Upstart Power Announces $17M Series C Financing Round And New Strategic Partnership
11/17/22, 12:36 PM
Location
southboroughMoney raised
$17 million
Industry
energy
Round Type
series c
Investors
Cricetus Felix Ventures, H+ Partners, Rodgers Capital
Upstart Power, a leading developer and manufacturer of solid oxide fuel cell (SOFC) power systems for on-demand backup power and distributed generation, announces the closing of a $17 million Series C financing. The new funds will be used to accelerate the ongoing global commercialization of Upstart’s innovative UpgenTM platform of next-generation on-demand backup and grid-augmenting solid oxide fuel cell generators.
Company Info
Location
153 northboro road
southborough, massachusetts, united states
Additional Info
Upstart Power designs and produces market disruptive solid oxide fuel cell (SOFC) generators that are dependable, sustainable, carbon efficient, and virtually silent for Residential and Industrial applications. The Upgen™ Power system from Upstart Power works collaboratively with intermittent renewable sources like solar and battery storage and will ‘cycle on’ when other sources are unavailable, providing 24-7-365, long-duration backup power generation. Upstart Power is a privately held company.