New battery technologies getting venture investors charged up
September 12, 2017
For the past two decades, venture investors have embraced clean energy technologies. Now, with the search for better battery technologies, these same investors are turning to battery businesses. According to data from cleantech investment and advisory services firm Mercom Capital, battery companies have raised $480 million in the first half of 2017. the major portion of that capital was raised by Texas-based Microvast Power Systems (MPS), a subsidiary of HUZHOU, China-based Microvast.