Prudent Energy gets $29.5m from Asian investors
Prudent Energy, a US- and Beijing-based energy storage firm, has raised $29.5 million in an investment rounding led by Japan’s Mitsui & Co. and including Vangoo Investment Partners – which is an affiliate of Japan’s Ant Capital Partners - Asia Clean Energy Limited, Paris-based Idinvest Partners, and an undisclosed Korea-based investment group.
Existing investors Draper Fisher Jurvetson, DT Capital Partners, Northern Light Venture Capital and CEL Partners also participated in the financing. According to Prudent Energy, the funding follows the...
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