LightSail Energy Secures Series D Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1a084904-a8dd-4a6a-b6d2-1adbc9f05987&Preview=1 -
Date
2/26/2013 -
Company Name
LightSail Energy -
Mailing Address
914 Heinz Avenue Berkeley, CA 94710 -
Company Description
LightSail Energy is developing energy storage systems that use compressed air as the storage medium. Energy storage is the key to modernizing the electrical grid world-wide. Energy storage allows intermittent renewable sources, such as solar and wind, to deliver energy on demand. It can level out demand, reducing the need for high-carbon-emitting peaker plants. -
Website
http://www.lightsailenergy.com -
Transaction Type
Venture Equity -
Transaction Amount
Undisclosed -
Transaction Round
Series D -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
