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
Transaction Type
Venture Equity
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
Energy & Battery
Mailing Address
3967 Trust Way
Hayward, CA 94545
Email Address
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.
Primus Power LinkedIn Company Profile
Social Media
Primus Power Company Twitter Account
Company News
Primus Power News
Primus Power on Facebook
Primus Power on YouTube

Management Team

Email & Social
Chief Executive Officer
Thomas Stepien
  Thomas Stepien LinkedIn Profile  Thomas Stepien Twitter Account  Thomas Stepien News  Thomas Stepien on Facebook
VP - Engineering
G.J. La O
  G.J. La O LinkedIn Profile  G.J. La O Twitter Account  G.J. La O News  G.J. La O on Facebook



Browse more venture capital transactions:

Prev: 5/31/2011: Torax Medical venture capital transaction
Next: 5/31/2011: OpenX Software 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, an affiliated venture.


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary