Shell Technology Ventures-backed energy storage platform Geli has raised $5.5m of an $8m round, taking its total funding to $19.5m.
Geli, a US-based energy storage management software provider that counts oil and gas producer Shell as an investor, has received $5.5m in funding, co-founder Ryan Wartena told Greentech Media.
Founded in 2010 and also known as Growing Energy Labs, Geli has built an end-to-end software platform that oversees the design, deployment and ongoing management of energy storage systems.
The company is targeting a final close of $8m for the round, according to Wartena, though he did not reveal any of…
