Fluence, a Washington DC-based provider of energy storage products and digital applications, has raised $125 million in funding from the Qatar Investment Authority. Founded in 2018, the company achieved unicorn status within three years and went public soon after. With annual revenue of $2.7 billion (as of September 2024), Fluence designs standardized, scalable storage systems that optimize renewable energy deployment. Its technology-driven approach, supported by intelligent asset management software, positions Fluence as a global leader in accelerating the clean energy transition.