Gravity Renewables
Latest round
- Series C
Last raised
- Jan 2014
Total raised
- Undisclosed
Investors
- 3
About Gravity Renewables
Gravity Renewables was founded in Boulder, US in 2010. The company specializes in improving the operational efficiency of hydropower plants.Gravity Renewables specializes in the redevelopment of underutilized hydropower assets, primarily focusing on run-of-river hydropower plants. The company enhances the operational efficiency of these facilities to provide reliable, clean energy, thereby addressing the growing demand for sustainable power solutions. Its portfolio includes a mix of 21 legacy hydropower plants and newly acquired assets, including 15 hydroelectric plants and one solar project.Gravity Renewables has a revenue model based on long-term power purchase agreements (PPAs) with various clients, including municipalities and utility providers. These contracts establish fixed pricing for energy supplied over an extended period, contributing to stable revenue streams. The acquisition of Gravity Renewables significantly boosts its power generation capacity, enhancing its position in the renewable energy sector. The company is focusing on developing new renewable energy projects to increase its capacity and enhance its service offerings. Future initiatives involve exploring opportunities in additional markets, particularly in the Northeastern United States, to further supply clean energy solutions. Specific timelines for upcoming product launches and geographic expansion will be announced as developments progress.
Who invested in Gravity Renewables
3 investors across 2 rounds
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Questions about Gravity Renewables
Who invested in Gravity Renewables?
Gravity Renewables has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Gravity Renewables raised?
Gravity Renewables has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Gravity Renewables last raise money?
Gravity Renewables's most recent round on record is a Series C, in Jan 2014.
What does Gravity Renewables do?
Gravity Renewables was founded in Boulder, US in 2010.
Where is Gravity Renewables headquartered?
Gravity Renewables is headquartered in Boulder, US.
Which VCs invest in companies like Gravity Renewables?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Gravity Renewables's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series C
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