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Moment Energy raises $40M Series B to build the world's largest second-life battery factory, led by Evok Innovations. The funding aims to scale manufacturing and energy storage deployment across the US and Canada.
Amount Raised
$40 Million
Round Type
Series B
Investors
Description
Moment Energy, a North American leader in EV battery repurposing, announced a $40 million Series B funding round. This financing brings the total capital raised to over $100 million, accelerating their manufacturing footprint expansion. The funding will boost production capacity to meet rising demand from data centers, utilities, and industrial customers. Moment Energy aims to address power constraints by utilizing EV batteries already on the road.
Fundz sees it the moment Moment Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansMoment Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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