German company CMblu Energy has completed an initial close of its €50 million Series C funding round, surpassing a valuation of €1 billion. The company is now positioning its technology for data center and AI infrastructure applications.
Focus on baseload energy solutions
CMblu develops organic flow batteries that do not rely on lithium, cobalt, or nickel and are designed for long-duration, stable energy supply. The company aims to provide baseload infrastructure to support the growing energy demand of data centers and digital applications.
Source
CMBlu
