Hong Kong Family Office Full Vision Leads USD300m EnerVenue Round

Full Vision EnerVenue investment has led a USD300m Series B+ preferred stock financing round in US energy storage firm EnerVenue Holding, backing the battery maker it originally incubated as it expands manufacturing and commercial operations.

The investment brings California-based EnerVenue’s total funding to USD445m.

The company develops aqueous metal cell batteries for long-duration grid storage, a technology adapted from aerospace applications.

Proceeds will support research and development, scale up production at its Changzhou facility in China, and expand its global reach.

Hong Kong Investment Corp also joined the round and will support EnerVenue’s plan to set up a regional headquarters and innovation centre in Hong Kong.

The Full Vision EnerVenue investment highlights family office backing for battery innovation.