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Morgan Stanley Investment Management’s 1GT leads $60 million Series E in Corvus Energy to expand its product portfolio and global presence.

PRIVATEOct 09, 20257 months ago

Amount Raised

$60 Million

Round Type

series e

BergenManufacturingEnergyOil And GasRenewable Energy

Investors

J. LauritzenJust Climate1 GtMorgan Stanley Investment Management

Description

Morgan Stanley Investment Management announced that 1GT led a $60 million Series E funding round for Corvus Energy, a leading provider of low-carbon Energy Storage Systems. The investment aims to accelerate Corvus Energy’s expansion in maritime energy storage solutions. The consortium includes Just Climate and J. Lauritzen, bringing expertise and strategic partnerships

Company Information

Company

Corvus Energy

Location

Bergen, Vestland, Norway

About

Corvus Energy is the leading provider of large-scale energy storage systems (ESS) powered by advanced lithium-ion battery technology. Designed for demanding maritime and transportation applications, Corvus systems are known for their safety, reliability, and cost efficiency. As the preferred battery supplier for hybrid and electric vessels—from ferries and cruise ships to offshore supply vessels and tugboats—Corvus Energy holds Type Approvals from DNV, Lloyd’s Register, ABS, and BV. Beyond marine use, its solutions power hybrid cranes, light rail vehicles, and commercial fleets worldwide. By reducing fuel consumption and emissions, Corvus Energy is driving the global transition toward cleaner, more sustainable energy.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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