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VC funding into new energy markets rises 54% YOY to top $2 billion

Thu, 11/07/2019 - 14:52 -- Paul Crompton
VC funding into new energy markets rises 54% YOY to top $2 billion

Funding into battery storage, smart grid, and energy efficiency companies was up 54% in the first nine months (9M) of the year compared to the same period in 2018, according to Mercom Capital Group.

Global venture capital, private equity, and corporate venture capital funding into the sectors reached more than $2 billion up to Q3 according to the firm’s Funding and Mergers and Acquisitions (M&A) Activity report for the global battery storage sectors.

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