Corporate Funding in Energy Storage Up Significantly with $12.9 Billion in Q1 2022

Smart Grid companies raise $316 million; Energy Efficiency companies raise $109 million

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In Q1 2022, $1.6 billion was raised in VC funding by Battery Storage, Smart Grid, and Energy Efficiency companies, a 21% increase compared to the $1.3 billion raised in Q1 2021.

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