Stem Adds $12M From Mitsui
Millbrae-based energy storage startup Stem announced today that it has raised $12M more in a Series C funding round, led by Mitsui & Co. According to Stem, the investment comes in conjunction with a new effort to expand Stem into international markets, particularly Japan. Stem is led by John Carrington. The new funding comes only a few months after Stem raised $27M in a funding round from such investors as Angeleno Group, Iberdrola (Inversiones Financieras Perseo), GE Ventures, Constellation New Energy, and Total Energy Ventures.
posted on Tuesday, April 14, 2015 (Link to more information)
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