Viridi Parente lands $1M from WNY fund as Buffalo battery maker preps to double revenue
What's the deal? Viridi Parente, a battery technology company based on Buffalo's East Side, has received $1M in funding from a Western New York investment fund. The company is preparing to double its revenue.
Why now? Viridi is at an inflection point, with plans to double revenue signalling growing demand for its products and readiness to scale operations.
The signal: Viridi Parente is classified as a late-growth-stage company on Dealroom, suggesting that this relatively modest $1M cheque from a regional fund is less about early validation and more about bridging the gap toward a larger institutional raise. For a Buffalo-based industrial battery maker preparing to double revenue, the round underscores how climate-tech manufacturing ventures outside major coastal hubs are increasingly tapping local capital networks to fuel scaling before seeking bigger national or international backers.
Read more: buffalonews.com
