NRStor
Latest round
- Seed
Last raised
- Jun 2012
Total raised
- Undisclosed
Investors
- 2
About NRStor
NRStor Inc.Founded in 2012 in Toronto, Canada, NRStor Inc. specializes in innovative energy storage technologies. The company has not undergone any significant pivots or changes in operations. Bill Faasen serves as the CEO.C.NRStor Inc. specializes in developing and operating innovative energy storage solutions that enhance the reliability and sustainability of electricity systems across diverse applications. Its core product offerings include large-scale battery storage projects, such as the Oneida Energy Storage Project, one of the largest clean energy storage facilities globally, and a range of microgrid solutions aimed at reducing diesel fuel dependence in remote communities. Additionally, NRStor provides emissions-free, behind-the-meter energy storage solutions for commercial and industrial clients, as well as residential customers through the Tesla Powerwall home battery. These products and services primarily target markets in Canada and are designed to address challenges related to energy cost savings, environmental sustainability, and energy independence.NRStor generates revenue through various business models, including partnerships and direct sales of energy storage solutions to utilities, commercial clients, and residential customers. The company's flagship products, such as the Tesla Powerwall and its large-scale energy storage projects, typically involve structured agreements where clients pay for the installation and ongoing maintenance of the systems. These transactions may be structured as one-time purchases or subscription-based models for service and support, catering to the specific needs of the clients. Revenue is also derived from collaborative projects that align with governmental initiatives aiming to enhance the electricity grid's reliability and integrate renewable energy sources.Looking ahead, NRStor Inc. is focused on designing and launching new energy storage products, with plans for upcoming innovations that cater to evolving market needs. The company aims to expand its presence in international markets, particularly targeting regions where energy reliability and sustainability are critical.00 mn will be utilized to support these initiatives, enhancing product development and market expansion efforts. Additionally, the company seeks to leverage its recent partnerships to boost its capabilities and reach within the energy sector.
Who invested in NRStor
2 investors across 1 round
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Funding rounds
Seed
Jun 1, 2012
Amount
Undisclosed
Investors
Questions about NRStor
Who invested in NRStor?
NRStor has 2 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 NRStor raised?
NRStor has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did NRStor last raise money?
NRStor's most recent round on record is a Seed, in Jun 2012.
What does NRStor do?
NRStor is a energy storage & batteries company.
Where is NRStor headquartered?
NRStor is headquartered in Toronto, Canada.
Which VCs invest in companies like NRStor?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at NRStor's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Seed
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