Primus Power Corporation
Latest round
- Series E
Last raised
- Mar 2017
Total raised
- $92M
Investors
- 7
About Primus Power Corporation
Primus Power Corporation, founded in 2009, is based in Hayward, US. The company focuses on energy storage solutions, particularly through zinc bromide flow batteries.Primus Power Solutions specializes in long-duration energy storage solutions, primarily through their zinc bromide flow battery technology. This innovative product offers a reliable and fade-free energy storage option, designed to support the smart grid and facilitate the integration of renewable energy sources. The flow battery provides stable performance with a lifespan of 20 years, enabling daily cycling without degradation, making it ideal for various applications. Primus Power targets a diverse clientele, serving sectors such as industrial, commercial, utilities, and renewable energy organizations.Primus Power's revenue model is structured around direct sales to businesses and organizations requiring energy storage solutions. The company engages in business-to-business transactions, offering tailored partnerships to clients that include utilities and large commercial enterprises. Their flagship product, the zinc bromide flow battery, is offered through a direct sales model, allowing for customized pricing plans based on client needs and system specifications. Transaction structures may include initial sales followed by ongoing service agreements to ensure optimal performance of the battery systems.Primus Power Corporation aims to enhance its product offerings with upcoming innovations in energy storage technology. The company plans to expand into new markets, particularly targeting regions in Europe and Asia by 2025.
Who invested in Primus Power Corporation
7 investors across 5 rounds
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Questions about Primus Power Corporation
Who invested in Primus Power Corporation?
Primus Power Corporation has 7 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Primus Power Corporation raised?
Primus Power Corporation has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Primus Power Corporation last raise money?
Primus Power Corporation's most recent round on record is a Series E, in Mar 2017.
What does Primus Power Corporation do?
Primus Power Corporation, founded in 2009, is based in Hayward, US.
Where is Primus Power Corporation headquartered?
Primus Power Corporation is headquartered in Hayward, US.
Which VCs invest in companies like Primus Power Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back energy storage & batteries companies at Primus Power Corporation's stage. Their profiles are linked below.
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