Tech Company Financing Transactions
XL Batteries Funding Round
XL Batteries, operating out of Marlborough, secured $7.5 million in funding from private investors.
Transaction Overview
Company Name
Announced On
9/17/2025
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Undisclosed
Investors
private investors (Seth Merrin)
Proceeds Purpose
This new funding accelerates XL Batteries' ability to scale its operations, enhance grid resilience, and support energy independence by reducing reliance on foreign supply chains.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
33 Locke Drive
Marlborough, MA 01752
USA
Marlborough, MA 01752
USA
Phone
Undisclosed
Website
Email Address
Overview
We aim to bring widespread electrochemical storage to the grid for use anywhere, anytime. Our technology will reduce waste within the existing energy infrastructure, and unlock the potential of renewables for a sustainable future.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tom Sisto
Chief Scientific Officer
Paul Evans
Browse more venture capital transactions:
Prev: 9/17/2025: GridStrong venture capital transaction
Next: 9/17/2025: Omnea venture capital transaction
Share this article
Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC transactions reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs