Gridtential inks $11 mln

Santa Clara, California-based Gridtential Inc, a provider of energy storage technologies, has closed $11 million in funding. The investors included 1955 Capital, East Penn Manufacturing, Crown Battery Manufacturing, Leoch International and Power-Sonic Inc. In conjunction with the funding, Andrew Chung, 1955 Capital founder and managing partner, will join Gridtential’s board of directors.

Source: Press Release