EnerVenue $300M Series B — nickel-hydrogen long-duration energy storage manufacturing scale-up

EnerVenue raises $300M Series B+ preferred stock extension to scale manufacturing of its NASA-derived nickel-hydrogen batteries, which offer a 30,000-cycle lifespan vs. 3,000-6,000 cycles for lithium-ion. Lead investor: Full Vision Capital (Hong Kong family office). Manufacturing operations in Changzhou, China. US HQ in Silicon Valley. New CEO Henning Rath (formerly of Enpal) appointed simultaneously. Technology targets utility-scale and industrial LDES applications. Source: trade publication (Energy-Storage.News / ESG Today); no primary wire press release found.

Deal Details

Deal Type

Strategic & Growth Capital

Seller / Sponsor

EnerVenue Holdings, Ltd.

Buyer / Financier

Full Vision Capital (lead, family office of Peter Lee Ka-kit)

Deal Value

$300M

Stage

Growth

Source

Energy-Storage.News