Overview

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Total Equity Funding
$70.1M in 5 Rounds from 7 Investors
Most Recent Funding
$25M Series D on September 9, 2015
Headquarters:
Hayward, California
Description:
Maker of Big Batteries for the Smart Grid. 25kW to 25MW, scalable energy storage in a Zinc Bromine flow battery.
Founders:
,
Categories:
Energy, CleanTech, Renewable Energy, Battery
Website:
http://www.primuspower.com
Social:

Company Details

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Primus Power is a privately held, Northern California based producer of flow batteries: Big Batteries for the Smart Grid. These patented, liquid batteries provide flexible capacity from 25kW to 25MW, for stationary, grid scale applications. Primus' EnergyPod provides 5 hours of energy discharge and a long twenty year life span. These Zinc Bromine batteries are safe and low maintenance. The company has systems installed and working in the field both domestically and internationally and has a growing backlog. The company has proven technology with installed systems that are working in the field. Investors include Nancy Pfund at DBL Investors, Vancouver based Chrysalix Energy VC, I2BF, Palo Alto based Kleiner Perkins, Anglo American, Rusnano, and Kazyna Capital Management.

Funding Rounds (6) - $90.1M

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DateAmount / RoundValuationLead InvestorInvestors
Sep, 2015$25M / Series D5
Sep, 2014$10M / Series C1
Feb, 2014$20M / Grant4
Feb, 2014$20M / Series C2
May, 2011$11M / Venture4
Apr, 2010$4.1M / Series A2

Current Team (5)

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Products (1)

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  • Scalable and Configurable Big Battery for the Smart Grid: 25kW to 25MW with 5 hour discharge and 20 year life.

Offices/Locations (1)

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  • California Headquarters

    3967 Trust Way

    Hayward, California 94545

    United States

Images (5)

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