Peak Energy has raised $108 million in a Series B financing round led by General Motors Ventures to scale its energy infrastructure and expand manufacturing capabilities.
PRIVATEOct 21, 2026
Amount Raised
$108 Million
Round Type
Series B
DenverEnergyRenewable EnergySolar
Investors
LG Technology VenturesXora InnovationEclipseInfinite CapitalMaverick SiliconGeneral Motors Ventures
Description
Peak Energy announced the closing of its oversubscribed Series B financing round, raising $108 million to enhance domestic manufacturing and fulfill over $1 billion in existing customer orders. The financing was led by General Motors Ventures and included participation from multiple investors. This capital will facilitate the launch of its sodium-ion platform into the data center power market where power access is critical for growth. The company is positioned as a leader in the sustainable energy storage sector.
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Company Information
Company
Peak Energy
Location
Denver, Colorado, United States
About
Founded in 2023, Peak Energy is a U.S.-based company developing low-cost, giga-scale energy storage technology to accelerate the renewable energy transition. Founded by industry veterans from Tesla, Northvolt and ENOVIX, the company is on a mission to accelerate grid decarbonization while drastically lowering the cost of energy storage and establishing the U.S. as a global leader in the sodium-ion market. For more information, visit peakenergy.com.
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