Cohort Ventures

Biotech firms secure multiple nine-figure funding rounds this week. Divergent Technologies also raises significant capital, contributing to a strong week of venture funding despite the holiday season.

Nov 2023Crunchbase NewsNews article

Element Energy secures **US$111 million** in equity and debt funding to advance its **proprietary battery management system (BMS)**, designed for both **first-life** (new battery applications) and **second-life** (repurposed battery systems). The platform targets energy storage and grid stabilization markets by extending battery lifespan and improving performance. The funding supports scaling production and commercial deployment of its technology.

Nov 2023Energy-Storage.NewsNews article

Element Energy secures **$2.5GWh in second-life EV battery modules** to expand its energy storage solutions. The funding supports development of its **custom battery management systems (BMS)** and repurposed battery products. The company targets scalable deployment of second-life batteries for grid and industrial applications.

Dec 2022Energy-Storage.NewsNews article

Element Energy, a Menlo Park-based developer of advanced battery management technology, raises $28 million in Series B funding. The company specializes in optimizing battery performance and longevity for energy storage systems. This capital supports further growth and expansion of its proprietary battery management solutions.

Dec 2022PR NewswireNews article