Rhombus Energy Solutions Closes Series C Financing Round led by Emerald

Emerald, Cycle, İnci, Nabtesco, Greenhouse invest in Advanced Power Conversion Innovator

Rhombus Energy Solutions, Inc., a leading developer and manufacturer of high-efficiency power conversion systems for electric vehicle fleet charging, energy storage and microgrid applications, announced today that it has closed a Series C financing round from a global syndicate of advanced energy investors led by Emerald Technology Ventures. The syndicate also included Cycle Capital Management, İnci Holding, Nabtesco Technology Ventures, Greenhouse Capital Partners and existing shareholders. Emerald Technology Ventures Partner Markus Moor and Cycle Capital Management Founder and Managing Partner Andrée-Lise Méthot will join Rhombus’ Board of Directors.