Total power industry venture financing deals worth $541.2m were announced in North America in August 2022, led by $138m venture financing of Fervo Energy, according to GlobalData’s deals database.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

  • Embed this chart

    Embed this chart into your website

    Copy and paste the image source into your website to display the chart.

The value marked an increase of 24.1% over the previous month of $436.08m and a drop of 36.8% when compared with the last 12-month average of $856.81m.

North America held a 24.49% share of the global power industry venture financing deal value that totalled $2.21bn in August 2022. With a 24.03% share and deals worth $531.17m, the US was the top country in North America’s venture financing deal value across power industry.

In terms of venture financing deal activity, North America recorded 27 deals during August 2022, marking an increase of 12.50% over the previous month and a drop of 10.00% over the 12-month average. The US recorded 25 deals during the month.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

North America power industry venture financing deals in August 2022: Top deals

The top five power industry venture financing deals accounted for 58.8% of the overall value during August 2022.

The combined value of the top five power venture financing deals stood at $318m, against the overall value of $541.2m recorded for the month.

The top five power industry venture financing deals of August 2022 tracked by GlobalData were:

1) 3×5 Partners, Breakthrough Energy Ventures, Canada Pension Plan Investment Board, Congruent Ventures, CPP Investments, DCVC, Elemental Excelerator, Grantham Foundation, Helmerich & Payne, Impact Science Ventures, Liberty Energy, Macquarie and Prelude Ventures’s $138m venture financing deal with Fervo Energy

2) The $63m venture financing of WiTricity by Air Waves Wireless Electricity, Delta Electronics, Japan Energy Fund, Mirae Asset Capital, Siemens and Stage 1 Ventures

3) Breakthrough Energy Ventures, Prelude Ventures and SJF Ventures’s $44m venture financing deal with Terabase Energy

4) The $38m venture financing of Iontra by The Flag Group and Volta Energy Technologies

5) CC Industries and S2G Ventures’s $35m venture financing deal with Orange EV