Funding and M&A, 2016 Third Quarter Report - Smart Grid, Battery/Storage, Energy Efficiency

Smart Grid - The Smart Grid sector raised just over $11 million in seven deals in the third quarter of 2016, the lowest amount in VC funding for a quarter since Mercom began tracking funding activity. In Q2 2016, $222 million went into 15 deals. Advanced Meter Infrastructure Technology Received $1.8 Billion in Q3 2016.

Battery Storage - VC funding for Battery Storage in Q3 2016 declined with $30 million in nine deals compared to $125 million in 10 deals in Q2 2016.

Energy Efficiency - VC funding for Energy Efficiency technology companies fell again this quarter with $61 million in five deals compared to $86 million raised in nine deals in Q2 2016. Source – MERCOM

Source : MERCOM

SMART GRID Bulletin March 2017


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