TROES Funding Round

7/14/2023

Venture Equity

Unknown

Series A

The company intends to use the funds to support in areas such as scale-up growth, renewable energy project integration, and mergers and acquisitions initiatives in this sector.

Private & Independent

Energy & Battery

401 Bentley St. Unit 3,
Markham ON, L3R 9T2
CA

TROES stands for "The Revolution Of Energy Storage". TROES was born with an idea to lead a revolution in reliable small and mid-scale energy storage projects with renewables. After more than a century, the limitations of the centralized energy grid have become an impediment to cleaner, less costly power. Plus there are still 940 million people living in the world without electricity. To overcome those limitations, we are seeing Distributed Energy Resources being deployed at locations much closer to the customer. The DERs are often linked with Energy Storage. Our mission at TROES is to enable mid-size customers to participate in this transition; we do this by bringing a state-of-the-art hardware and software energy storage combination to commercial, industrial and institutional power consumers.