Volta Energy Technologies raises over $90M of a targeted $150M fund to back energy storage startups

Volta Energy Technologies raises over $90M of a targeted $150M fund to back energy storage startups

3 years ago
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https://techcrunch.com/2021/02/18/volta-energy-technologies-raises-over-90m-of-a-targeted-150m-fund-to-back-energy-storage-startups/

Volta Energy Technologies, the energy investment and advisory services firm backed by some of the biggest names in energy and energy storage materials, has closed on nearly $90 million of a targeted $150 million investment fund, according to people familiar with the group’s plans.

The venture investment vehicle compliments an $180 million existing commitment from Volta’s four corporate backers — Equinor, Albermarle, Epsilon, and Hanon Systems — and comes at a time when interest in energy storage technologies couldn’t be stronger.