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Germany’s Instagrid, which uses software to supercharge portable batteries, raises $95M
Energy supply is one of the bigger issues impacting how technology will evolve over time -- a challenge that might be feel closer to home when you
Energy supply is one of the bigger issues impacting how technology will evolve over time — a challenge that might be feel closer to home when you consider the batteries of objects like mobile phones or electric vehicles but is definitely not constrained just to consumer tech. Morgan Stanley Investment Management’s (MSIM) 1GT climate private equity strategy, plus previous investors Energy Impact Partners, SET Ventures, blueworld.group, Hightech Gründerfonds, and Pierre-Pascal Urbon (who chairs Instagrid’s advisory board), also participated. “We were drawn to Instagrid’s novel use of software to extract higher performance from battery cells and became particularly excited after discussing the company’s technology with other parts of OTPP’s portfolio,” European MD Avid Larizadeh-Duggan told TechCrunch.
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