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Energy Tech Series C Founded 2009

Viridi Parente

Viridi Parente manufactures modular lithium-ion battery energy storage systems designed for safety and reliability, with certifications for installation in occupied spaces. Products include scalable battery systems with modular capacities and IoT solutions, applicable to utilities, indoor installations, microgrids, telecommunications, and intelligent traffic management. Founded in 2009 and headquartered in Buffalo,…

📍 Buffalo, United States · Energy Storage Tech

Funding snapshot

Last roundSeries C
Amount$20M
Date2 February 2026
Total raised$115M
Valuation700,000,000 (Jan 13, 2022)
Team size131

About

Viridi Parente manufactures modular lithium-ion battery energy storage systems designed for safety and reliability, with certifications for installation in occupied spaces. Products include scalable battery systems with modular capacities and IoT solutions, applicable to utilities, indoor installations, microgrids, telecommunications, and intelligent traffic management. Founded in 2009 and headquartered in Buffalo, United States, Viridi Parente has raised approximately $115M in Series C funding from investors including Ashtead Group and National Grid Partners. The company's battery systems are engineered with safety features that allow deployment in buildings and populated areas where conventional lithium-ion installations face regulatory restrictions, addressing the growing demand for distributed energy storage in urban environments, commercial buildings, and critical infrastructure requiring reliable backup power and peak shaving capabilities.

Business model

Energy Storage Tech > Energy Storage System > Hybrid

Institutional investors

Ashtead Group National Grid Partners Thomas Golisano

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