DESTIN POWER
Latest round
- Series C
Last raised
- Sep 2018
Total raised
- $5.9M
Investors
- 5
About DESTIN POWER
Destin Power Inc.Founded in 2012 in South Korea, Destin Power Inc. focuses on delivering advanced power conversion solutions. The company's founder, Seong-jin Oh, has a notable history in the energy sector.Destin Power specializes in advanced power conversion technologies, offering products such as Energy Storage Systems (ESS), bidirectional power conversion systems, high-availability power quality systems, and hydrogen solution power conversion systems. Their offerings aim to improve energy efficiency and reliability across various applications, particularly in renewable energy integration, electric vehicle charging, and hydrogen fuel cell systems.Destin Power generates revenue through direct sales of its power conversion products and solutions, focusing on business-to-business clients in the energy sector. The company typically engages in long-term contracts with clients, including major corporations and government entities, for bulk orders of customized solutions. The company is also focused on the design and launch of new products, although specific release dates have not been disclosed. Furthermore, Destin Power aims to expand its market presence in specific regions, including Asia and Europe, to capitalize on growing opportunities in the energy sector.
Who invested in DESTIN POWER
5 investors across 1 round
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Funding rounds
Series C
Sep 29, 2018
Amount
$5.9M
Investors
Questions about DESTIN POWER
Who invested in DESTIN POWER?
DESTIN POWER has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has DESTIN POWER raised?
DESTIN POWER has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did DESTIN POWER last raise money?
DESTIN POWER's most recent round on record is a Series C, in Sep 2018.
Where is DESTIN POWER headquartered?
DESTIN POWER is headquartered in South Korea.
Which VCs invest in companies like DESTIN POWER?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back companies at DESTIN POWER's stage. Their profiles are linked below.
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