The saltwater electrolyte battery producer, which counts Shell, Total and Exelon as backers, has now raised about $190m in debt and equity since it was founded.
Aquion Energy, a US-based energy storage technology producer backed by corporates Shell, Exelon and Total, has raised $33m in new funding, according to a regulatory filing on Tuesday.
The participants in the latest round, which increased Aquion’s overall debt and equity financing to about $190m, have not been disclosed, but CEO Scott Pearson told Greentech Media they included new and existing investors.
“The funds will support continued scaling of the business, the expansion of our product offerings and new customer…
