Tech Company Financing Transactions
Powerhive Funding Round
Prelude Ventures, Caterpillar Venture Capital and PI Holdings invested in a $20 million Series A funding round for Powerhive. The financing round was recorded on 1/26/2016.
Transaction Overview
Company Name
Announced On
1/26/2016
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Prelude Ventures (Lead Investor) (Timothy Woodward)
Proceeds Purpose
Proceeds will support Powerhive's expansion into new markets in Africa and the Asia-Pacific, as well as continued growth in Kenya where the company has operated rural microgrids since 2012.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
816 Bancroft Way
Berkeley, CA 94710
USA
Berkeley, CA 94710
USA
Phone
Undisclosed
Website
Email Address
Overview
Powerhive is a technology venture founded in 2011 that partners with utilities and independent power producers to provide access to productive, affordable, and reliable microgrid electricity for millions of rural homes and businesses around the globe.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Zachary Ayieko
Chief Executive Officer
Christopher Hornor
VP - Bus. Development
Rik Wuts
VP - Engineering
Steve Kraft
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We do our best to document every notable VC transaction. All VC database entries on this site come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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