1. Stem Wins $15M Investment From Mithril and Grows Its Energy Storage Portfolio to 68MWh

    Stem Wins $15M Investment From Mithril and Grows Its Energy Storage Portfolio to 68MWh

    Stem just announced a $15 million add-on from Mithril Capital Management, bringing its Series C total to $68 million and its total venture funding to more than $110 million since its founding as Powergetics in 2010. Other investors in the firm include Angeleno Group, Iberdrola, GE Ventures, Constellation New Energy, Total Energy Ventures, Mitsui & Co., Ltd., and RWE Supply & Trading. Stem combines big data, predictive analytics and energy storage to reduce electricity costs for businesses while delivering aggregated services to the grid. 

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