Tech Company Financing Transactions
Mainspring Energy Funding Round
On 5/5/2021, Mainspring Energy announced $95 million in Series D funding from Devonshire Investors, 40 North Management and American Electric Power.
Transaction Overview
Company Name
Announced On
5/5/2021
Transaction Type
Venture Equity
Amount
$95,000,000
Round
Series D
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3601 Haven Ave.
Menlo Park, CA 94025
USA
Menlo Park, CA 94025
USA
Phone
Undisclosed
Website
Email Address
Overview
Mainspring was founded in 2010 by three Stanford engineers seeking a new approach to generating clean, resilient, affordable electricity. Their research into high-efficiency methods of converting fuel to electricity led to the founding of the company and the development and prototype of their first linear generator. They also built a culture of collaboration and innovation.
Management Team
Title
Name
Email & Social
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