EnerVenue Holding, Ltd. (“EnerVenue”) announced today the closing of its U.S. $300
million extension of its Series B preferred stock financing round. The extension round
was led by Full Vision Capital.
Incubated by Full Vision Capital, EnerVenue also announced the appointment of
Henning Rath as Chief Executive Officer (CEO). With the investment and strategic
support of the Hong Kong Investment Corporation Limited (“HKIC”), the company plans
to establish a regional headquarters in Hong Kong to coordinate sales across the region,
alongside an innovation center that will attract scientists from Hong Kong and abroad to
advance materials research. The company also intends to partner with local universities
to nurture industry talent.
Henning Rath appointed as CEO of EnerVenue
In recent years, Professor Yi Cui of Stanford University, together with the EnerVenue
team, has overcome longstanding industrialization barriers of Aqueous Metal Cell
(“AMC”) batteries, which have a proven heritage in aerospace applications, converting
this technological breakthrough into a scalable, commercially viable solution. Ranked
10th on TIME’s America's Top GreenTech Companies of 2025, EnerVenue is now
positioned as a pioneering leader in the global green energy revolution. The new round
of financing will further accelerate the large-scale industrial application of the energy
storage technology.
EnerVenue batteries and energy racks
“This $300 million extension of Series B preferred stock funding is a testament to the
strength of EnerVenue’s technology and the entire team’s execution,” said newly
appointed CEO Henning Rath. “The capital is crucial for further R&D of our core
technologies, ramp-up of large‑scale manufacturing, reinforcement of supply‑chain
robustness, and expansion of global commercial reach. It also provides runway for
achieving our short- and medium-term production capacity targets.”
Rath, an internationally recognized technology executive with a distinguished record of
building billion-dollar companies and deep expertise in the global energy sector, guided
the company to this successful funding milestone.
“Henning’s leadership has been pivotal in positioning EnerVenue for this growth phase,”
said Dr. Yi Cui, chairman of EnerVenue. “His strategic vision and operational credibility
were instrumental in building investor confidence and closing this significant round. His
deep expertise in industrial scaling and global market execution is exactly what
EnerVenue needs to achieve its ambitious manufacturing and deployment goals.”
Ms Clara Chan, CEO of the HKIC, remarked, “By investing in EnerVenue, the HKIC is
empowering the Company with our capital, platform and talent networks to accelerate
the development of the Company’s groundbreaking technology, and establishing a
model on the transformation of frontier green technology into industrial applications
and commercial return. Hong Kong will help companies like EnerVenue to optimise their
global action plan and serve as a gateway to international market, leveraging our
strengths as international financial center, “super-connector”, and “super valueadder”.As part of this journey, applications of the relevant green technology will also
contribute to the rest of the world, bringing benefits to all parties involved.”
Mr. Alan Chan, Co‑founder of EnerVenue and Managing Partner of lead investor Full
Vision Capital, said, “We are deeply honoured to receive the strong support and recognition of the HKIC. This marks an important step in accelerating our
mass‑production capabilities. With the launch of our Hong Kong regional office and
innovation center, we look forward to partnering with HKIC to leverage Hong Kong’s
pivotal role as a global green‑technology and green‑finance hub, and to advance the
city’s standing as an international technology and innovation center.
MONTEREY, Calif.--(BUSINESS WIRE)--Jun 1, 2026--
This August, Apex Motorcar Portraits will transform a protected stretch of Pacific coastline adjacent to Asilomar Conference Grounds into a temporary coastal studio for bespoke automotive portrait sessions during Monterey Car Week 2026. A portion of proceeds supports California State Parks.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260601166956/en/
Available August 7–14, 2026 from 9:00 a.m. to 8:00 p.m., Apex offers collectors, enthusiasts, visitors, and locals the opportunity to commission editorial-style portraits with their own vehicles -- or select from a curated collection of classic motorcars through partner Monterey Touring Vehicles.
Created by Monterey County locals and guided by a female-founded collective, Apex combines regional knowledge with internationally recognized automotive photography from Alex Sczudlo, whose work has appeared in Forbes, Porsche, duPont Registry, ++. Designed to expand access beyond traditional collector experiences, Apex welcomes both seasoned enthusiasts and guests experiencing Monterey Car Week inside the frame for the first time.
“Alex (Sczudlo) has an incredible ability to turn a vehicle into something emotional and enduring,” said Heather Gardner, owner of Monterey Touring Vehicles. “What excites me most is that guests don’t need to arrive with their own car to participate. By featuring select classics from our collection, we’re opening the door for more people to create an iconic Monterey Car Week moment.”
“This is the iconic Monterey Car Week experience people imagine -- but made accessible in a new way,” said Liana Huth, creator of Apex Motorcar Portraits. “Whether someone arrives in their own vehicle or chooses one of our curated classics, the experience is designed to become more than a photograph. From fine art prints to bespoke holiday cards and signature correspondence, Apex transforms a Monterey moment into something tangible guests can enjoy forever.”
“This collaboration captures something uniquely Monterey,” said Dawn Mathes-Park, Vice President of Marketing & Community Relations at See Monterey. “It speaks to the passion of the automotive community while creating an experience that feels approachable and memorable for visitors and locals alike. Pairing that with a meaningful contribution to California State Parks makes it an especially thoughtful addition to Car Week.”
“At Asilomar, we’re always looking for experiences that deepen connection to place while celebrating the moments that bring people together,” said Crystal Andon, Marketing and Programs Manager at Asilomar. “We’re proud to welcome Apex Motorcar Portraits into our Monterey Car Week programming alongside beloved traditions such as Woodies in the Woods on August 13 and to support an activation that highlights both creativity and stewardship of California’s coastline.”
Sessions will be offered daily August 7–14 during Monterey Car Week and are designed around light, landscape, and automotive storytelling.
Register for Sessions
Photo sessions are available August 7–14, 2026 | 9:00 a.m.–8:00 p.m.
Visit https://www.apexmotorcarportraits.com to request availability and reserve a session.
Instagram
@automotive_alex @apexmotorcarportraits
About Apex Motorcar Portraits
Created exclusively for Monterey Car Week, Apex Motorcar Portraits is a bespoke automotive portrait experience set on a protected stretch of California’s Pacific coast. Brought to life by a collective of Monterey County women across hospitality, tourism, destination marketing, creative strategy, and photography -- including Crystal Andon and Natascha Vanderlaan (Asilomar), Heather Gardner (Monterey Touring Vehicles), Liana Huth (The August Factor), Dawn Mathes-Park (See Monterey), Alex Sczudlo (Photographer), and Paige P. Viren, PhD (CSUMB Sustainable Hospitality & Tourism Management) -- Apex blends editorial artistry and local stewardship to document the legacy of automotive excellence through a lens of quiet sophistication, while giving back to the landscape that makes each image possible.
Apex Motorcar Portraits captures automotive excellence on a protected stretch of the Pacific coast through a distinctly local, female-led lens — transforming Monterey Car Week moments into lasting works of art. Credit: Alex Sczudlo / Apex Motorcar Portraits
