Global corporate funding, including venture capital (VC) funding, public market and debt financing for battery storage, smart grid, and efficiency companies in the first nine months (9M) of 2021, was at a record high of $13.5 billion, according to Mercom’s 9M and Q3 2021 Funding and M&A Report for Storage, Grid and Efficiency. This was 184% year-over-year (YoY) higher compared to $4.7 billion raised in 9M 2020 when the market was affected by the Covid-19.