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Flexgen Announces $100 Million Series C To Power Continued Growth

PRIVATEJul 19, 2022

Amount Raised

$100 Million

Round Type

Series C

DurhamEnergySustainabilityNatural ResourcesSoftwareData And Analytics

Description

FlexGen Power Systems, Inc. ("FlexGen", or the "Company"), a leading integration services and software technology provider for energy storage solutions in the U.S. and globally, today announced the close of a $100 million Series C Investment round. The investment is anchored by Vitol, the largest independent energy trading company globally, in partnership with existing investors

Quick answer

FlexGen Power Systems raised $100 Million in a Series C round, dated July 19, 2022. FlexGen Power Systems is based in Durham, North Carolina, United States.

How much did FlexGen Power Systems raise?
FlexGen Power Systems raised $100 Million in a Series C round on July 19, 2022.
What does FlexGen Power Systems do?
FlexGen provides industry-leading software and services for deploying, managing and optimizing battery energy storage systems.
Where is FlexGen Power Systems based and how big is it?
FlexGen Power Systems is based in Durham, North Carolina, United States. Fundz records about 251 employees.
Who are the decision-makers at FlexGen Power Systems?
Fundz holds 3 contacts at FlexGen Power Systems, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as FlexGen Power Systems that raised within 45 days of this round, from Fundz verified event records.

  • Xpansiv raised $400M on July 6, 2022.
  • Metaspectral raised an undisclosed amount (Funding Round) on June 14, 2022.
  • Yotta Energy raised $1.2M (Seed) on August 30, 2022.
  • Great Atlantic Resources raised an undisclosed amount (Funding Round) on July 27, 2022.
  • Vecino Energy Partners raised $200M on July 19, 2022.
  • Blackbuck Resources raised an undisclosed amount (Funding Round) on July 18, 2022.

Who to call at FlexGen Power Systems, and when

A new round usually means FlexGen Power Systems is about to hire and buy. The teams that reach out first get the meeting.

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  • The decision-makers there, with verified emails
  • Who you already know at FlexGen Power Systems, from your own LinkedIn network

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Company Information

Company

FlexGen Power Systems

Location

Durham, North Carolina, United States

About

FlexGen provides industry-leading software and services for deploying, managing and optimizing battery energy storage systems. FlexGen leverages decades of software, engineering, and procurement expertise to solve today’s toughest energy challenges that enable the transition to a modern electric grid. FlexGen HybridOS® energy management software seamlessly integrates with any battery OEM and offers advanced analytics and AI-driven insights that allow energy storage owners to deploy diverse power market strategies and integrate various generation forms, enhancing grid stability and economic returns. Serving more than 25 GWh and over 200 energy storage systems enabled by FlexGen, we are trusted by the most technically and commercially demanding developers, utilities, government agencies, and industrial companies in the world.

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Fundz sees it the moment FlexGen Power Systems raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsKelcy P., Chief Executive Officer hiddenSee plans and pricing
Predictive Intelligence
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FlexGen Power Systems raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.