Sizable Energy Raises $8M to Advance Offshore Pumped Hydro Storage

Deal Summary

Sizable Energy, a Milan-based long-duration ocean energy storage company, raised $8M in a funding round led by Playground Global with participation from Exa Ventures, Verve Ventures, Satgana, EDEN/IAG and Unruly Capital. The company will use the proceeds to accelerate development and deployment of its offshore pumped hydro system.