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>> FIRST ROUND CAPITAL Latest News

FEB 04, 2014 - Greentech

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Primus Power Adds $20M in VC to Move Energy Storage to Utility Scale

Energy storage startup and flow battery developer, Primus Power, just announced the first close of a $20 million Round C led by South Africa’s Anglo American Platinum along with existing investors. Previous investors include DBL Investors, I2BF Global Ventures, Chrysalix Energy Venture Capital, and KPCB. Founded in 2009, Primus has logged $35 million in total venture capital along with significant funding over the years from DOE, ARPA-E, and the CEC. Primus builds flow batteries, an energy storage technology that re-circulates an electrolyte through electrochemical cells. Flow ... Read More

Tags: Primus Power Adds $20M in VC to Move Energy Storage to Utility Scale,  First Round Capital Latest News