Tech Company Financing Transactions
Ice Energy Funding Round
Private investors joined a $33 million funding round for Ice Energy. The round was announced on 10/28/2008.
Transaction Overview
Company Name
Announced On
10/28/2008
Transaction Type
Venture Equity
Amount
$33,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Ice Energy will support the immediate expansion of its development and manufacturing capacity to enable the large-scale deployment of the company's energy storage technology by utilities nationwide.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
120 El Paseo
Santa Barbara, CA 93101
USA
Santa Barbara, CA 93101
USA
Phone
Website
Email Address
Overview
Ice Energy s proven Ice Bear system is the most cost effective and reliable distributed energy storage solution for the grid. The Ice Bear delivers up to six hours of clean, firm, non-fatiguing stored energy daily and is fully dispatchable by the utility. Ice Bear projects are job engines, creating long-term green jobs in the hosting communities.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 10/28/2008: WideOrbit venture capital transaction
Next: 10/29/2008: Vitae Pharmaceuticals venture capital transaction
Share this article
Where The Data Comes From
We document tech company VC transactions. VC investment data records 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.
Additional Resources for Entrepreneurs