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Lunar Energy raises $232M to deploy home batteries that prop up the grid [TechCrunch]

Tesla, Inc. (TSLA)  More Company Research Source: TechCrunch
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The six-year-old company, which builds battery packs for homeowners in California, Georgia, and Washington, said Wednesday it has completed two large funding rounds. The startup shared it raised a previously unannounced $130 million Series C and a $102 million Series D. The Series C was led by Activate Capital, while the Series D was led by B Capital and Prelude Ventures. The startup plans to use the funds to scale manufacturing to 20,000 units by the end of this year before rampaging to 100,000 by the end of 2028. In total, Lunar has raised more than $500 million from investors. Stationary storage has become a bright spot for battery manufacturers that have been subject to policy whiplash after the Trump administration and GOP-controlled Congress gutted large parts of the Inflation Reduction Act , which had incentivized companies to build batteries in the U.S. to supply the automotive industry. As the grid strains under the weight of an increasingly electrified economy — along [Read more]
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Stockreport

Lunar Energy raises $232M to deploy home batteries that prop up the grid [TechCrunch]

Tesla, Inc.  (TSLA) 
More Company Research Source: TechCrunch
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The six-year-old company, which builds battery packs for homeowners in California, Georgia, and Washington, said Wednesday it has completed two large funding rounds. The startup shared it raised a previously unannounced $130 million Series C and a $102 million Series D. The Series C was led by Activate Capital, while the Series D was led by B Capital and Prelude Ventures. The startup plans to use the funds to scale manufacturing to 20,000 units by the end of this year before rampaging to 100,000 by the end of 2028. In total, Lunar has raised more than $500 million from investors. Stationary storage has become a bright spot for battery manufacturers that have been subject to policy whiplash after the Trump administration and GOP-controlled Congress gutted large parts of the Inflation Reduction Act , which had incentivized companies to build batteries in the U.S. to supply the automotive industry. As the grid strains under the weight of an increasingly electrified economy — along [Read more]
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