Eclipse Ventures: Led Redwood Materials' $350M Series E at $6B valuation in October 2025. 8 billion across 56 deals in the first nine months of 2025. The sector attracted serious money because the Inflation Reduction Act made standalone storage projects viable with investment tax credits. Battery tech is. . Today, we announced the final closing of our Series E financing, bringing the total raise to $425 million. This final close includes continued participation from existing investors, Capricorn and Goldman Sachs Alternatives, and welcomes Google as a new investor. Driven by strong demand, the. . Battery Energy Storage Systems (BESS) are highly versatile, supporting utility-scale grid operations and behind-the-meter commercial and industrial applications.
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