GlobeNewswire by notified

CMBlu Surpasses €1B+ Unicorn Threshold with €50M Initial Close of Series C, Defining Baseload Infrastructure for AI and Data Centers

30.4.2026 12:00:00 CEST | GlobeNewswire by notified | Press release

Share

The non-lithium SolidFlow battery anchors CMBlu’s disruption of the global energy storage market as a purpose-built, long-duration architecture engineered for mission-critical operations  

ALZENAU, Germany, April 30, 2026 (GLOBE NEWSWIRE) -- CMBlu Energy has reached unicorn status, crossing the €1 billion valuation threshold following a €50 million initial close of its Series C financing with participation from Samsung Ventures. All existing investors, including STRABAG SE, also joined in the round, underscoring sustained confidence in CMBlu’s strategy and long-term execution. This milestone reflects accelerating commercial validation as data centers and utilities seek dependable, always-on energy solutions at scale.

CMBlu is the sole inventor of SolidFlow, a new class of non-lithium long-duration energy storage engineered for high-energy, multi-hour applications. Designed to deliver ten hours or more of dispatchable energy, SolidFlow addresses one of the most urgent structural constraints limiting hyperscale growth – how to secure dependable, multi-hour capacity as electricity demand outpaces grid expansion. 

“Our SolidFlow technology is redefining energy storage by combining inherent safety with a streamlined permitting pathway – enabling faster, more predictable deployment at scale,” said Constantin Eis, CEO of CMBlu. “That speed to power paired with resilient, localized supply chains is critical as data centers and industrial customers advance their business needs and race to meet surging demand. Customers powering critical operations need energy they can count on through the night and under real-world conditions while maximizing efficiency. CMBlu’s innovative battery tech makes this possible and the market is rewarding technologies that can deliver superior performance and dependability.” 

A new storage architecture for the energy transition

CMBlu’s SolidFlow technology represents a breakthrough departure from lithium-dominated storage, introducing a longer duration architecture purpose-built for multi-gigawatt-hour deployment. The system combines non-flammable, water-based electrolytes with proprietary solid energy storage materials while decoupling power from energy capacity and enabling cost-effective scaling.

Built from earth-abundant, recyclable materials, SolidFlow avoids foreign-entity-of-concern (FEOC) supply chains for customers in the United States while supporting long-life, infrastructure-grade performance. 

"At Samsung Ventures, we are committed to identifying technologies that serve as the backbone of a cleaner, more resilient energy infrastructure,” said a spokesperson on behalf of Samsung. “CMBlu’s innovative solution stands out as an industry leading approach to scaling sustainable, long-duration energy storage solutions and positions the company as a key enabler of the global energy transition. This partnership underscores our dedication to supporting technologies that not only accelerate energy innovation but also meet the rising power demands of an AI and electrification driven world.” 

The initial close of Series C will support manufacturing scale-up and accelerate early commercial deployments in Europe and the United States.  

As proof of this market momentum, CMBlu has secured a 5 GWh framework agreement from one of Europe’s leading utilities, Uniper, reinforcing the role of SolidFlow in enabling grid responsiveness.

This is equivalent to: 

  • Powering a 1 GW data center for five hours
  • Supplying a 500 MW data center for ten hours, covering the full overnight window when solar generation drops to zero

By shifting excess daytime generation into peak and overnight demand periods, SolidFlow enables data centers to operate on some of the lowest-cost electricity available while maintaining uptime and grid stability.

As electricity demand from AI, electrification, and industrial growth accelerates, CMBlu is positioning advanced duration energy storage as foundational infrastructure for a reliable, resilient, and economically competitive energy system.

About CMBlu Energy
CMBlu Energy is a global deep-tech company redefining long-duration energy storage with its breakthrough SolidFlow battery technology. The company’s innovation combines the advantages of proprietary, energy dense materials with the architecture of flow batteries, enabling high-performance storage systems built from abundant, non-flammable materials instead of critical minerals.

Founded in 2014, CMBlu evolved from one of Europe’s largest lithium-free battery research laboratories into a rapidly scaling energy storage innovator. The company is now scaling manufacturing through its automated gigafactory in Alzenau, Germany, with additional facilities planned in the United States and Greece to support resilient, localized supply chains.

With more than 250 employees—including over 150 scientists and engineers—CMBlu is accelerating the future of long-duration energy storage and enabling resilient power systems capable of supporting the next generation of digital infrastructure and electrified industries worldwide.

Headquartered in Alzenau, Germany, CMBlu Energy also operates in Greece and the U.S.

U. S. Media Contact
Brad Carl
On Behalf of CMBlu Energy
brad@teamsilverline.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5b5ad6e5-78fb-43a9-add4-f1078bc9a8af

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release

Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a

DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release

Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68

Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release

Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release

AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us

Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye