By Jonathan Shieber. New regulations in California are set to open up the market for large-scale energy storage and battery technology developer Primus Power has just raised charge into the fray. The Hayward, Calif.-based battery startup has raised $20 million for a new round from strategic investor Anglo American Platinum through its Platinum Group Metals Development Fund. Previous investors Chrysalix Energy Venture Capital, Kleiner Perkins Caufield & Byers,I2BF, and DBL Partners have committed another $15 million to the company over two previous rounds of funding.
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