# IMERGY Power Systems

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

- Industry: Energy Storage & Batteries
- Headquarters: Fremont, US
- Website: www.imergypower.com
- Total disclosed funding: $66M
- Latest round: Series D (Mar 23, 2011)
- Investors on record: 6

## About

IMERGY Power Systems specializes in energy storage solutions, focusing on innovative battery technologies that enhance grid stability and renewable energy integration. They aim to provide sustainable energy systems for various applications.IMERGY Power Systems was founded in 2004 and is headquartered in Fremont, US. The company develops advanced energy storage solutions aimed at improving the efficiency of renewable energy systems. In July 2015, IMERGY raised USD 10 mn in Venture Debt financing to support its growth initiatives. The total amount raised to date is USD 15.71 mn, and the company has completed five deals. IMERGY Power Systems provides advanced energy storage solutions, primarily focusing on innovative battery technologies. Their products enable reliable energy storage and management for grid applications, helping to integrate renewable energy sources more effectively. IMERGY caters to utility companies, businesses, and residential sectors, promoting the use of sustainable energy solutions globally.IMERGY Power Systems generates revenue through the provision of its energy storage products and associated services. Their revenue model is based on sales of energy storage systems, allowing clients to stabilize energy supply and enhance their energy efficiency. This model serves a broad market, including utilities and commercial enterprises.IMERGY Power Systems plans to leverage recent funding to accelerate the development of new energy storage products, particularly those that enhance renewable energy integration. The company aims to enter additional international markets, with targeted expansion into Europe and Asia by 2025. The USD 10 mn raised in their latest funding round will support these initiatives, enabling IMERGY to further innovate and grow its market presence.

## Funding rounds

- Series D, Mar 23, 2011, $16M — New Enterprise Associates
- Series C, May 1, 2009, $30M — Draper Fisher Jurvetson, New Enterprise Associates, Technology Partners, BlueRun Ventures, Element Partners
- Series B, Jan 3, 2008, $15M — Draper Fisher Jurvetson, New Enterprise Associates, BlueRun Ventures, Element Partners, Nokia
- Series A, Sep 18, 2006, $5M — Draper Fisher Jurvetson, BlueRun Ventures, Element Partners

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A, Series B, Series C
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series A, Series B, Series C
- Element Partners (https://capitalatlas.ai/funds/element-partners) — Series A, Series B, Series C
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B, Series C, Series D
- Nokia — Series B
- Technology Partners — Series C