EP Cube raises $15M to expand home energy business globally

What's the deal? EP CubeDealroom has a profile for this one. Try Dealroom →, a Chinese home energy technology company, has raised US$13.8M in a funding round led by zhengxuan investmentDealroom has a profile for this one. Try Dealroom →. The company is controlled by Canadian Solar GroupDealroom has a profile for this one. Try Dealroom → and focuses on integrated home energy solutions.

What's the endgame? EP Cube covers research, manufacturing, sales, and customer service for home energy systems. It plans to use the funding for new product development, global market expansion, and supply chain upgrades.

The signal: Backing from a parent solar group and a lead investor points to continued interest in residential energy storage, as companies race to scale distributed power solutions for households worldwide.

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