Tech Company Financing Transactions
Nexamp Funding Round
Nexamp, based in Boston, raised $400 million from Mitsubishi UFJ Financial Group and U.S. Bancorp.
Transaction Overview
Company Name
Announced On
6/1/2023
Transaction Type
Venture Equity
Amount
$400,000,000
Round
Undisclosed
Investors
Mitsubishi UFJ Financial Group (Lead Investor)
U.S. Bancorp (Lead Investor)
Proceeds Purpose
The company intends to use the funds to support the creation of 49 solar and battery storage projects in six states spanning the Northeast, Mid-Atlantic, and Midwest and enable more than 25,000 households to receive a combined $6.5 million in estimated annual electricity bill savings.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
4 Liberty Sq.
Boston, MA 02109
USA
Boston, MA 02109
USA
Phone
Website
Email Address
Overview
Nexamp is a full service clean energy solutions company. Nexamp analyzes, designs, finances, builds and maintains clean energy projects that reduce energy costs and carbon emissions for businesses, governments, and homeowners. Our solutions include renewable energy, energy efficiency, and energy management.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Zaid Ashai
Chief Financial Officer
Peter Tawczynski
Vice President
Chris Perron
Vice President
William Thompson
VP - Bus. Development
Chris Clark
Browse more venture capital transactions:
Prev: 6/1/2023: Doormat venture capital transaction
Next: 6/1/2023: Platformatic venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs