# Advanced Power Projects

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/advanced-power-projects

- Industry: Power & Utilities
- Headquarters: Fremont, US
- Website: www.advancedpowerprojects.com
- Total disclosed funding: $13M
- Latest round: Series A (Mar 18, 2008)
- Investors on record: 3

## About

Advanced Power Projects focuses on delivering innovative energy solutions, specializing in the development and management of renewable energy projects that contribute to a sustainable future.Founded in 2006 and headquartered in Fremont, US, Advanced Power Projects specializes in energy solutions. The company has executed 2 deals to date, with its latest funding round, Series A, raising USD 13.000 mn from investors including Bay Partners, Redpoint Ventures, and Sequoia Capital, bringing the total amount raised to USD 13.000 mn.The company specializes in providing innovative energy solutions, focusing on the development and management of renewable energy projects. Advanced Power Projects offers a diverse portfolio of services tailored to enhance energy efficiency and reduce environmental impact, catering to various sectors.The company generates revenue through service contracts related to energy project development and management. Clients typically engage in long-term agreements based on project size and complexity, enabling a stable revenue stream driven by the increasing demand for renewable energy solutions.Advanced Power Projects has ceased operations and no longer has active growth plans. Previous strategies for growth included potential expansions into new international markets to enhance their renewable energy portfolio.

## Funding rounds

- Series A, Mar 18, 2008, $13M — Bay Partners, Redpoint Ventures, Hong Shan

## Investors

- Bay Partners (https://capitalatlas.ai/funds/bay-partners) — Series A
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A
- Hong Shan — Series A