Tech Company Financing Transactions

Mainspring Energy Funding Round

Mainspring Energy closed a $150 million Series E funding round on 5/24/2022. Investors included Lightrock, Fidelity Investments Canada and Fine Structure Ventures.

Transaction Overview

Company Name
Announced On
5/24/2022
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series E
Proceeds Purpose
Mainspring will use the funds to develop new linear generator models and to accelerate the commercial, industrial, datacenter and utility adoption of Mainspring Linear Generators producing zero-carbon electricity.

Company Information

Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
3601 Haven Ave.
Menlo Park, CA 94025
USA
Phone
Undisclosed
Email Address
Overview
Mainspring was founded in 2010 by three Stanford engineers seeking a new approach to generating clean, resilient, affordable electricity. Their research into high-efficiency methods of converting fuel to electricity led to the founding of the company and the development and prototype of their first linear generator. They also built a culture of collaboration and innovation.
Profile
Mainspring Energy LinkedIn Company Profile
Social Media
Mainspring Energy Company Twitter Account
Company News
Mainspring Energy News
Facebook
Mainspring Energy on Facebook
YouTube
Mainspring Energy on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Shannon Miller
  Shannon Miller LinkedIn Profile  Shannon Miller Twitter Account  Shannon Miller News  Shannon Miller on Facebook
Chief Operating Officer
David DeGraaff
  David DeGraaff LinkedIn Profile  David DeGraaff Twitter Account  David DeGraaff News  David DeGraaff on Facebook
Chief Technical Officer
Matthew Svrcek
  Matthew Svrcek LinkedIn Profile  Matthew Svrcek Twitter Account  Matthew Svrcek News  Matthew Svrcek on Facebook
VP - Bus. Development
John Igo
  John Igo LinkedIn Profile  John Igo Twitter Account  John Igo News  John Igo on Facebook
VP - Finance
Ryan Fletcher
  Ryan Fletcher LinkedIn Profile  Ryan Fletcher Twitter Account  Ryan Fletcher News  Ryan Fletcher on Facebook
VP - Operations
Ken Poczekaj
  Ken Poczekaj LinkedIn Profile  Ken Poczekaj Twitter Account  Ken Poczekaj News  Ken Poczekaj on Facebook
VP - Product Management
Yannick Roux
  Yannick Roux LinkedIn Profile  Yannick Roux Twitter Account  Yannick Roux News  Yannick Roux on Facebook
VP - Product Management
Adam Simpson
  Adam Simpson LinkedIn Profile  Adam Simpson Twitter Account  Adam Simpson News  Adam Simpson on Facebook


 

 

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We do our best to record every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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