Tech Company Financing Transactions
Gridtential Energy Funding Round
On 4/28/2021, Gridtential Energy announced $12 million in funding from 1955 Capital, Crown Battery Manufacturing and East Penn Manufacturing.
Transaction Overview
Company Name
Announced On
4/28/2021
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to support a new production line of advanced lead reference batteries, including the single-block 24V deep-cycle lead battery.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
809 Aldo Ave. 102
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Gridtential has developed a proprietary technology for an advanced lead-acid battery that replaces the metal grid in current lead-acid battery designs with a silicon substrate. The Gridtential technology yields higher energy density, longer cycle life and deeper depth-of-discharge than incumbent products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Ray Kubis
Chief Executive Officer
John Barton
Co-Founder
Peter Borden
Co-Founder
Michele Klein
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