Tech Company Financing Transactions
Powerhive Funding Round
Caterpillar Venture Capital, private investors and Prelude Ventures participated in a $9.3 million Series B venture round for Powerhive. The round was announced on 7/10/2019.
Transaction Overview
Company Name
Announced On
7/10/2019
Transaction Type
Venture Equity
Amount
$9,300,000
Round
Series B
Investors
private investors (James Sandler)
Prelude Ventures (Timothy Woodward)
Proceeds Purpose
The company intends to use the funds to continue to grow with plans to reach 20,000 connections in Kenya.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
816 Bancroft Way
Berkeley, CA 94710
USA
Berkeley, CA 94710
USA
Phone
Undisclosed
Website
Email Address
Overview
Powerhive is a technology venture founded in 2011 that partners with utilities and independent power producers to provide access to productive, affordable, and reliable microgrid electricity for millions of rural homes and businesses around the globe.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Zachary Ayieko
Chief Executive Officer
Christopher Hornor
VP - Bus. Development
Rik Wuts
VP - Engineering
Steve Kraft
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We do our best to document every notable VC transaction. All VC database entries on this site come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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