VC Private Financings for Energy Storage

Firefly Energy raises $15,000,000

Firefly Energy Inc., a Peoria, Ill.-based developer of lead acid battery technology, has raised $15 million in Series C funding.  “With a new corporate focus on improving batteries, CAT electronics turned the issue over to their R&D arm.  Kurt Kelley (now Firefly’s Chief Technology Officer) was given the task of addressing the two main failure […]

Deeya Energy raises $15,000,000

Deeya Energy Inc. has raised $15 million.  Deeya Energy is a technology start-up dedicated to developing and manufacturing Electrical Energy Storage Systems based on its proprietary technology called L-Cell.  The systems are based on a novel battery technology that allows new level of cost and performance metrics to be reached in energy industry.  Deeya’s products […]

International Battery raises $25,000,000

International Battery (IB) announced today that the Company has secured up to $25 million of financing.  International Battery is an integrated designer, developer and manufacturer of high-energy, high rate, iron phosphate and cobalt oxide lithium ion rechargeable cells. The Company is a developer and supplier of battery systems and battery system chargers for use in […]

Pentadyne Power raises $14,000,000

Pentadyne Power Corporation, the world’s leading commercial manufacturer of clean energy storage systems using advanced composite flywheel technology, announced today that Loudwater Investment Partners have led a $14 million capital round to finance further company growth and product development.  Edward Forwood, Managing Director of Loudwater, said, “Pentadyne has developed the most efficient flywheel energy storage […]