Battery company secures $1M, raises $25M this year

The funding supports Viridi’s continued expansion of its fail-safe battery energy storage systems, which are gaining traction across sectors like commercial real estate, data centers, and public infrastructure.

Viridi, based on Buffalo’s East Side, generated about $35 million in revenue last year and is on track to double that as demand accelerates. The company is also scaling its workforce and manufacturing footprint, while positioning itself as both a high-growth energy tech player and a model for community-driven economic development.

The investment reflects the fund’s broader mission: backing companies that deliver both strong financial returns and measurable local impact—helping drive inclusive economic growth and clean energy innovation in Western New York.