Revterra Raises $6M In Series A, Global Investors Support Development Of Grid-Stabilizing Kinetic Battery
Amount Raised
$6 Million
Round Type
Series A
HoustonOtherSustainabilityDescription
Revterra Corporation, a Houston-based technology company developing a grid-stabilizing kinetic battery, today announced a $6M Series A financing led by Equinor Ventures and joined by SCF Ventures. The capital raised will fund product development, hiring, and the commercialization of Revterra's S100 kinetic battery to accelerate the rapid electrification of transportation and enable increased renewable energy deployment without destabilizing the electric grid.
Quick answer
Revterra raised $6 Million in a Series A round, dated July 19, 2022. Revterra is based in Houston, Texas, United States.
- How much did Revterra raise?
- Revterra raised $6 Million in a Series A round on July 19, 2022.
- What does Revterra do?
- Revterra's kinetic flywheel battery enables quick, cost-effective and simple installation of high-powered DC fast EV chargers.
- Where is Revterra based and how big is it?
- Revterra is based in Houston, Texas, United States.
Source: Fundz verified event record.
Who else raised in Sustainability around the same time
Companies in the same sectors as Revterra that raised within 45 days of this round, from Fundz verified event records.
- CNG 2022 NOBLE raised $250K on September 2, 2022.
- Sage Green raised $2.8M (Seed) on September 1, 2022.
- Yotta Energy raised $1.2M (Seed) on August 30, 2022.
- Energy Wall, LLC raised $700K (Seed) on August 24, 2022.
- Bio Daf USA raised $1.5M (Seed) on August 18, 2022.
- Arc raised $20M (Series A) on August 17, 2022.
Who to call at Revterra, and when
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- An alert the day Revterra raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Revterra, from your own LinkedIn network
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Funding Insights
What this usually meansRevterra 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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