Tech Company Financing Transactions
Element Energy Funding Round
Element Energy closed a $28 million Series B venture capital round on 12/15/2022. Investors included Cohort Ventures, Edison International and LG Technology Venture.
Transaction Overview
Company Name
Announced On
12/15/2022
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue investment in assets, logistics and infrastructure related to upcoming utility-scale deployments of second-life EV batteries.
Company Information
Company Status
Acquired or Merged
Industry
Energy & Battery
Mailing Address
5150 El Camino Real B-30
Los Altos, CA 94022
USA
Los Altos, CA 94022
USA
Phone
Undisclosed
Website
Email Address
Overview
Element Energy develops leading-edge technology for the management of multi-cell battery systems. Our initial product is a cost effective hardware/software system that manages large lithium battery packs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dan Lankford
Chief Financial Officer
Sandy Abbott
Chief Technical Officer
Eric Macris
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