Malta is a provider of industrial-grade, grid-scale energy storage solutions. The Malta system collects and stores inexpensive and abundant renewable and fossil energy, and dispatches it as needed to the grid to enable the affordable and reliable delivery of electricity on demand. Incubated at X, the Moonshot Factory (formerly Google [x]), and funded by leading venture capital and commercial power industry companies, Malta is based in Cambridge, Massachusetts.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 12/19/18 | $26,000,000 | Series A |
Alfa Laval Breakthrough Energy Ventures  Concord New Energy Group | undisclosed |
| 02/24/21 | $50,000,000 | Series B |
Alfa Laval Breakthrough Energy Ventures Dustin Moskovitz Proman | undisclosed |
