Element Energy: Element Energy Closes $111M in Funding

Element Energy, a Menlo Park, CA-based battery management technology company, raised $111M in funding. The round comprised a $73M Series B equity investment led by Cohort Ventures with participation from Mitsubishi Heavy Industries, Ltd. (MHI), Drive Catalyst, FM Capital, AFW Partners, LG Technology Ventures, Edison International (NYSE: EIX), Prelude Ventures, and Radar Partners, and a $38M debt facility provided by Keyframe Capital Partners, [...]The post Element Energy Closes $111M in Funding appeared first on FinSMEs.