Amazon Climate Pledge Fund and Voyager Ventures led a $15m Series A round in Moment Energy.

Amazon Climate Pledge Fund, a division of Amazon, set up to develop and manage investments in the climate technology space, and Voyager Ventures, an investment company, led a $15m Series A round in Moment Energy, a provider of a clean, affordable, and reliable battery energy storage system. "This funding marks a pivotal milestone for Moment Energy, enabling us to further advance our operations and lead the charge in transforming retired EV batteries into valuable battery energy storage systems. By providing a new path for second-life batteries, we're able to enhance grid stability, increase lithium security in North America, and support renewable energy integration. We serve as a catalyst for an exciting new circular economy that increases energy security as energy demand rises," Edward Chiang, Moment Energy CEO.