# TROES

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/troes

- Industry: Energy Storage & Batteries
- Headquarters: Markham, Canada
- Website: www.troescorp.com
- Total disclosed funding: $1M
- Latest round: Seed (Apr 1, 2021)
- Investors on record: 9

## About

Based in Markham, Canada, and founded in 2018, TROES Corp., doing business as TROES, operates as a business services company that develops and manufactures modular battery energy storage systems for mid-size projects. In June 2020, the company raised USD 0.08 million in seed funding from new investor Brinc, and as of February 2022, TROES Corp. is being led by its founder and Chief Executive Officer, Vienna Zhou.

The company engages in the design, development, and distribution of high-performance Battery Energy Storage Systems (BESS) for mid-sized projects including communities, utility, commercial buildings, factories, educational institutions, and parking spaces. The firm’s systems utilize lithium iron phosphate technology for energy storage, and come in a modular “Off-the-shelf” design, with the capability to deliver energy ranging from 100 kWh to 100MWh. Its IoT-based and Artificial Intelligence (AI) powered proprietary technology enhances the battery life, as well as system efficiency, and its remote monitoring feature allows the user to track the standby battery level, as well as its performance.
TROES Corp.'s product line includes indoor, outdoor, and container cabinet systems, all of which are designed to meet project-specific requirements.

## Funding rounds

- Seed, Apr 1, 2021 — Sustainable Development Technology Canada
- Seed, Mar 1, 2021, $1M — BDC Capital, New Brunswick Innovation Foundation, Artesian, LAUNCHub, The York Angel Investors, High Park Angels, Golden Properties, LLC, Opn

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Seed
- New Brunswick Innovation Foundation (https://capitalatlas.ai/funds/new-brunswick-innovation-foundation) — Seed
- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- LAUNCHub (https://capitalatlas.ai/funds/launchub) — Seed
- The York Angel Investors — Seed
- High Park Angels (https://capitalatlas.ai/funds/high-park-angels) — Seed
- Golden Properties, LLC — Seed
- Opn — Seed
- Sustainable Development Technology Canada (https://capitalatlas.ai/funds/sustainable-development-technology-canada) — Seed