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[-]  13-06-18 00:18

Backed by Bill Gates and Jeff Bezos, Breakthrough Energy Ventures places first bets on power storage
Eighteen months after its founding, the $1 billion Breakthrough Energy Ventures fund’s first investments have been revealed, and they both have to do with energy storage systems. Quartz reports today that millions of dollars are going to Form Energy, which is working on novel chemistries for low-cost, long-term, high-density batteries; and Quidnet Energy, which aims to store power in the form of highly compressed water. Breakthrough Energy Ventures is notable for its investors as well as i...

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