Tech Company Financing Transactions
EnerVenue Funding Round
On 9/16/2021, EnerVenue raised $100 million in Series A funding from Schlumberger, Saudi Aramco Energy Ventures and private investors.
Transaction Overview
Company Name
Announced On
9/16/2021
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series A
Investors
Schlumberger (Lead Investor) (Ashok Belani)
Proceeds Purpose
The company will use funding from the Series A to build a gigafactory in the United States, accelerate R&D efforts, and expand its sales force as it scales its distribution capabilities with strategic partnerships like the one announced with Schlumberger New Energy.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
47621 Westinghouse Dr.
Fremont, CA 94539
USA
Fremont, CA 94539
USA
Phone
Website
Email Address
Not Recorded
Overview
EnerVenue builds simple, safe, maintenance-free energy storage for the clean energy revolution -- based on technology proven over decades in extreme conditions, now scaled for large renewable energy integration applications.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Yi Cui
Chief Executive Officer
Jorg Heinemann
Chief Operating Officer
Frank Blohm
Chief Technical Officer
Majid Keshavarz
VP - Product Management
Vikash Venkataramana
Browse more venture capital transactions:
Prev: 9/16/2021: Persona Security venture capital transaction
Next: 9/16/2021: Flywheel Research venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here come from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs