$125M sweet spot round size
Most of their 3 investments are in rounds between $100M and $150M
2019
Energy Vault raised $150M on February 14, 2022
Investors: Adage Capital Management, Palantir Technologies, CEMEX Ventures, Novus Capital Limited and Pickering Energy Partners
Merge Electric Fleet Solutions raised undisclosed on December 7, 2021
Investors: Pickering Energy Partners
Energy Vault raised $100M on August 25, 2021
Investors: Prime Movers Lab, SoftBank Investment Advisers, Idealab, Saudi Aramco Energy Ventures and Pickering Energy Partners