Portfolio
Gigawatt Long-Duration Energy Storage
Company Name: XL Batteries
Sector: Energy Storage & Battery Systems
Developer of the lowest-cost, long-duration, grid-scale flow battery for the alternative energy grid. The 20+ year non-flammable battery system relies on XL’s proprietary non-corrosive organic chemistry.
“We’re heavily focused on companies that empower businesses and consumers with sustainable solutions to increase energy and operating efficiency,” said Chris Fisher, managing partner of Xerox Ventures. “We’re proud to play a role in XL Batteries’ mission to expand their innovative flow battery technology, which supports the need for cost-effective and reliable energy storage solutions as energy systems shift towards renewable energy.”
—CHRIS FISHER, MANAGING PARTNER OF XEROX VENTURES