PowerPHASE
Latest round
- Series A
Last raised
- Nov 2017
Total raised
- Undisclosed
Investors
- 1
About PowerPHASE
Founded in 2012 in Jupiter, US, PowerPHASE LLC specializes in enhancing gas turbine technology. The company has undergone strategic pivots to focus on innovative solutions for energy efficiency. Bob Kraft serves as the CEO, while Bernays Barclay is the founder, who has a history of entrepreneurship in the energy sector.PowerPHASE LLC specializes in innovative solutions designed to enhance the performance and efficiency of gas turbines, primarily through two flagship products: Turbophase and Fastlight Energy Storage (FSE). Turbophase is an advanced aerothermal system that improves gas turbine responsiveness, output, and profitability without imposing heat rate or maintenance penalties. This technology allows gas or liquid fuel-fired combustion turbine power plants to achieve up to a 20% increase in capacity, regardless of ambient conditions. The Fastlight Energy Storage solution empowers operators to convert existing gas turbines into energy storage systems capable of delivering 2-3 times their nameplate capacity while consuming only half the fuel for the same output.PowerPHASE LLC generates revenue through the sale and installation of its proprietary products, primarily Turbophase and Fastlight Energy Storage. The business model is structured around direct sales to utility companies and power plant operators, who benefit from the enhancements these systems provide. Transactions typically involve the purchase of equipment and subsequent installation services, with the potential for ongoing maintenance agreements. The company’s offerings are positioned as high-value investments for clients looking to optimize their energy production capabilities and efficiency.PowerPHASE LLC is focusing on designing and launching new products that enhance the operational capabilities of gas turbines. The company aims to expand into new markets, specifically targeting regions in Southeast Asia and the Middle East by the end of 2023.
Who invested in PowerPHASE
1 investor across 1 round
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Funding rounds
Series A
Nov 15, 2017
Amount
Undisclosed
Investors
Questions about PowerPHASE
Who invested in PowerPHASE?
PowerPHASE has 1 investor 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 PowerPHASE raised?
PowerPHASE has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did PowerPHASE last raise money?
PowerPHASE's most recent round on record is a Series A, in Nov 2017.
What does PowerPHASE do?
Founded in 2012 in Jupiter, US, PowerPHASE LLC specializes in enhancing gas turbine technology.
Where is PowerPHASE headquartered?
PowerPHASE is headquartered in Jupiter, US.
Which VCs invest in companies like PowerPHASE?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at PowerPHASE's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series A
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