" target="_blank" rel="noopener">report</a>, VC funding in the sector totaled $2.8 billion across 56 deals, a 4% YoY increase from $2.7 billion across 61 deals in 9M 2024.
In June, Hybrid Energy Storage Solutions, an energy storage solutions provider, <a href="https://cms.mercomindia.com/battery-materials-company-nanoramic-secures-54-million/" target="_blank" rel="noopener">secured</a> €12 million (~$13.6 million) in a funding round. The funding round saw participation from ABB, SC Net Zero Ventures, and VERBUND X Ventures, a venture capital unit of Austria&#8217;s energy supplier VERBUND.

EQORE Raises $1.7 Million in Seed Funding

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