Tech Company Financing Transactions

Alsym Energy Funding Round

Alsym Energy, based in Woburn, scored $78 million in investment from General Catalyst, Tata Industries and DRADS Capital.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C
Proceeds Purpose
Alsym plans to use the new funding to double the team from 50 to 100 and build two production lines, 1 megawatt-hour each in capacity, to provide samples to customers.

Company Information

Company Status
Private & Independent
Energy & Battery
Mailing Address
82 Cummings Park Dr.
Woburn, MA 01801
Email Address
Electricity generation is shifting to renewables, but on their own, renewables can only be relied on for supplemental or backup power. It is only when wind and solar are coupled with energy storage that service level agreements (SLAs) supporting 24×7 delivery become possible and renewables can be considered as a primary power source.
Alsym Energy LinkedIn Company Profile
Social Media
Alsym Energy Company Twitter Account
Company News
Alsym Energy News
Alsym Energy on Facebook
Alsym Energy on YouTube

Management Team

Email & Social
Chief Executive Officer
Mukesh Chatter
  Mukesh Chatter LinkedIn Profile  Mukesh Chatter Twitter Account  Mukesh Chatter News  Mukesh Chatter on Facebook
Chief Financial Officer
Michael Hannon
  Michael Hannon LinkedIn Profile  Michael Hannon Twitter Account  Michael Hannon News  Michael Hannon on Facebook
VP - Marketing
Matthew West
  Matthew West LinkedIn Profile  Matthew West Twitter Account  Matthew West News  Matthew West on Facebook
VP - R & D
Rahul Mukherjee
  Rahul Mukherjee LinkedIn Profile  Rahul Mukherjee Twitter Account  Rahul Mukherjee News  Rahul Mukherjee on Facebook



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We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with, an affiliated venture.


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