Tech Company Financing Transactions
Estes Energy Funding Round
BMW i Ventures, Fortescue Future Industries and DCVC participated in a $11 million Seed funding round for Estes Energy. The round closed on 7/23/2025.
Transaction Overview
Company Name
Announced On
7/23/2025
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand the development team, build-out its pilot manufacturing capability, and begin deploying battery systems to early customers in Q4 2025.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1235 Connecticut Street
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We exist to develop & manufacture exceptional systems for rapidly expanding electrification markets. Estes develops and manufactures exceptional zero-emission power systems that unlock true scale and performance for the electrification of the commercial vehicle and equipment markets. Estes will focus on its ability to use materials from first principles to meet the goals of performance, platform flexibility, cost, and domestic manufacturing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dustin Grace
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We do our best to report on tech company VC transactions. VC investment data records on this site are derived from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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