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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

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Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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In addition to new investors BlackRock and Sinobioway, existing investors also participated in this financing. In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). Earlier post.).

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Cornish Lithium secures £18M funding package from TechMet

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The company now expects to have sufficient funding to complete a feasibility study on the Trelavour Project which the company would use to obtain the necessary debt and equity finance to enable project construction.

Financing 419
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TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

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TAE’s fifth-generation reactor, Norman, was unveiled in 2017 and was designed to keep plasma stable at 30 million degrees Celsius. Goldman Sachs served as the exclusive financial advisor in connection with the Series G-2 financing round. billion for its commercial fusion development. TAE’s sixth-generation fusion reactor Copernicus.

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Mercom Capital report: VC funding up for battery storage, down for smart grid, efficiency companies in 1H 2018 YoY

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Total corporate funding (including venture capital funding, public market, and debt financing) in 1H 2018 was down with $2.4 billion raised in 1H 2017, a 14% decrease year-over-year (YoY). Funding amounts were 33% lower YoY compared to the $591 million raised in 24 deals in Q2 2017. billion raised compared to $2.8

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Mercom: battery storage, smart grid, and efficiency companies raised $1.3B+ in VC funding in 9M 2018

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Global VC funding (venture capital, private equity, and corporate venture capital) for Battery Storage, Smart Grid, and Efficiency companies in the first 9 months (9M) of 2018 was 8% higher at more than $1.3 Total corporate funding (including venture capital funding, public market, and debt financing) in 9M 2018 was down with $3.3

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Hampleton Partners: Autotech M&A remains constant, driven by EVs and charging

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The latest Autotech & Mobility M&A Market Report from Hampleton Partners, the international M&A and corporate finance advisory firm for technology companies, shows that the appetite for Autotech & Mobility deals has remained consistent despite the impact of COVID disruption, the global semiconductor shortage and supply chain issues.

Charging 273