Eos Energy Storage Raises $23 Million to Support Manufacturing of Grid-Scale Batteries and Fulfillment of 3,000 MWh of Qualified Pre-Orders

Eos Energy Storage today announced a final closing of a $23 million Round C equity financing, supporting commercial launch of the company’s grid-scale battery technology. The round was led by AltEnergy LLC, an energy technology and infrastructure investment firm. Other investors included major strategic partners such as OCI and nearly all of Eos’s prior investors including NRG Energy and Fisher Brothers, a New York-based real-estate firm. The funding will accelerate the company’s transition to commercial manufacturing and product sales and deliveries.