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					</table>From: <a href="https://mercomcapital.com/funding-and-ma-roundup-carlyle-acquires-stake-in-aspen-for-350-million/" target="_blank" rel="noopener">Mercom Capital Group</a>
Carlyle, a global investment firm, <a href="https://mercomcapital.com/carlyle-acquires-majority-stake-in-aspen-for-350-million/" target="_blank" rel="noopener">acquired</a> a majority stake in Aspen Power Partners, a distributed generation platform focused on solar and storage assets across the U.S., for $350 million. The investment supports Aspen’s organic and acquisition-driven growth strategy targeting the community, multifamily, and commercial &amp; industrial solar and storage markets.
The Mobility House, a provider of EV charging and energy management solutions, has <a href="https://mercomcapital.com/the-mobility-house-secures-series-c-funding/" target="_blank" rel="noopener">raised</a> $50 million in a Series C Funding round led by Mercuria and co-led by Ventura Capital and Green Gateway Fund. The company will use the funds to expand its market position in electric vehicle smart charging and vehicle-to-grid integration across Europe, North America, and Asia.
Runwise, a provider of building heat management solutions, <a href="https://mercomcapital.com/runwise-raises-19-million-in-series-a-funding/" target="_blank" rel="noopener">raised</a> $19 million in a Series A funding round led by Fifth Wall. The company combines a proprietary heat computer, sensor network, and machine learning systems to reduce fuel consumption by an average of 20-25%. This investment will allow Runwise to continue expanding its operations and technology.
AMPYR Solar Europe, a solar project developer, and independent power producer, <a href="https://mercomcapital.com/ampyr-solar-acquires-solarenergyworks-solar-business/" target="_blank" rel="noopener">acquired</a> SolarEnergyWork’s solar business in the Netherlands. The acquisition includes an asset pipeline of 100 MW ready-to-build and 650 MW under-development assets. Following this acquisition, AMPYR Solar Europe will have a development pipeline of solar PV assets of over 1 GW in the Netherlands and an aggregate development pipeline of 6 GW, including in Germany and the UK.
AMP, an energy management solutions platform, <a href="https://mercomcapital.com/amp-secures-17-million-in-series-a-funding/" target="_blank" rel="noopener">secured</a> $17.25 million in a Series A funding round from Ecosystem Integrity Fund and Helios Climate Ventures. The company plans to use these funds to accelerate the growth of its connected energy management platform, which enables automotive consumers to track, manage and report the state of health of battery packs, unlocking vehicle-to-grid applications.
Mumbai-based rooftop solar start-up SolarSquare has <a href="https://mercomindia.com/solarsquare-raises-12-8-million-series-a-funding/" target="_blank" rel="noopener">raised</a> ₹1 billion ($12.8 million) as part of its series A funding round led by Elevation Capital and U.S.-based climate-focused fund Lowercarbon Capital. Existing investors, including Good Capital, Rainmatter, Better Capital, and angels Vidit Atrey and Sanjeev Barnwal (Meesho), also participated in this funding round. The funds will shore up the company’s presence in the coming 18-24 months and deploy the investment to ramp up its installations to build a seamless user experience.
Ionblox, a lithium-ion cell company, has <a href="https://www.businesswire.com/news/home/20221026005100/en/Ionblox-Raises-24-Million-Series-B-Investment-to-Support-the-Commercialization-of-Unique-High-Energy-Plus-High-Power-Battery-Cells" target="_blank" rel="noopener">closed</a> a $24 million Series B Funding round with Lilium, Applied Ventures, and Catalus Capital. The company will use the investment to continue scaling operations.
Complete Solar and Solaria <a href="https://www.businesswire.com/news/home/20221107005413/en/Complete-Solar-Merges-with-Solaria-Forming-Complete-Solaria-an-Industry-Leading-Solar-Company" target="_blank" rel="noopener">announced</a> the completion of their merger, forming Complete Solaria. This strategic merger will start a vertically integrated business, delivering end-to-end residential solar solutions and increasing manufacturing capabilities as it ramps production in the U.S. The combination of these two companies establishes Complete Solaria as a full system operator, offering technology, financing, and project fulfillment. It will enable the company to sell more products across the U.S. and Europe.
For reports and trackers on funding and M&amp;A transactions in solar, energy storage, smart grid, and efficiency sectors, click <a href="https://mercomcapital.com/clean-energy-reports/" target="_blank" rel="noopener">here</a>.
Read last week’s funding <a href="https://mercomindia.com/funding-and-ma-roundup-ascend-elements-secures-300-million/" target="_blank" rel="noopener">roundup</a>.

Funding and M&A Roundup: Carlyle Acquires Majority Stake in Aspen Power for $350 Million

Carlyle, a global investment firm, <a href="https://cms.mercomindia.com/carlyle-acquires-majority-stake-in-aspen-for-350-million/" target="_blank" rel="noopener">acquired</a> a majority stake in Aspen Power Partners, a distributed generation platform focused on solar and storage assets across the U.S., for $350 million. The investment supports Aspen&#8217;s organic and acquisition-driven growth strategy targeting the community, multifamily, and commercial &amp; industrial solar and storage markets.
The Mobility House, a provider of EV charging and energy management solutions, has <a href="https://cms.mercomindia.com/the-mobility-house-secures-series-c-funding/" target="_blank" rel="noopener">raised</a> $50 million in a Series C Funding round led by Mercuria and co-led by Ventura Capital and Green Gateway Fund. The company will use the funds to expand its market position in electric vehicle smart charging and vehicle-to-grid integration across Europe, North America, and Asia.
Runwise, a provider of building heat management solutions, <a href="https://cms.mercomindia.com/runwise-raises-19-million-in-series-a-funding/" target="_blank" rel="noopener">raised</a> $19 million in a Series A funding round led by Fifth Wall. The company combines a proprietary heat computer, sensor network, and machine learning systems to reduce fuel consumption by an average of 20-25%. This investment will allow Runwise to continue expanding its operations and technology.
AMPYR Solar Europe, a solar project developer, and independent power producer, <a href="https://cms.mercomindia.com/ampyr-solar-acquires-solarenergyworks-solar-business/" target="_blank" rel="noopener">acquired</a> SolarEnergyWork&#8217;s solar business in the Netherlands. The acquisition includes an asset pipeline of 100 MW ready-to-build and 650 MW under-development assets. Following this acquisition, AMPYR Solar Europe will have a development pipeline of solar PV assets of over 1 GW in the Netherlands and an aggregate development pipeline of 6 GW, including in Germany and the UK.
AMP, an energy management solutions platform, <a href="https://cms.mercomindia.com/amp-secures-17-million-in-series-a-funding/" target="_blank" rel="noopener">secured</a> $17.25 million in a Series A funding round from Ecosystem Integrity Fund and Helios Climate Ventures. The company plans to use these funds to accelerate the growth of its connected energy management platform, which enables automotive consumers to track, manage and report the state of health of battery packs, unlocking vehicle-to-grid applications.
Mumbai-based rooftop solar start-up SolarSquare has <a href="https://mercomindia.com/solarsquare-raises-12-8-million-series-a-funding/" target="_blank" rel="noopener">raised</a> ₹1 billion ($12.8 million) as part of its series A funding round led by Elevation Capital and U.S.-based climate-focused fund Lowercarbon Capital. Existing investors, including Good Capital, Rainmatter, Better Capital, and angels Vidit Atrey and Sanjeev Barnwal (Meesho), also participated in this funding round. The funds will shore up the company&#8217;s presence in the coming 18-24 months and deploy the investment to ramp up its installations to build a seamless user experience.
Ionblox, a lithium-ion cell company, has <a href="https://www.businesswire.com/news/home/20221026005100/en/Ionblox-Raises-24-Million-Series-B-Investment-to-Support-the-Commercialization-of-Unique-High-Energy-Plus-High-Power-Battery-Cells" target="_blank" rel="noopener">closed</a> a $24 million Series B Funding round with Lilium, Applied Ventures, and Catalus Capital. The company will use the investment to continue scaling operations.
Complete Solar and Solaria <a href="https://www.businesswire.com/news/home/20221107005413/en/Complete-Solar-Merges-with-Solaria-Forming-Complete-Solaria-an-Industry-Leading-Solar-Company" target="_blank" rel="noopener">announced</a> the completion of their merger, forming Complete Solaria. This strategic merger will start a vertically integrated business, delivering end-to-end residential solar solutions and increasing manufacturing capabilities as it ramps production in the U.S. The combination of these two companies establishes Complete Solaria as a full system operator, offering technology, financing, and project fulfillment. It will enable the company to sell more products across the U.S. and Europe.
For reports and trackers on funding and M&amp;A transactions in solar, energy storage, smart grid, and efficiency 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-and-ma-roundup-ascend-elements-secures-300-million/" target="_blank" rel="noopener">roundup</a>.

<a href="https://www.mobilityhouse.com/usa_en" target="_blank" rel="noopener">The Mobility House</a>, a provider of EV charging and energy management solutions, announced it had raised $50 million in a Series C Funding round led by Mercuria and co-led by Ventura Capital and Green Gateway Fund.
Other strategic investors include Mercedes-Benz, Alliance Venture, Mitsui, and SP Group.
“We see The Mobility House as the leading global software platform monetizing electric vehicle batteries, providing grid stability and storage services to a 100% renewable energy and transport system, with the potential to save over 5% of global CO2 emissions,” said Jochen Wermuth, founder of Green Gateway Fund
The company plans to use the new funds to expand technology development efforts and its market position in the field of electric vehicle smart charging in Europe, North America, and Asia. The technology was recently implemented for a 6.5 MW <a href="https://www.mobilityhouse.com/usa_en/our-company/newsroom/article/brookville-bus-depot" target="_blank" rel="noopener">microgrid</a> facility at Brookville Smart Energy Bus Depot in Montgomery County, Maryland, where ChargePilot coordinated charging with the microgrid by optimizing the buses’ charging schedules based on route blocks and energy demands to ensure vehicle readiness.
“We are delighted about the trust that our existing investors have placed in us. In recent months, it has become increasingly clear: the market for smart charging and V2G is there and developing rapidly. It also has incredible economic and environmental potential for us to tap into,” said Robert Hienz, CEO of The Mobility House. “We have the technology ready to cater to and significantly shape this market and are already well-equipped for the future continued development of our products.”
According to Mercom’s 9M And Q3 2022 Funding and M&amp;A <a href="https://cms.mercomindia.com/product/9m-q3-2022-funding-ma-report-for-storage-grid-efficiency/" target="_blank" rel="noopener">Report</a> for Storage, Grid &amp; Efficiency. VC funding in Smart Grid companies in 9M 2022 was 162% higher, with a record $2.5 billion compared to the $936 million raised in 9M 2021.
Last Month, Octopus Energy Group, a renewable energy group specializing in sustainable energy, <a href="https://cms.mercomindia.com/ev-charging-infrastructure-company-be-ev-raises-octopus-energy/" target="_blank" rel="noopener">invested</a> £110 million (~$128 million) in EV Charging provider Be.EV. The funding is expected to help Be.EV to scale and install new charge points across the UK.

The Mobility House Secures $50 Million in Series C Funding

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