VFBATTERY REPORT

Chemistry: Non-Lithium Chemistries

Pages 277–299 (23 pages)

Battery Report 2024, page 289: Chemistry: Non-Lithium Chemistries
Text on page 289

$1 Billion Has Been Invested Into Metal Air/Flow Batteries In 2024 Led by government funding signaling a growth in the energy storage market and the need for safer, longer duration options COMPANY NAME

FUNDING AMOUNT $M

FUNDING SOURCE LEAD INVESTOR

INVESTMENT TYPE

Allegro Energy

The Grantham Foundation

Series A

CleanTech Strategies LLC

US Department of Energy

Project Grant

CMBlu Energy

Greece Ministry of Environment and Energy

Manufacturing Grant

e-Zinc

Evok Innovations

Series A2

ESS, Inc

EXIM MMIA, Queensland Govʼt and Private

Manufacturing Grants

Form Energy

US Department of Energy, T Rowe Price

Project Grant, Series F

Invinity Energy Systems

US Department of Energy

Project Grant

NextEra Energy Resources Development

US Department of Energy

Project Grant

Noon Energy

California Energy Commission

Project Grant

Redflow

California Energy Commission, US Department of Energy

Project Grants

Redox One

Tharisa

Series A

RedoxBlox

Khosla Ventures, California Energy Commission, Prelude Ventures

Project Grants, Series A

Stryten Energy

US Department of Energy

Manufacturing Grant

VRB Energy

Shaxi Red Sun Co. Ltd.

Strategic Investment

Extracted from the PDF; charts and images may read imperfectly.

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