Troes Corp. Successfully Closes Pre-Series A Funding Round And Initiates Series A Financing, Demonstrating Strong Growth Potential In Energy Storage-Centered Microgrid Solutions
Round Type
Pre-Series A
MarkhamEnergyRenewable EnergyEnergy StorageInvestors
Description
TROES Corp. (“TROES”) is delighted to announce the successful closing of its Pre-Series A funding. The round was led by Silicon Valley-based Mobility Innovation fund, which is managed by global leading automotive enterprises SAIC Motor and Wanxiang group. In addition to the equity investment, TROES will receive trading support from this group, utilizing a substantial credit facility provided by JP Morgan, so as to better meet the fast-growing customer demand.
Quick answer
TROES raised an undisclosed amount in a Pre-Series A round, dated July 12, 2023. Investors: JP Morgan and Mobility Innovation Fund. TROES is based in Markham, Ontario, Canada.
- How much did TROES raise?
- TROES raised an undisclosed amount in a Pre-Series A round on July 12, 2023.
- Who invested in TROES?
- JP Morgan and Mobility Innovation Fund are named as investors in this round.
- What does TROES do?
- TROES is revolutionizing the microgrid market by introducing our advanced battery energy storage-centered "Microgrid-in-a-box" solution.
- Where is TROES based and how big is it?
- TROES is based in Markham, Ontario, Canada.
- Who are the decision-makers at TROES?
- Fundz holds 1 contact at TROES. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as TROES that raised within 45 days of this round, from Fundz verified event records.
- NOMAD Transportable Power Systems raised $943K (Seed) on August 11, 2023.
- Redaptive raised $125M (Funding Round) on August 24, 2023.
- FranklinWH raised $25M (Series B) on August 24, 2023.
- Nodal Power raised $13M (Seed) on August 24, 2023.
- Lydian raised $15M on August 21, 2023.
- Greenbacker raised $75M (Funding Round) on August 17, 2023.
Who to call at TROES, and when
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- An alert the day TROES raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at TROES, from your own LinkedIn network
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Related People
TROES 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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