Stem Raises $12M

stem energy manageStem, a US provider of energy storage, raised $12 million in the first tranche of a Series C funding round led by Mitsui.

Stem and Mitsui plan to collaborate on Stem’s entry into new markets by leveraging Mitsui’s customer base and sales and marketing resources. Through this investment, Mitsui will gain hands-on experience in the intelligent energy storage space.

Mitsui envisions that Stem’s business model will expand throughout the US and into international markets, delivering bill reduction and aggregated grid services for the energy future.

Five Steps to HazCom Compliance
Sponsored By: VelocityEHS

  
Staying Ahead of the Curve: Strategies for Managing Emerging Regulations (NAEM)
Sponsored By: VelocityEHS

  
OSHA ITA Cheat Sheet
Sponsored By: VelocityEHS

  
Practical Guide to Transforming Energy Data into Better Buildings
Sponsored By: Lucid

  

Leave a Comment

User Name :
Password :
 
If you've no account register here first time
User Name :
User Email :
Password :

Login Now
Translate »