Tech Company Financing Transactions
Primus Power Funding Round
Anglo American Platinum, DBL Investors and I2BF Venture Capital participated in a $32 million funding round for Primus Power. The funding round was recorded on 3/28/2017.
Transaction Overview
Company Name
Announced On
3/28/2017
Transaction Type
Venture Equity
Amount
$32,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new funds will help accelerate the commercial momentum of EnergyPod 2 - a safe, low-cost and long-duration electrical energy storage system.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3967 Trust Way
Hayward, CA 94545
USA
Hayward, CA 94545
USA
Phone
Website
Email Address
Overview
Primus Power is a leader in low-cost, grid-scale energy storage solutions with a scalable, distributed system that economically serves multiple storage applications including transmission capacity, renewable energy integration and frequency regulation.
Management Team
Browse more venture capital transactions:
Prev: 3/28/2017: Arable venture capital transaction
Next: 3/29/2017: Shield AI venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs