Every round on record, with the sources behind each and the investors on them.
SMT Energy specializes in battery energy storage systems and renewable energy projects for various stakeholders including investors and end consumers.
smtenergy.comBoulder, ColoradoEnergyFounded 2019
4 sources
Developing: it holds up against its sources so far, and firms up as more reporting lands.
The source describes an equity partnership and does not assign a financing stage or lead-investor role. Macquarie and KeyBanc are named as arrangers of an earlier project financing, not this investment.
| Round | Amount | Announced | Lead | Buzz |
|---|---|---|---|---|
| Funding round [ REPORTED LATER ]: This round was announced before Fireround first saw it. It stays in the company's history, not in Latest, Trending, or alerts. | $268M $300M to date | 2026-09-22 | not stated | No recent discussion |
4 sources [ DEVELOPING ] Developing: it holds up against its sources so far, and firms up as more reporting lands. read against 1 of 4 sources The source describes an equity partnership and does not assign a financing stage or lead-investor role. Macquarie and KeyBanc are named as arrangers of an earlier project financing, not this investment. | ||||
SMT is targeting a grid problem the company describes as the mismatch between intermittent renewable generation and when electricity is needed, using machine-learning optimization to charge storage when power is plentiful and discharge it when supply is tight. Its reported 1.5-GW-plus project footprint and the up-to-$268 million parent-level equity partnership announced with Climate Adaptive Infrastructure matter because they give SMT capital to build more storage as U.S. electricity demand and the need for grid reliability grow.
Checked against 8 sources 5d ago
Also named as backers in company research: SUSI Partners, SUSI Energy Transition Fund, Greenprint Capital