# eSite Power Systems

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

- Industry: IT Infrastructure
- Headquarters: Lidköping, Sweden
- Website: www.esitepowersystems.com
- Total disclosed funding: $24M
- Latest round: Series A (May 28, 2013)
- Investors on record: 3

## About

Based in Sweden, eSite Power Systems AB is a provider of innovative energy management solutions, specializing in renewable energy systems and backup power solutions for various industries.eSite Power Systems AB, founded in 2007 and headquartered in Lidköping, Sweden, focuses on delivering advanced energy solutions. The company has been involved in six investment deals, with its latest funding round being a Series A of SEK 160.00 mn on January 23, 2023. The primary investors in this round include AP-Fonden 2, Industrifonden, and the International Finance Corporation. In January 2023, eSite Power Systems AB was acquired by Clear Blue Technologies, Inc., enhancing its market capabilities and expansion potential.eSite Power Systems specializes in providing advanced energy management systems, renewable energy solutions, and backup power systems designed to optimize energy consumption and ensure reliable power supply. The company caters to a wide range of clients, including commercial enterprises and government institutions across North America, Europe, and select Asian markets, focusing on customer-specific applications to improve sustainability and cost-effectiveness.In 2018, eSite Power Systems reported revenue of SEK 42,458,000 with an EBITDA of SEK -15,654,835. Revenue generation is primarily through direct sales and service agreements related to energy management systems and backup power solutions, emphasizing long-term client partnerships.The recent acquisition by Clear Blue Technologies, Inc. will facilitate eSite Power Systems' expansion into new markets. The company aims to leverage the SEK 160.00 mn from the SERIES A funding to enhance product offerings and develop new solutions. Specific plans include the launch of innovative energy management products targeted for release in 2024, along with strategic efforts to penetrate additional markets in Europe and Asia.

## Funding rounds

- Series A, May 28, 2013, $24M — AP-Fonden 2, International Finance Corporation, Industrifonden

## Investors

- AP-Fonden 2 — Series A
- International Finance Corporation — Series A
- Industrifonden (https://capitalatlas.ai/funds/industrifonden) — Series A