Overview
Enervenue, a California-based startup, has raised $300 million in its Series B funding round led by Full Vision Capital. This investment will enhance production of its non-lithium metal-hydrogen storage systems and support research on new cell technology. Enervenue aims to provide safer, longer-lasting alternatives to lithium batteries for energy storage, particularly in renewable energy and AI data centers. The company plans to expand its factory in Changzhou, China, and grow its business across Asia, the Middle East, and Europe.
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$300M
Investors: Full Vision Capital
Enervenue, a California-based startup, has raised $300 million in its Series B funding round led by Full Vision Capital. This investment will enhance production of its non-lithium metal-hydrogen storage systems and support research on new cell technology. Enervenue aims to provide safer, longer-lasting alternatives to lithium batteries for energy storage, particularly in renewable energy and AI data centers. The company plans to expand its factory in Changzhou, China, and grow its business across Asia, the Middle East, and Europe.