Mintz advised Antora Energy, a leading US energy storage company, on its $550 million Series C preferred stock financing.
The oversubscribed round was co-led by G2 Venture Partners and Eclipse, with participation from new and existing investors. The financing will support Antora’s large-scale project deployment, expanded manufacturing capacity, establishment of a second US manufacturing hub, and continued investment in its domestic supply chain, as the company works to meet growing energy demand from industry, data centers, and the grid.
Antora delivers energy storage solutions for industry, data centers, and the grid through thermal batteries that store low-cost electricity as heat and deliver it as heat or power around the clock.
The Mintz team was led by Tom Burton and Kaoru Suzuki, with support from Annie Cho, Alex Mejia, and Neelam Karamchandani. Additional support was provided by Robert Kidwell, Sherwet Witherington, Steve Ganis, Gregg Benson, and Anne Bruno.
Read Antora Energy's press release here.