Funding round
SK Innovation E&S Growth
Reported as "Growth Equity"
SK Innovation E&S, which works in energy solutions development in Seoul, raised $576M in a Growth round announced on 22 Dec 2022. 1 firm took part.
$576M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
SK Innovation E&S did not disclose a valuation in this round. No later venture round is on record for SK Innovation E&S.
SK Innovation E&S' funding rounds
This is the only venture round on record for SK Innovation E&S.
- Growth this round 22 Dec 2022 $576M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- KKR backs 104 venture-backed companies
Comparable rounds
How it compares
24 Growth rounds in Renewable energy companies within a year either side disclosed an amount; the median was $152M, and this round was 3.8 times the median. The closest in time, other companies' Growth rounds in Renewable energy companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Renewable energy companies | 23 Dec 2022 | $74M | not disclosed | not named |
| TerraPower Renewable energy companies | 3 Nov 2022 | $830M | not disclosed | SK Inc. |
| EcoCeres Renewable energy companies | 12 Jan 2023 | $400M | not disclosed | Bain Capital Private Equity |
| Renewable energy companies | 1 Nov 2022 | undisclosed | not disclosed | not named |
| Shizen Energy Renewable energy companies | 24 Oct 2022 | $470M | not disclosed | La Caisse |
| Renewable energy companies | 24 Oct 2022 | $200M | not disclosed | Energy Spectrum |
| Renewable energy companies | 6 Feb 2023 | undisclosed | not disclosed | not named |
| Renewable energy companies | 27 Sep 2022 | $28M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did SK Innovation E&S raise in its Growth round?
SK Innovation E&S raised $576M in its Growth round, announced in Dec 2022.
Which investors took part in SK Innovation E&S' Growth round?
KKR.
What was SK Innovation E&S' valuation at the Growth round?
It was not disclosed.
How does it compare with other Growth rounds in Renewable energy companies?
24 Growth rounds in Renewable energy companies within a year either side disclosed an amount; the median was $152M, and this round was 3.8 times the median.