Tech Company Financing Transactions
Equilibrium Energy Funding Round
Equilibrium Energy, based in Boston, scored $33 million in funding from Breakthrough Energy Ventures, Global Founders Capital and NJP Ventures.
Transaction Overview
Company Name
Announced On
8/1/2023
Transaction Type
Venture Equity
Amount
$33,000,000
Round
Undisclosed
Proceeds Purpose
Equilibrium began operating the West Texas battery last month using its power volatility-centric technology platform, leveraging AI and power grid fundamentals that is tailor made to navigate the increasingly volatile power grid and markets.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
867 Boylston Street 5th Floor 1346
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Undisclosed
Website
Email Address
Overview
The Climate Generation is now. We will be defined by what we do, or don't do, to fight climate change.
Management Team
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