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Critical Loop Secures $26M to Tackle California Power Shortages

4/16/2026

Summary

Story summary

Critical Loop, a Long Beach startup led by Bala Ramamurthy, CEO of Critical Loop, raised $26 million to address California's power shortages for growing industries.
Their container-sized battery units provide on-site power by storing grid energy and managing peak demand.
San Diego International Airport is among clients saving electricity costs by using batteries during peak hours.
Founded in 2023, Critical Loop has expanded its team and aims to extend services beyond California.

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Story summary

Critical Loop, a Long Beach startup led by Bala Ramamurthy, CEO of Critical Loop, raised $26 million to address California's power shortages for growing industries.
Their container-sized battery units provide on-site power by storing grid energy and managing peak demand.
San Diego International Airport is among clients saving electricity costs by using batteries during peak hours.
Founded in 2023, Critical Loop has expanded its team and aims to extend services beyond California.