Waltham, Mass.-based GMZ Energy has raised $14 million in Series C financing. Mitsui Ventures led the round, which included participation from I2BF Global Ventures, Energy Technology Ventures, Kleiner Perkins Caufield & Byers and BP Alternative Energy. The company, a maker of thermoelectric materials and systems, will use the infusion to expand its engineering and “go-to-market” capabilities, the company said.
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Hayward, Calif.-based Primus Power, a grid-scale energy storage company, has closed on $11 million from DBL Investors, I2BF Global Ventures, Chrysalix Energy Venture Capital and Kleiner Perkins Caufield & Byers. The infusion will be used for development and commercialization of Primus’ distributed storage technology, the company said Tuesday. The company has also previously raised money in grants from the United States Department of Energy, the Advanced Research Projects Agency — Energy, and the California Energy Commission.