Finance
Cover and introductionp.1
IndustryOverviewp.5
IndustryNotable Eventsp.7
IndustryIndustry Value Chainp.21
IndustryFinancep.50
IndustryCostsp.68
IndustryCell & Pack Manufacturingp.83
IndustryApplicationsp.127
IndustryApplications: EVp.130
IndustryApplications: Stationary Energy Storagep.182
IndustryApplications: Data Centersp.233
IndustryApplications: Aviation, Drones, Spacep.243
IndustryApplications: Roboticsp.256
IndustryApplications: Otherp.264
IndustrySafetyp.266
IndustryCell Design and Materialsp.282
IndustryCell Design and Materials: Li-Ionp.297
IndustryCell Design and Materials: Lithium Sulfurp.360
IndustryCell Design and Materials: Solid-Statep.367
IndustryCell Design and Materials: Sodium-Ionp.387
IndustryCell Design and Materials: Alternative Chemistriesp.397
IndustrySupply Chain: Upstream and Midstreamp.419
IndustrySupply Chain: Recycling & Secondary Marketsp.439
IndustrySoftware / AIp.455
ChinaOverviewp.486
ChinaHistoryp.489
ChinaPolicy Landscapep.498
ChinaTalent & Ecosystem Maturityp.505
ChinaCapitalp.510
ChinaSupply Chainp.518
ChinaTechnology Innovationp.536
AcademiaOverviewp.552
AcademiaResearch Trendsp.555
AcademiaSeminal Literaturep.560
AcademiaFundamentalsp.571
AcademiaLithium-Ionp.575
AcademiaSolid State Batteriesp.594
AcademiaBattery Degradation and Performancep.605
AcademiaNew / Alternative Chemistriesp.618
AcademiaFast Charging & Extreme Fast Chargingp.630
AcademiaArtificial Intelligence and Machine Learningp.632
AcademiaBattery Management System (BMS)p.638
AcademiaRecyclingp.642
AcademiaBattery Safetyp.649
TalentOverviewp.653
TalentWorkforce Landscapep.657
TalentEmerging Trendsp.662
TalentPolicy & Immigrationp.668
TalentCompensation & Benefitsp.675
TalentIndustry Sentimentp.680
TalentSkills & Training Gapsp.687
TalentEducational Developmentp.692
TalentWorkforce Researchp.698
TalentAccess & Advancementp.702
PolicyNorth Americap.706
PolicyEuropep.724
PolicyAsiap.731
PolicyLegalp.737
CommunityConferencesp.755
PredictionsThe Next 12 Monthsp.760
Closing pagesp.762
Directory profiles (2)
Organizations mentioned or cited on this 2025 report page. A historical mention does not establish current products, availability or endorsement.
Sources and links on page 58 (19)
Links embedded in the original report PDF, including citations and other references. These destinations have not been independently reviewed. Links open in a new tab.
- https://finance.yahoo.com/news/vulcan-energy-secures-2-6bn-153056666.html
- https://techcrunch.com/2025/10/08/base-power-raises-1b-to-deploy-home-batteries-everywhere/
- https://www.globenewswire.com/news-release/2025/04/29/3070292/0/en/Forge-Nano-Secures-40M-to-Scale-U-S-Battery-Manufacturing-and-Commercial-Semiconductor-Equipment-Businesses.html
- https://www.axios.com/pro/climate-deals/2025/12/04/zincfive-data-center-batteries
- https://verdane.com/verdane-closes-idun-ii-at-e700-million-hard-cap-to-back-companies-that-will-create-a-more-sustainable-future/
- https://xlbatteries.com/2025/09/18/xl-batteries-closes-7-5-million-in-seed-funding-from-merrin-investors-bringing-total-capital-to-28-million/
- https://www.sparkcharge.io/post/sparkcharge-raises-30-5-million-in-capital-to-accelerate-mobile-ev-charging-expansion
- https://www.amber.com.au/blog/amber-raises-45m-to-accelerate-global-expansion-of-smart-energy-tech
- https://lyten.com/2025/07/28/lyten-secures-more-than-200-million-in-investment-to-support-its-ongoing-acquisition-strategy/
- https://www.theinformation.com/articles/electric-350-million-strategic-shift-trump-backs-iron-based-battery-startup
- https://www.prnewswire.com/news-releases/terawatt-technology-completes-the-1st-close-of-series-c-funding-round-302504081.html
- https://www.redwoodmaterials.com/news/redwood-announces-350-million-series-e-funding/
- https://www.electrabmc.com/news-releases/news/electra-completes-financing-and-debt-restructuring-fully-funding-north-americas-first-cobalt-sulfate-refinery
- https://www.prnewswire.com/news-releases/nanoramic-secures-54-million-in-series-1-financing-to-accelerate-global-commercialization-of-neocarbonix-302617270.html
- https://www.investing.com/news/company-news/eos-energy-secures-1-billion-in-financing-to-expand-us-battery-production-93CH-4376050
- https://www.axios.com/pro/climate-deals/2025/11/17/kobold-200-million-minerals
- https://group14.technology/resources/press-releases/group14-closes-us463m-series-d-funding-round-and-acquires-100-ownership-of-bam-factory-in-south-korea-from-sk-inc/
- https://www.peregrineenergysolutions.com/press-release/peregrine-energy-solutions-secures-funding-to-support-317m-bess-project-currently-under-construction
- https://www.sightlineclimate.com/
Text on page 58
Select Equity Finance Transactions in 2025 Equity finance transactions, including venture funding, typically went to companies mainly focusing on utility-scale or large-scale energy storage batteries and accelerating critical minerals. In 2025, there were also new trade agreements with Asian players and government investments, such as US & Japan government’s investment in Mitra Chem and South Korea government’s investment in Peregrine Energy.
$2.6BN
Financing Package
$1.3BN Series B & C
$1BN
Financing Package
$700MM Series C & D
$447MM
$463MM Series D
Financing Package + South Korea Deal
$54MM Series 1 Equity
German lithium project with geothermal
Deploying home battery systems
American-made Zinc-based LDES
Critical minerals exploration
Advanced silicon battery materials
$350MM Series E
$350MM US / Japan Deal
$200MM Equity
(Undisclosed) Series C
$82MM Equity + Debt
U.S. utility-scale battery storage
Clean energy storage and critical minerals
US-based LFP production
For Northvolt asset acquisitions & expansion
Manufacturing lithium ion batteries at scale
North America’s first cobalt sulfate refinery
Advanced battery material
$45MM Series D
$40MM Equity
$30.5MM Series A-1
$30MM Series F
$20MM Series A & Debt
$7.5MM Seed II
Battery automation product
US-made batteries and ALD platform
Source: Sightline Climate (Distinguished Parter), CapIQ, Pitchbook
North American EV infrastructure
Nickel-zinc batteries for data centers
Remanufacturing second life batteries
Organic, LDES flow batteries
Extracted from the PDF; charts and images may read imperfectly.