Powerhive Secures $20,000,000 Series A Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c0be5287-67d3-4bfd-a08f-4810d6eb5803 - Date
1/26/2016 - Company Name
Powerhive - Mailing Address
816 Bancroft Way Berkeley, CA 94710 USA - Company Description
Powerhive is a technology venture founded in 2011 that partners with utilities and independent power producers to provide access to productive, affordable, and reliable microgrid electricity for millions of rural homes and businesses around the globe. - Website
http://www.powerhive.com - Transaction Type
Venture Equity - Transaction Amount
$20,000,000 - Transaction Round
Series A - Proceeds Purposes
Proceeds will support Powerhive’s expansion into new markets in Africa and the Asia-Pacific, as well as continued growth in Kenya where the company has operated rural microgrids since 2012. - M&A Terms
- Venture Investor
Prelude Ventures - Venture Investor
Caterpillar - Venture Investor
Total Energy Ventures - Venture Investor
Tao Capital Partners - Venture Investor
PI Holdings
