VC Funding in Smart Grid Technologies Jumped in Q1 2015
Venture Capital (VC) funding activity in the smart grid sector in 2015 quarter one more than doubled that of the last quarter of 2014 at US $185 million. Energy efficiency companies raised US $140 million and Battery/Storage raised US $69 million according to Mercom Capital Group. Smart grid merger and acquisitions came in high at US $196 million for disclosed transaction.