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Eos Energy Enterprises, Inc. Announces $13.75 Million Investment From Existing Investors

PUBLIC · EOSEJan 19, 2023

Amount Raised

$13.8 Million

Round Type

Venture

PittsburghEnergyRenewable EnergyEnergy ManagementEnergy StorageEnergy EfficiencyBiomass Energy

Description

Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-powered long-duration energy storage systems, today announced that several investors, including Clear Creek Investments, LLC, Ardsley Advisory Partners LP, and AltEnergy, LLC (together, the “Purchasers”), made a $13.75 million investment in convertible senior notes to support the Company’s strategic growth initiatives.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Eos Energy Enterprises that raised within 45 days of this round, from Fundz verified event records.

  • Twenty20 Energy raised an undisclosed amount (Private Equity) on March 3, 2023.
  • Fuergy raised $17M (Funding Round) on January 24, 2023.
  • Caban raised $51M (Series B) on January 4, 2023.
  • Bioreactor raised an undisclosed amount (Pre-Seed) on March 5, 2023.
  • Black Hills Corporation raised $350M (Debt Financing) on March 2, 2023.
  • NovoHydrogen raised an undisclosed amount (Seed) on February 7, 2023.

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Company Information

Company

Eos Energy Enterprises

Location

3920 PARK AVENUE

Pittsburgh, Pennsylvania, United States

About

Eos Energy Enterprises, Inc. is accelerating the shift to clean energy with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. Safe, scalable, efficient, sustainable—and manufactured in the U.S—it's the core of our innovative systems that today provide utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 3- to 12-hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey.

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Verified contactsJoe M., Chief Executive OfficerSee plans and pricing
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Eos Energy Enterprises raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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