Upstart Power Announces $17M Series C Financing Round And New Strategic Partnership
Amount Raised
$17 Million
Round Type
Series C
SouthboroughEnergyInvestors
Description
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.
Quick answer
Upstart Power raised $17 Million in a Series C round, dated November 17, 2022. Investors: Cricetus Felix Ventures, H+ Partners and Rodgers Capital. Upstart Power is based in Southborough, Massachusetts, United States.
- How much did Upstart Power raise?
- Upstart Power raised $17 Million in a Series C round on November 17, 2022.
- Who invested in Upstart Power?
- Cricetus Felix Ventures, H+ Partners and Rodgers Capital are named as investors in this round.
- What does Upstart Power do?
- 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.
- Where is Upstart Power based and how big is it?
- Upstart Power is based in Southborough, Massachusetts, United States.
- Who are the decision-makers at Upstart Power?
- Fundz holds 1 contact at Upstart Power, including the Executive Officer, Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy around the same time
Companies in the same sectors as Upstart Power that raised within 45 days of this round, from Fundz verified event records.
- Antrum raised $3.7M (Seed) on December 31, 2022.
- Li-FT Power Ltd raised $773K (Seed) on December 30, 2022.
- Kore Infrastructure raised $219K (Seed) on December 30, 2022.
- Bell Copper Corp raised $100K (Seed) on December 28, 2022.
- Ontario Smart Energy raised an undisclosed amount (Funding Round) on December 27, 2022.
- Samara raised $4.8M (Seed) on December 26, 2022.
Who to call at Upstart Power, and when
A new round usually means Upstart Power is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Upstart Power raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Upstart Power, from your own LinkedIn network
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Related People
Upstart Power 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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