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.
$300M
Deal Value
Long-Duration Energy Storage (Nickel-Hydrogen)
Technology
CA
Location
Deal Details
- Deal Type
- Series B Extension
- 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
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