Tech Company Financing Transactions
Gridtential Energy Funding Round
On 9/8/2017, Gridtential Energy announced $11 million in Series B funding from 1955 Capital, Crown Battery Manufacturing and East Penn Manufacturing.
Transaction Overview
Company Name
Announced On
9/8/2017
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series B
Investors
1955 Capital (Lead Investor) (Andrew Chung)
private investors (Ray Kubis)
Proceeds Purpose
Gridtential will use this new capital to expand development and licensing agreements to meet growing global demand for advanced energy storage in the automotive, backup power, grid solutions, and mobility industries.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
809 Aldo Ave. 102
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Gridtential has developed a proprietary technology for an advanced lead-acid battery that replaces the metal grid in current lead-acid battery designs with a silicon substrate. The Gridtential technology yields higher energy density, longer cycle life and deeper depth-of-discharge than incumbent products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Ray Kubis
Chief Executive Officer
John Barton
Co-Founder
Peter Borden
Co-Founder
Michele Klein
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