Aquion Energy is a pioneering company that is revolutionizing the cost dynamics of power generation, transmission, and distribution with its innovative energy storage solutions. The company, founded in 2007, has developed a range of cost-effective energy storage systems using nontoxic components such as saltwater. Its exclusive Aqueous Hybrid Ion (AHI™) battery, based on research by Carnegie Mellon University Professor Jay Whitacre, effectively addresses the limitations of conventional energy storage technologies. These AHI systems play a crucial role in enhancing the electrical grid with flexible, emissions-free capacity, thereby optimizing existing generation assets and facilitating the widespread adoption of renewable energy technologies in the Energy, Manufacturing, Renewable Energy, and Energy Storage sectors.
The company's most recent Series F investment round, led by ClearSky at 17 November 2016, has strengthened its position in the energy storage market. This investment is a testament to the confidence that ClearSky has in Aquion Energy's innovative solutions and their potential to transform the energy industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series F | Unknown | 1 |
|
17 Nov 2016 |
| Venture Round | $33.00M | - | 27 Apr 2016 | |
| Series E | $36.80M | 9 |
|
29 Sep 2014 |
| Debt Financing | $20.00M | 2 |
|
12 May 2014 |
| Series D | $20.00M | 9 |
|
08 Jan 2014 |
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