Two weeks ago, we reported that Fremont’s Deeya Energy, which is developing energy storage technologies with environmentally friendly materials, had raised $2.5 million of a possible $7.5 million round.
Now VentureWire (sub required) reports that it has completed that round. Backers are the same.
Initially, Deeya Energy intends to target power storage for solar and wind energy generation technologies. “These are going to be big batteries,” [founder Saroj] Sahu said. “The size of these batteries, capacity-wise, will be several kilowatts, providing backup power for 8 to 16 hours.”
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VentureBeat » Clean storage company Deeya gets $15M said:
[...] Deeya Energy is based in Fremont, Calif. and Guragon, India. New Enterprise Associates led the $15M round, with participation from all of the company’s previous investors: BlueRun Ventures, Draper Fisher Jurvetson, DFJ Element and Nokia Corp. The company raised $7.5 million in its first round (see our coverage). [...]