Peak Energy, a Denver, CO-based company developing giga-scale energy storage technology, raised $10M in funding.
The round was led by Eclipse, with participation from TDK Ventures.
The company intends to use the funds to accelerate product development, lay the groundwork for building out manufacturing in the U.S. and acquire strategic talent.
Founded in 2023 and led by CEO Landon Mossburg and President and Chief Commercial Officer Cameron Dales, Peak Energy is developing low-cost, giga-scale energy storage technology to accelerate grid decarbonization while lowering the cost of energy storage and establishing the U.S. as a global leader in the sodium-ion market.
Beginning in 2025, Peak Energy will start deploying its sodium-ion systems, while simultaneously building a domestic, giga-scale battery factory with plans to open in 2026.
FinSMEs
04/10/2023