Tech Company Financing Transactions
Powin Funding Round
GIC, Energy Impact Partners and Trilantic North America joined a $135 million funding round for Powin. The financing round was announced by the company on 7/14/2022.
Transaction Overview
Company Name
Announced On
7/14/2022
Transaction Type
Venture Equity
Amount
$135,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Investment will provide significant capital in support of Powin's continued growth and international expansion
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
20550 Southwest 115th Ave
Tualatin, OR 97062
USA
Tualatin, OR 97062
USA
Phone
Website
Email Address
Overview
The next decade is critical for transforming the way that we generate, transmit, distribute, and consume electricity as a global society. Our mission is to lead the sustainable transformation of the outdated electric grid through increased renewables penetration, non-wires alternatives, and power decentralization. Our safe and cost-effective energy storage solutions are revolutionizing the way energy is generated, transmitted, and distributed for utilities, IPPs, and energy consumers worldwide. Our energy storage systems are helping to mitigate the economic and environmental impacts of climate change by ensuring that no energy is left to waste.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Geoff Brown
Chief Financial Officer
Tom O'Flynn
Chief Operating Officer
Stuart Bolland
Chief Technical Officer
Stu Statman
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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