Equilibrium Energy raised $39M in a Series B funding round led by DCVC to accelerate its market entry into California and enhance its battery management technology.
Equilibrium Energy raised $39M in a Series B funding round led by DCVC to accelerate its market entry into California and enhance its battery management technology.
10/15/24, 4:05 PM
Location
san franciscoMoney raised
$39 million
Industry
commercial
Round Type
series b
Investors
Valo Ventures, Breakthrough Energy Ventures, Dcvc
Equilibrium Energy has closed a $39M Series B venture funding led by DCVC and supported by Breakthrough Energy Ventures and Valo Ventures. The funds will help the company expand its battery tolling portfolio and strengthen its market-leading performance in clean energy.
Company Info
Location
san francisco, california, united states
Additional Info
Equilibrium Energy is a technology company building a next-generation clean power company. Its mission is to accelerate society’s transition to climate and energy equilibriums. Founded in 2021, Equilibrium operates at the intersection of cutting-edge AI, power systems fundamentals, modern software, novel commercial structuring, and dynamic risk management across the power value chain. Equilibrium is being built by experts with decades of experience in energy, science, and software. Equilibrium thrives on supporting its partners’ efforts to tackle climate change.