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    Home > Chemicals Industry > International Chemical > In 2018, global smart grid companies received a total of US$530 million in venture capital

    In 2018, global smart grid companies received a total of US$530 million in venture capital

    • Last Update: 2023-01-01
    • Source: Internet
    • Author: User
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    Mercom Capital said that in 2018, global smart grid companies once again received venture capital funding, receiving 530 million US dollars in venture capital for the whole year, an increase of 26% year-on-year, involving 29 transactions
    .

    Although the number of transactions in 2018 is significantly lower than the 45 in 2017, the scale of financing is significantly higher
    than the previous year's $422 million.
    In addition, total corporate financing, including debt and public market financing, reached $1.
    8 billion in 33 transactions for the year, up 50%
    from $1.
    2 billion in 50 transactions in 2017.

    According to statistics, the five smart grid companies that received the most venture capital funding in 2018 were ChargePoint raising $240 million, Smart Weres raising $55 million, Volta Charging raising $35 million, AutoGrid raising $32 million, and raising $31 million
    .

    By 2018, 69 investors were funding smart grid companies, compared to 88 in 2017
    .
    Top VCs in 2018 include: Energy Impact Partners, E.
    ON, Orstead, Shell Ventures, and WindSail Capital Group
    .

    Plug-in hybrid electric vehicles (PHEVs), vehicle-to-grid (V2G) companies' smart charging received the largest share of venture capital funding in 2018, with a total of nine deals worth $348 million, followed by grid upgrading companies with a total of two deals with an investment of $59 million
    .

    In 2018, four debt and public market financing transactions were disclosed globally, reaching US$1.
    3 billion, compared to five transactions of US$774 million in 2017, an increase of 67%.

    In 2018, none of the smart grid companies announced IPOs
    .

    In 2018, the Smart Grid segment recorded a total of 12 undisclosed M&A transactions
    .
    In 2017, there were 27 transactions (7 disclosures) valued at $2.
    5 billion
    .

    Mercom Capital said that in 2018, global smart grid companies once again received venture capital funding, receiving 530 million US dollars in venture capital for the whole year, an increase of 26% year-on-year, involving 29 transactions
    .

    Smart grid

    Although the number of transactions in 2018 is significantly lower than the 45 in 2017, the scale of financing is significantly higher
    than the previous year's $422 million.
    In addition, total corporate financing, including debt and public market financing, reached $1.
    8 billion in 33 transactions for the year, up 50%
    from $1.
    2 billion in 50 transactions in 2017.

    According to statistics, the five smart grid companies that received the most venture capital funding in 2018 were ChargePoint raising $240 million, Smart Weres raising $55 million, Volta Charging raising $35 million, AutoGrid raising $32 million, and raising $31 million
    .

    By 2018, 69 investors were funding smart grid companies, compared to 88 in 2017
    .
    Top VCs in 2018 include: Energy Impact Partners, E.
    ON, Orstead, Shell Ventures, and WindSail Capital Group
    .

    Plug-in hybrid electric vehicles (PHEVs), vehicle-to-grid (V2G) companies' smart charging received the largest share of venture capital funding in 2018, with a total of nine deals worth $348 million, followed by grid upgrading companies with a total of two deals with an investment of $59 million
    .

    In 2018, four debt and public market financing transactions were disclosed globally, reaching US$1.
    3 billion, compared to five transactions of US$774 million in 2017, an increase of 67%.

    In 2018, none of the smart grid companies announced IPOs
    .

    In 2018, the Smart Grid segment recorded a total of 12 undisclosed M&A transactions
    .
    In 2017, there were 27 transactions (7 disclosures) valued at $2.
    5 billion
    .

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