A US$12 million Series B2 has been raised by California-based battery analytics firm Peaxy, which specialises in “first mile data challenges”, a spokesperson told Energy-Storage.news.
Energy-Storage.news speaks with Jason Rioux, chief development officer at NRStor, a company at the forefront of Canada’s storage sector for over a decade.
A seven-year observation of a vanadium flow battery in California from Sumitomo Electric has been completed, while US lab PNNL has found an alternative, food-based electrolyte which it said boosted capacity and longevity.
New company Allye Energy has raised £900k (US$1.1 million) to scale up production of its mobile battery energy storage system (BESS) using second life EV batteries.