Generate Capital, a leading sustainable infrastructure investment and operating platform, today announced it has acquired large-scale battery storage developer esVolta LP to accelerate the availability of energy storage projects critical to decarbonizing the electric grid and improving resiliency.

This video by Scout Ventures, our US early-stage VC partner, showcases their unique access to advanced, dual-use technologies built by hard-to-access founders exiting the military, intelligence community, and premier research labs. It includes commentary from Unite Us Inc, Auctus’ first stand alone Fund investment, and also a portfolio company in our US Opportunities Limited strategy.

Auctus portfolio company Unite Us, has announced the acquisition of Carrot Health, a premier US action-oriented health analytics company focused on removing barriers to health and optimizing care. Across all 50 US states, the two fastest growing companies in the industry now bring the only solution that can proactively identify and engage with clients across the community, and ensure they receive services from a secure coordinated network of thousands of community-based organizations.

Auctus are pleased to inform investors that Unite Us closed a Series C funding round at a post-money valuation of US$1.65 billion with an additional US$150 million investment into the business led by ICONIQ Growth

Auctus portfolio company, esVolta announced it had secured a US$140m credit facility, another major milestone for the business. The facility is one of the first of its kind globally and positions esVolta for continued growth, particularly in the current environment.