Tech Company Financing Transactions

Ice Energy Funding Round

Ice Energy, operating out of Santa Barbara, scored $24 million from Energy Capital Partners, Good Energies and Sail Venture Partners.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series C

Energy Capital Partners (Peter Labbat)

Good Energies (John Breckenridge)

Sail Venture Partners (Thomas Cain)

Second Avenue Partners (Frank Higgins)

TIAA Investments

Proceeds Purpose
The $24 million investment provides Ice Energy with working and growth capital to support its deployment of utility-scale distributed energy storage projects throughout the United States and Canada, including a 53-Megawatt project currently underway with the Southern California Public Power Authority, the largest of its kind in the industry.

Company Information

Company Status
Private & Independent
Energy & Battery
Mailing Address
120 El Paseo
Santa Barbara, CA 93101
Email Address
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.
Ice Energy LinkedIn Company Profile
Social Media
Ice Energy Company Twitter Account
Company News
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Ice Energy on Facebook
Ice Energy on YouTube

Management Team

Email & Social
Chief Executive Officer
Michael Hopkins
  Michael Hopkins LinkedIn Profile  Michael Hopkins Twitter Account  Michael Hopkins News  Michael Hopkins on Facebook
Chief Information Officer
Chris Tillotson
  Chris Tillotson LinkedIn Profile  Chris Tillotson Twitter Account  Chris Tillotson News  Chris Tillotson on Facebook
Chief Technical Officer
Marcel Christians
  Marcel Christians LinkedIn Profile  Marcel Christians Twitter Account  Marcel Christians News  Marcel Christians on Facebook
Joe Moyer
  Joe Moyer LinkedIn Profile  Joe Moyer Twitter Account  Joe Moyer News  Joe Moyer on Facebook
VP - Bus. Development
Greg Miller
  Greg Miller LinkedIn Profile  Greg Miller Twitter Account  Greg Miller News  Greg Miller on Facebook
VP - Operations
Brandon McNeil
  Brandon McNeil LinkedIn Profile  Brandon McNeil Twitter Account  Brandon McNeil News  Brandon McNeil on Facebook



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Prev: 10/18/2010: Sharethrough venture capital transaction
Next: 10/18/2010: HighRoads venture capital transaction


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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, an affiliated venture.


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