EnerVault Secures $15,500,000 Series B Financing

  • Feed Type
  • 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
  • Venture Investor
    Oceanshore Ventures
  • Venture Investor
    3M Corporation
  • Venture Investor
    Mitsui & Co.
  • Venture Investor
    TEL Venture Capital
  • Venture Investor
    Undisclosed