For this quarter’s funding analysis, let’s examine how average funding in the energy technology sector is evolving. The graphic below shows the energy technology average funding across all deals over time by quarter.
As the graphic demonstrates, energy technology average funding deal size in Q1 2019 was at $52M, which decreased by 27% from the $72M last quarter. The average funding deal size has been holding steady, with the average funding last quarter about 74% of the average funding 5 years ago. The top three funding events in Q1 2019 include a $350M round into ReNew Power, a $100M round into Kinestral Technologies, and a $68M round into Carbon Engineering.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.