Tech Company Financing Transactions

Malta Funding Round

Malta, operating out of Cambridge, received $26 million in investment from Breakthrough Energy Ventures, Alfa Laval and Concord Energy.

Transaction Overview

Company Name
Announced On
12/20/2018
Transaction Type
Venture Equity
Amount
$26,000,000
Round
Series A
Investors

Breakthrough Energy Ventures (Lead Investor) (Carmichael Roberts)

Alfa Laval (Susanne Åklundh)

Concord Energy (Liu Shunxing)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
210 Bdwy. 201
Cambridge, MA 02139
USA
Phone
Undisclosed
Email Address
Overview
Malta is a provider of industrial-grade, grid-scale energy storage solutions. The Malta system collects and stores inexpensive and abundant renewable and fossil energy, and dispatches it as needed to the grid to enable the affordable and reliable delivery of electricity on demand.
Profile
Malta LinkedIn Company Profile
Social Media
Malta Company Twitter Account
Company News
Malta News
Facebook
Malta on Facebook
YouTube
Malta on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ramya Swaminathan
  Ramya Swaminathan LinkedIn Profile  Ramya Swaminathan Twitter Account  Ramya Swaminathan News  Ramya Swaminathan on Facebook
Vice President
Ty Jagerson
  Ty Jagerson LinkedIn Profile  Ty Jagerson Twitter Account  Ty Jagerson News  Ty Jagerson on Facebook
VP - Engineering
Benjamin Bollinger
  Benjamin Bollinger LinkedIn Profile  Benjamin Bollinger Twitter Account  Benjamin Bollinger News  Benjamin Bollinger on Facebook
VP - Finance
Elvir Mujanovic
  Elvir Mujanovic LinkedIn Profile  Elvir Mujanovic Twitter Account  Elvir Mujanovic News  Elvir Mujanovic on Facebook


 

 

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About Our Venture Capital Transactions Database

Our team works diligently to report on every notable VC transaction. VC investment data records reported here come from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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