Tech Company Financing Transactions
Malta Funding Round
On 2/25/2021, Malta announced $50 million in Series B funding from Proman and Breakthrough Energy Ventures.
Transaction Overview
Company Name
Announced On
2/25/2021
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Proman (Lead Investor)
Breakthrough Energy Ventures (Dustin Moskovitz)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
210 Bdwy. 201
Cambridge, MA 02139
USA
Cambridge, MA 02139
USA
Phone
Undisclosed
Website
Email Address
Overview
Malta is a provider of industrial-grade, grid-scale energy storage solutions. The Malta system collects and stores inexpensive and abundant renewable and fossil energy, and dispatches it as needed to the grid to enable the affordable and reliable delivery of electricity on demand.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ramya Swaminathan
Vice President
Ty Jagerson
VP - Engineering
Benjamin Bollinger
VP - Finance
Elvir Mujanovic
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