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RWE Leads Second Tranche of Series C Financing for Stem, Inc.

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MILLBRAE, Calif.--(BUSINESS WIRE)--Stem, Inc., a leading provider of intelligent energy storage, today announced the close of its Series C funding round at $45 million in total. The second tranche in the round was led by RWE Supply & Trading, the energy trading arm of Germany-based RWE Group, one of Europe’s largest electricity and gas companies. RWE Supply & Trading will also take a seat on Stem’s board of directors to support the company’s evaluation of new markets. Backing from RWE i

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