EnerVault Secures $15,500,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=95415b20-fb9d-4667-a6c5-e31600bf4e41&Preview=1 -
Date
2/23/2012 -
Company Name
EnerVault -
Mailing Address
1244 Reamwood Ave Sunnyvale, CA 94087 -
Company Description
The company provides energy storage solutions. -
Website
http://www.enervault.com -
Transaction Type
Venture Equity -
Transaction Amount
$15,500,000 -
Transaction Round
Series B -
Proceeds Purposes
The latest round of funding augments grant awards from the DOE ARRA Storage Demonstration program to establish pilot manufacturing capability and enable the completion of EnerVault’s first installation. -
M&A Terms
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Venture Investor
Oceanshore Ventures -
Venture Investor
3M Corporation -
Venture Investor
Mitsui & Co. -
Venture Investor
TEL Venture Capital -
Venture Investor
Undisclosed
