Tech Company Financing Transactions
Primus Power Funding Round
Primus Power, based in Hayward, secured $11 million in funding from Chrysalix Energy Venture Capital, DBL Investors and I2BF Venture Capital.
Transaction Overview
Company Name
Announced On
5/31/2011
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This new round of financing will allow us to develop our first full scale system and quickly move toward commercialization.
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Stepien
VP - Engineering
G.J. La O
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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.
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