Stem Snags $15.4M For Energy Storage
Millbrae-based energy storage systems provider Stem announced this morning that it has raised $15M in a Series B funding round. The company said the funding was led bY Iberdrola and also included GE Ventures and Angeleno Group. Stem develops an energy storage system--using battery power--aimed at the manufacturing, retail, services, and hospitality market. Stem is led by Salim Khan.
posted on Monday, December 2, 2013 (Link to more information)
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