Malta Raises $50M in Series B

26 Feb, 2021

Malta Raises $50M in Series B
Photo by Chronis Yan on Unsplash

– Malta, a pioneer in long-duration energy storage, has raised $50M in a Series B round of funding.
– The financing was led by integrated energy group Proman with participation from new investor Dustin Moskovitz and existing investors Alfa Laval and Breakthrough Energy Ventures.
– Malta is a provider of industrial-grade, grid-scale energy storage solutions.

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