Fermata Energy Raises $40M in Recent Fundraising Round, Led by Carlyle
- Jan 14, 2022 5:09 pm GMT
Fermata Energy, a leading vehicle-to-everything (V2X) technology services provider, announced today it has raised
"When I set out to create a company that accelerated the adoption of EVs by making them more affordable, while at the same time fortifying the electric grid, I did not imagine how quickly this technology would take off, and how important our technology would prove to be, particularly in light of climate change," said founder and CEO,
V2X technology enables electric vehicle (EV) integration with the continued growth in renewable energy into the electric power grid. Fermata Energy’s V2X technology provides essential energy storage to the power grid to facilitate the transition to renewables and provides revenue generation capabilities for vehicle and fleet owners.
To transition to a clean energy economy, abundant energy storage must be deployed quickly and at scale. Investment from our new partners, including funds managed by global investment firm Carlyle (NASDAQ: CG) and
“Bidirectional charging technology will become essential as electric vehicles increasingly become a key component to global decarbonization,” said
"Distributed energy use and storage continue to grow in importance, in part due to the fast-growing EV space,” said
"Our partnership with, and investment in, Fermata Energy demonstrates our commitment to being a leader in mobility and vehicle-to-everything technology,” said
"Fermata Energy's V2X technology has proven to save building owners money and add resilience to the grid," said
ABOUT FERMATA ENERGY
Fermata Energy’s proprietary vehicle-to-everything (V2X) software and bidirectional hardware technology turns EVs into energy-storage assets, and makes it possible for EVs to combat climate change, increase energy resilience, and reduce energy costs. For more information, visit www.fermataenergy.com, and follow us onTwitter (@FermataEnergy), LinkedIn, Facebook, and Instagram (@fermata__energy).
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