💰The Funding Letter #1290: November 15

Element Energy, Blockchain.com, Defacto, and more...

November 15, 2023


Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Enable below!

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Source: @overheard_sales

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🌎 Americas

Element Energy has developed a battery management system that utilizes proprietary hardware and software algorithms to improve the safety, intelligence, and economics of large-format battery systems. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $73M, Series B + $38M, Debt Financing

Round Investors: Keyframe Capital Partners (lead), FM Capital, LG Technology Ventures

🚀Growth Focus: Expand investment and implementation of its technology across target markets and applications.

HQ: Menlo Park, CA

Industry: Renewable Energy

Employee Count: 65 (⚡16% increase in last 6 months)

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