New Funds For Energy Storage Upstart

CEO Rick Luebbe said that investors have seen the successful transition EnerG2 has made from its roots as an energy storage R&D company to a manufacturer of energy storage applications.

According to a SEC filing, EnerG2, which manufactures carbon materials to be used in next-generation energy storage systems such as lead acid batteries, ultracapacitors and lithium ion batteries, has raised $9.3 million in financing,

“The new funds will support EnerG2’s continued efforts with customers and help grow our manufacturing base,” Luebee added.

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