Overview

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Total Equity Funding
$92.1M in 5 Rounds from 9 Investors
Most Recent Funding
$32M Series E on March 26, 2017
Headquarters:
Hayward, California
Description:
Primus Power manufactures big batteries for the Smart Grid and 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 second generation EnergyPod 2 announced production February 21, 2017 with a reduced footprint, low cost of goods, and high reliability components to deliver superior power density.

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) - $112.1M

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DateAmount / RoundValuationLead InvestorInvestors
Mar, 2017$32M / Series E5
Sep, 2015$25M / Series D4
Feb, 2014$20M / Grant4
Feb, 2014$20M / Series C2
May, 2011$11M / Series B4
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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