Tech Company Financing Transactions
Critical Loop Funding Round
Hanover Partners, Better Ventures and Climate Capital joined a $26 million Series A funding round for Critical Loop. The funding round was announced by the company on 4/13/2026.
Transaction Overview
Company Name
Announced On
4/13/2026
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its work with partners, including San Diego International Airport, supported by a supply agreement for US-made batteries with LG Energy Solution Vertech.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
4150 Donald Douglas Drive
Long Beach, CA 90808
USA
Long Beach, CA 90808
USA
Phone
Undisclosed
Website
Email Address
Overview
We're making power economically available, reliable, and no longer a constraint on progress. We're building a world where energy is abundant and accessible on demand. American businesses shouldn't have to choose between waiting five years for power or moving operations overseas because the grid can't keep up with how fast industries need to grow.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bala Ramamurthy
Chief Operating Officer
Andrew Grinalds
Chief Operating Officer
Cody Thornton
Chief Technical Officer
Lydia Maher
Chief Technical Officer
Dante Sblendorio
VP - Bus. Development
Peter Bauman
VP - Bus. Development
Nanna Nielsen
VP - Bus. Development
Paul Stith
VP - Manufacturing
Chip Leigh
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