The venture capital (VC) arm of Caterpillar has invested in ElevenEs, a startup building a gigawatt-hour-scale lithium iron phosphate (LFP) cell factory in Europe.

UBS Asset Management has selected data analytics software company ACCURE to optimise a portfolio of battery storage assets in Texas, US.

This edition of news in brief focuses on energy storage technologies that are emerging or on the path to commercialisation.

Form Energy, the US startup behind a battery technology that aims to cost-effectively provide 100-hour duration energy storage, has closed a Series F funding round.

RayGen, a startup developing long-duration energy storage (LDES) technology designed for pairing with renewable energy installations, has raised investment to kick off a Series D funding round.

The revenue advantage of 2-hour battery energy storage systems (BESS) in Germany versus 1-hour systems is nearly three times higher than it was two years ago, optimisation firm Entrix told Energy-Storage.news after its latest fundraising round.

Polarium, a Sweden-headquartered energy storage system manufacturer, has raised SEK562 million (US$48.3 million).

Energy Dome, the European startup with a long-duration energy storage system technology based on CO2, has closed its Series B funding round.

Infradebt has made the first close of a fund dedicated to investing in large-scale battery storage projects around Australia.

Noon Energy, developer of a novel carbon-oxygen battery for long-duration storage, has raised US$28 million in a Series A funding round.