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Highview Power Closes Growth Capital Funding Round with $70 Million
February 9, 2021 GMT
LONDON & WASHINGTON--(BUSINESS WIRE)--Feb 9, 2021--
Highview Power, a global leader in long duration energy storage solutions, is pleased to announce that it has closed its Growth Capital round of funding with over $70 million, bringing the total amount of funding and grants the company has secured to date to over $145 million. The Growth Capital round includes the previously announced $46 million investment from Sumitomo Heavy Industries (SHI) and additional investments from strategic investors Janus Continental Group (JCG) and TSK, along with a $5.5 million contribution from the original and founding investors.