Fluence develops and delivers advanced energy storage systems, digital applications, and services designed to support the integration of renewable energy at scale. Its technology enables utilities and industries to deploy storage more quickly and cost-effectively, thereby improving grid stability and efficiency. The company’s modular systems and performance management tools optimize battery lifespan, reduce maintenance costs, and enhance operational insights. Fluence serves global customers across industrial, commercial, and renewable sectors, helping accelerate the shift toward sustainable energy infrastructure.
What Is Fluence and What Does It Do?
Fluence, founded in 2018, is a Washington, DC-based (United States) energy technology company specializing in energy storage solutions and digital applications for renewables.
Fluence employs 1,112 people as of September 2023 and generated $2.7 billion in annual revenue, and provides standardized and configurable storage systems for industrial and utility-scale use cases, along with asset management software for optimizing energy efficiency.
Fluence combines hardware, software, and analytics to make renewable energy more reliable, scalable, and cost-effective worldwide.
How Much Funding Has Fluence Raised?
Series D
• Amount Raised: $125 million
• Date: December 2020
• Lead Investor: Qatar Investment Authority
• Motivation: To accelerate global expansion, invest in R&D for advanced energy storage technologies, and strengthen digital platform offerings.
Total Funding Raised: $125 Million
Latest Funding Date: December 2020
Key Investors
- Qatar Investment Authority (QIA)
• Details: The sovereign wealth fund of the State of Qatar, investing across asset classes and industries worldwide.
• Investment Focus Areas: Infrastructure, energy, and technology.
• Notable Investments: Fluence, Volkswagen, and Glencore.
Where Is Fluence’s Headquarters?
Fluence is headquartered in Washington, DC, United States, a strategic hub for energy innovation and policy. Its proximity to federal institutions, research agencies, and renewable energy organizations allows the company to influence and participate in the global clean energy transition actively.
What’s Next for Fluence?
Fluence continues to scale its AI-driven energy storage solutions and digital optimization software to support the decarbonization of global power grids. The company plans to expand operations in emerging renewable markets, integrate smart analytics into its storage platforms, and collaborate with governments and utilities on large-scale sustainability projects. With its proven technology and strong investor backing.
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