Finance

Select Equity Finance Transactions in 2025 Equity finance transactions, including venture funding, typically went to companies mainly focusing on utility-scale or large-scale energy storage batteries and accelerating critical minerals. In 2025, there were also new trade agreements with Asian players and government investments, such as US & Japan governmentʼs investment in Mitra Chem and South Korea governmentʼs investment in Peregrine Energy.

$2.6BN

Financing Package

$1.3BN Series B & C

$1BN

Financing Package

$700MM Series C & D

$447MM

$463MM Series D

Financing Package + South Korea Deal

$54MM Series 1 Equity

German lithium project with geothermal

Deploying home battery systems

American-made Zinc-based LDES

Critical minerals exploration

Advanced silicon battery materials

$350MM Series E

$350MM US / Japan Deal

$200MM Equity

Undisclosed) Series C

$82MM Equity + Debt

U.S. utility-scale battery storage

Clean energy storage and critical minerals

US-based LFP production

For Northvolt asset acquisitions & expansion

Manufacturing lithium ion batteries at scale

North Americaʼs first cobalt sulfate refinery

Advanced battery material

$45MM Series D

$40MM Equity

$30.5MM Series A1

$30MM Series F

$20MM Series A & Debt

$7.5MM Seed II

Battery automation product

US-made batteries and ALD platform

Source: Sightline Climate Distinguished Parter), CapIQ, Pitchbook

North American EV infrastructure

Nickel-zinc batteries for data centers

Remanufacturing second life batteries

Organic, LDES flow batteries

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