Fluence
Fluence Raises $232M in Series Unknown
Quick Facts
Fluence Raises $232M in Series Unknown
Fluence has successfully raised $232M in a Series Unknown at a $3B valuation led by AES Corporation, Siemens, QIA.
Company Overview
Fluence is a Energy Storage company headquartered in 4601 Fairfax Drive, Arlington, VA 22203, founded in 2018 with 500+ employees.
Energy storage technology and services
Fundraising Details
- Amount Raised: $232M
- Round Type: Series Unknown
- Valuation: $3B
- Date: 2024-08-14
- Investors: AES Corporation, Siemens, QIA
About Fluence
Energy storage technology and services The company is positioned in the Energy Storage sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 4601 Fairfax Drive, Arlington, VA 22203
- Founded: 2018
- Team Size: 500+
- Industry: Energy Storage
What This Means
This funding round demonstrates strong investor confidence in Fluence's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Energy Storage sector continues to attract significant investment as companies innovate to meet evolving market demands. Fluence's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $3B valuation marks an important milestone for Fluence, positioning the company among notable players in the Energy Storage industry.
Looking Ahead
With this new capital, Fluence is well-positioned to execute on its growth strategy and continue building innovative solutions in the Energy Storage space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-08-14. For more information about Fluence, visit their headquarters at 4601 Fairfax Drive, Arlington, VA 22203.
About the Author
Related Company Reports
Anthropic Raises $2B in Series D
Anthropic, a AI/ML company based in San Francisco, CA, has raised $2B in Series D at a $18B valuation led by Menlo Ventures, Spark Capital, Google.
xAI Raises $6B in Series C
xAI, a AI/ML company based in San Francisco, CA, has raised $6B in Series C at a $40B valuation led by Sequoia Capital, a16z, Valor Equity.
Adept AI Raises $350M in Series B
Adept AI, a AI/ML company based in San Francisco, CA, has raised $350M in Series B at a $1B valuation led by General Catalyst, Spark Capital, Addition.