Mercom Capital: VC funding for battery storage companies up 139% YoY in 1H 2019 to $1.4B; led by Northvolt financing

Green Car Congress
By mmillikinJul 23, 2019, 5:30 am338 pts
VC funding in Battery Storage companies in 1H 2019 was up by 139% with $1.4 billion in 17 deals compared to the $543 million in 30 deals in 1H 2018, according a new report from Mercom Capital Group. The increase was spurred by Northvolt’s $1-billion funding round. The Top 5 VC funding deals in 1H 2019 were:…

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