Battery startup Eos Energy is raising another $30M


Startup Eos Energy, which has been building a low-cost grid battery using air and zinc, is ending out the year by going back into fundraising mode. According to a filing, the company is starting to raise another $30 million round, and has closed on $2.5 million of that.

Eos Energy, founded in 2008 using a tech breakthrough from founder and inventor Steven Amendola, has just started to get its pilot batteries into the hands of some utility customers. The company sent its first grid battery system to New York utility Con Edison, it’s testing products with DNV GL, and it says it has secured European energy giant GDF SUEZ as a customer. In conjunction with Con Edison, the partners are using a state grant to install batteries on the New York grid.

Eos Energy Aurora grid battery Eos Energy Aurora grid battery

Scientists have been working on using air as the cathode for…

View original post 260 more words


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s