funding

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candi solar Secures $38 Million to Accelerate Portfolio Expansion

candi solar, a solar solutions provider for commercial and industrial (C&I) consumers, has secured $38 million in equity investment in its Series C funding round led...

June 11, 2024

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Arjun Joshi

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Finance and M&A

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Solar
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EV Firm Euler Secures ₹2 Billion in Series C Funding Round

Electric vehicle (EV) company Euler Motors has closed its Series C funding round, securing ₹2 billion (~$23.9 million) and taking the total funding raised so far to ₹5.7...

May 30, 2024

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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Maxvolt Energy Secures $1.5 Million for Li-ion EV Battery Manufacturing

Maxvolt Energy, a manufacturer of lithium battery packs, has raised $1.5 million from angel investors to introduce fast-charging lithium-ion batteries and build...

May 28, 2024

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Arshreet Singh

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Energy Storage

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Finance and M&A
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Carbon Nanotube Maker NoPo Raises $3M to Boost Production and Market Reach

Bengaluru-based technology startup NoPo Nanotechnologies raised $3 million in a pre-Series A funding round by Axilor’s Micelio Fund and Inflexor Ventures. The...

May 23, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Soleos Solar Energy Secures $6.5 Million to Accelerate Expansion

Engineering, procurement, and construction firm Soleos Solar Energy has raised ₹485 million (~$6.5 million) in equity funding to drive expansion in India and abroad. The...

May 22, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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Funding and M&A Roundup: Origis Energy Secures $300 Million Funding from KKR

From: Mercom Capital Group Origis Energy, a vertically integrated renewable energy platform and a solar project developer, secured a $300 million corporate credit...

May 22, 2024

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Staff

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Uncategorized
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Project Finance Brief: Catalyze Secures $100 Million for Community Solar Projects

From: Mercom Capital Group Catalyze, a solar and energy storage project developer, secured $100 million in financing from NY Green Bank, a division of the New York State...

May 22, 2024

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Staff

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Finance and M&A

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Solar
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Mahindra & Mahindra Commits ₹120 Billion to EV Expansion by FY 2027

Automobile manufacturer Mahindra & Mahindra plans to invest ₹120 billion (~$1.43 billion) in its electric vehicle (EV) unit, Mahindra Electric Automobile (MEAL),...

May 17, 2024

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Arjun Joshi

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Electric Vehicles

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Finance and M&A
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Funding and M&A Roundup: Pine Gate Renewables Secures $650 Million

From: Mercom Capital Group Pine Gate Renewables, a solar project developer, secured a $650 million investment from Generate Capital, the Healthcare of Ontario Pension...

May 2, 2024

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Staff

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Finance and M&A

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Other
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EV Logistics Firm BluWheelz Raises $1 Million in Bridge Funding

BluWheelz, a tech-enabled logistics firm with an electric vehicle (EV) fleet, received $1 million in a bridge funding round led by Venture Catalysts, an integrated...

April 22, 2024

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Staff

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Electric Vehicles
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Funding and M&A Roundup: Nexamp Secures $520 Million

From: Mercom Capital Group Nexamp, a developer of solar and storage projects, secured $520 million in a funding round led by Manulife Investment Management, alongside...

April 17, 2024

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Staff

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Finance and M&A

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Other
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AutoNxt Secures Pre-Series A Funding to Finance Electric Tractor Launch

AutoNxt Automation, a Maharashtra-based e-mobility tech startup, has raised funds in a Pre-Series A funding round to finance the launch of its first electric tractor...

April 11, 2024

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Mercom Staff

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Electric Vehicles

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Finance and M&A
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Funding and M&A Roundup: Torus Raises $67 Million to Advance Energy Storage Solutions

From: Mercom Capital Group Torus, a Utah-based energy storage solutions provider, has secured $67 million in new equity, conversion of outstanding notes, and a loan...

April 10, 2024

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Invenergy Secures $900 Million Green Loan

From: Mercom Capital Group Invenergy, a developer of renewable energy projects, secured a $900 million Green Letter of Credit facility to support the development of...

April 3, 2024

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: Enapi Raises $2.7 Million in Pre–Seed Funding

From: Mercom Capital Group Enapi, a provider of EV charging solutions, announced the closing of its €2.5 million (~$2.7 million) pre-seed funding round provided by...

March 27, 2024

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Staff

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Finance and M&A

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Other

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