VFBATTERY REPORT

Finance

Pages 40–56 (17 pages)

Battery Report 2024, page 45: Finance
Text on page 45

2024 Energy Storage Investments ENERGY STORAGE INVESTMENTS BY SECTOR

ENERGY STORAGE INVESTMENTS BY STAGE

Energy storage investments rebounded strongly in 2024, up 184% YoY, This resurgence was driven by growing need for grid hardening and generous state capacity programs incentivizing installation.

Venture capital funding in energy storage also saw a shift toward later-stage investments, with Series C and growth-stage deals increasing, while early-stage deal sizes remained relatively stable. Investors appear to be prioritizing companies with clear commercial pathways.

Content & analysis provided courtesy of Sightline Climate Distinguished Partner). For more information, visit https://www.sightlineclimate.com/

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

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