VFBATTERY REPORT
Industry

Investment

Page 27 of 72
Battery Report 2020, page 27: Investment
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  1. https://pv-magazine-usa.com/2020/12/17/energy-storage-investments-2020-vc-and-equity-firms-put-more-than-500-million-in-these-25-battery-startups/
Text on page 27

Investment: 2020 VC Portfolio in Energy Storage More than $500 million allocated to battery related startups Battery management, software, microgrids, EV chargers and more

Energy storage Form Energy: $76M Highview Power: $55.5M Quidnet Energy: $10M

Demand Power: $71M

Orison: $8.5M

Skeleton: $49M

Voltstorage: $7.4M

FreeWire: $25M PowerUp: $6M

Batteries QuantumScape (solid-state battery): SPAC IPO Eos Energy Storage (Zinc-based battery): SPAC IPO Redwood Materials (battery recycling): $40M Natron (Na-ion battery): $35M EnerVenue (Ni-H battery): $12M *Source: pv-magzine

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