Funding and M&A Roundup: SunRoof Raises $30.8 Million to Fund Expansion Plans

Noon Energy, a developer of carbon-oxygen batteries, raised $28 million in Series A financing to help commercialize its ultra-low-cost, high-energy density carbon-oxygen battery technology for long-duration energy storage. Bengaluru-headquartered advanced battery and fuel cell technology company Log9 Materials has raised $40 million as part of its Series B funding led by Amara Raja Batteries and Petronas Ventures. Log9 is also backed by CBC Japan, Grip Invest Advisors, Cornerstone Venture Partners, LO Funds, and Oxy Capital. Slovakia-based FUERGY, a highly-scalable energy storage solution and AI-powered software platform for smart energy management systems, secured €16 million (~$17.38 million) in a funding round from Pro Partners Holding investment group, which will turn the smart battery storage brAIn by FUERGY into a new green investment product and make it more affordable for a wider group of customers. Click here For reports and trackers on funding and M&A transactions in solar, energy storage, smart grid, and efficiency sectors.