Instagrid replaces gas-powered generators with electric alternatives. Check out the 23-slide pitch deck it used to raise $95 million.
Jan 23, 2024•almost 2 years ago
Amount Raised
$95 Million
LudwigsburgAppliances, Electrical, and Electronics ManufacturingInvestors
Set VenturesEnergy Impact PartnersMorgan Stanley's Climate Fund 1 GtTeachers' Venture Growth (Tvg)
Description
Instagrid has raised $95 million in a Series C funding round. The fresh funds will be used to expand the rollout of the current system, launch additional powerful electric generator systems, and expand into North America. The company also plans to release a low-voltage model and accessories, as well as working on a large-scale power unit for 2025.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech