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Teachers’ Venture Growth led a $95m Series C funding round in Instagrid.

Synopsis

Teachers’ Venture Growth, a late-stage venture and growth equity investments in cutting-edge technology companies, led a $95m Series C funding round in Instagrid, a provider of high-performance portable battery systems, with participation from Morgan Stanley Investment Management, Energy Impact Partners, SET Ventures, blueworld.group, High-Tech Gründerfonds, and Pierre-Pascal Urbon. “Our innovative products have already proven themselves in the market to customers across Europe, and the environmental and health benefits of our portable batteries over combustion generators have been demonstrated. Thanks to our unique, proprietary technology, we are sector-leading and peerless in terms of reliability, power, and durability. Our products are significantly more compact, powerful, and mobile than other battery systems. Securing funding from such long-term strategic and experienced partners reflects our strong momentum and will enable us to build on the technology that underpins our success and bring more category-defining products to the market in the near future,” Sebastian Berning, Instagrid Co-Founder and Co-CEO.

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