# Caban Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/caban-systems

- Industry: Energy Storage & Batteries
- Headquarters: Burlingame, US
- Website: www.cabansystems.com
- Total disclosed funding: $52M
- Latest round: Series B (Jan 4, 2023)
- Investors on record: 6

## About

Caban is a dynamic provider of innovative energy storage solutions, focusing on sustainable and decentralized energy management across various sectors.Caban specializes in advanced battery systems designed to enhance energy resilience. Founded in 2018 in Burlingame, US, the company has successfully executed 1 deal as of April 15, 2025, raising a total of USD 50.00 mn in funding through their latest round. The founder's history is not detailed in the available information.Caban specializes in next-generation energy storage solutions that leverage innovative technologies to provide economical, sustainable, and decentralized energy management. Their core product offerings focus on advanced battery systems designed to enhance energy resilience and flexibility, catering to a wide array of applications including commercial, industrial, and residential sectors. These systems aim to address significant challenges in energy accessibility and efficiency, promoting a shift towards renewable energy sources. The company serves a diverse client base, including energy providers, large-scale enterprises, and environmentally conscious consumers, primarily targeting markets in North America, Europe, and select regions in Asia. Caban's products have been released over the past few years, with ongoing developments aimed at expanding their technological capabilities and market reach.Caban operates a revenue model that is largely based on direct-to-consumer sales and B2B partnerships, focusing on the deployment of its proprietary energy storage systems. Transactions typically occur through tailored agreements with clients, which may involve upfront purchase costs or subscription plans for ongoing service and support. The company’s flagship products, recognized for their efficiency and scalability, are sold under a structured pricing plan that accommodates various customer needs, whether for individual units or larger fleet deployments. Revenue is generated from both direct sales and long-term contracts with commercial partners, ensuring a steady influx of capital as clients seek to enhance their energy storage capabilities. The company's revenue streams are strategically aligned to support its growth trajectory in the burgeoning energy storage market.Caban is focused on innovative enhancements to its existing energy storage solutions, aiming to increase affordability while lowering operational costs. Following their recent funding round, the company plans to design new products and expand its offerings, specifically targeting markets in Europe and select regions in Asia by 2026. The recently raised USD 50.00 mn in funding will be allocated to support these initiatives, enabling Caban to further develop its technology and market presence.

## Funding rounds

- Series B, Jan 4, 2023, $51M — Ontario Power Generation Pension Fund, Inspiration Ventures, Portfolia, Ember Infrastructure, BCP Ventures
- Seed, Apr 25, 2018, $0.7M — Inspiration Ventures, MiLA Capital

## Investors

- Inspiration Ventures (https://capitalatlas.ai/funds/inspiration-ventures) — Seed, Series B
- MiLA Capital (https://capitalatlas.ai/funds/mila-capital) — Seed
- Ontario Power Generation Pension Fund — Series B
- Portfolia (https://capitalatlas.ai/funds/portfolia) — Series B
- Ember Infrastructure — Series B
- BCP Ventures (https://capitalatlas.ai/funds/bcp-ventures) — Series B