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Eos Energy Garners Series B Venture Capital

Wednesday, May 22, 2013 5:58:00 AM PDT | VentureDeal
   New York, New York  --  Eos Energy Storage has secured $15 million in its second round of institutional venture capital investment.

Eos is developing what it calls "novel, low-cost energy storage solutions for the electric utility and transportation industries."




Investors in the round included NRG Energy and New York real estate developer Fisher Brothers.

The company said it would use the financing to support the commercialization of its grid-scale battery technology.

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