Tech Company Financing Transactions

FlexGen Power Systems Funding Round

Vitol and private investors joined a $100 million Series C venture round for FlexGen Power Systems. The funding round closed on 7/21/2022.

Transaction Overview

Announced On
7/21/2022
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series C
Investors

Vitol (Lead Investor)

Proceeds Purpose
The company intends to use the funds to further solidifies its energy storage integration, and will support the execution of its large pipeline of projects across multiple regions.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
4020 Stirrup Creek Dr. 108
Durham, NC 27703
USA
Email Address
Overview
FlexGen Power Systems designs and builds high-efficiency hybrid power products for a range of oil & gas applications.
Profile
FlexGen Power Systems LinkedIn Company Profile
Social Media
FlexGen Power Systems Company Twitter Account
Company News
FlexGen Power Systems News
Facebook
FlexGen Power Systems on Facebook
YouTube
FlexGen Power Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Josh Prueher
  Josh Prueher LinkedIn Profile  Josh Prueher Twitter Account  Josh Prueher News  Josh Prueher on Facebook
Chief Technical Officer
Doug Moorehead
  Doug Moorehead LinkedIn Profile  Doug Moorehead Twitter Account  Doug Moorehead News  Doug Moorehead on Facebook
VP - Engineering
Pasi Taimela
  Pasi Taimela LinkedIn Profile  Pasi Taimela Twitter Account  Pasi Taimela News  Pasi Taimela on Facebook
VP - Operations
Gopi Balakrishnan
  Gopi Balakrishnan LinkedIn Profile  Gopi Balakrishnan Twitter Account  Gopi Balakrishnan News  Gopi Balakrishnan on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/21/2022: ZEDEDA venture capital transaction
Next: 7/22/2022: InterApp venture capital transaction

 

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About Our VC Transactions Data

We do our best to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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