Thursday, October 8, 2015

Energy Storage Systems Gets $3.2M For Battery Technology

Portland-based Energy Storage Systems has raised $3.2M in a Series A funding round, for the company's battery storage technology, the company said Wednesday. The funding said the funding came from Pangaea, Element 8, and angels. Energy Storage Systems develops an iron-based battery system, which it says is focused on long duration energy storage. The startup is led by Craig Evans.