Tech Company Financing Transactions
EnerVault Funding Round
EnerVault closed a $15.5 million Series B funding round on 2/23/2012. Backers included 3M Corporation, Mitsui & Co. and Oceanshore Ventures.
Transaction Overview
Company Name
Announced On
2/23/2012
Transaction Type
Venture Equity
Amount
$15,500,000
Round
Series B
Proceeds Purpose
The latest round of funding augments grant awards from the DOE ARRA Storage Demonstration program to establish pilot manufacturing capability and enable the completion of EnerVault's first installation.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
1244 Reamwood Ave.
Sunnyvale, CA 94089
USA
Sunnyvale, CA 94089
USA
Phone
Website
Email Address
Overview
EnerVault was founded in 2008 to develop safe, reliable, cost-effective grid-scale, long-duration energy storage systems. Long-duration energy storage systems are emerging as the lynchpin to efficient operations for resilient grids as aging conventional power plants are replaced by higher levels of solar and wind resources.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ronald Mosso
Chief Financial Officer
Thomas Jahn
Chief Technical Officer
Quoc Pham
Founder
Craig Horne
VP - Engineering
Prem Menon
VP - Sales
Bret Adams
Browse more venture capital transactions:
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