Tech Company Financing Transactions
Prudent Energy Funding Round
Prudent Energy closed a $22 million Series C funding round on 3/2/2010. Backers included Northern Light Venture Capital, DFJ Growth and Sequoia Capital.
Transaction Overview
Company Name
Announced On
3/2/2010
Transaction Type
Venture Equity
Amount
$22,000,000
Round
Series C
Investors
Proceeds Purpose
This new financing will fuel Prudent's battery manufacturing operations, which relocated to Beijing last year, as well as drive the company's steady growth into the U.S.A. and elsewhere.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
4800 Hampden Ln. 200
Bethesda, MD 20814
USA
Bethesda, MD 20814
USA
Phone
Website
Email Address
Overview
Prudent Energy is an energy storage technology developer, manufacturer and systems integrator, specializing in the patented VRB Energy Storage System (VRB-ESS).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Ping Yu
VP - Operations
YC Zeng
VP - Sales
Jim Stover
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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