logo
logo

Upstart Power announced it raised $22.5 Million in an initial filing from an offering of $38.3 Million

Jul 15, 2024over 1 year ago

Amount Raised

$22.5 Million

SouthboroughEnergy

Company Information

Company

Upstart Power

Location

153 NORTHBORO ROAD

Southborough, Massachusetts, United States

About

Upstart Power designs and produces market disruptive solid oxide fuel cell (SOFC) generators that are dependable, sustainable, carbon efficient, and virtually silent for Residential and Industrial applications. The Upgen™ Power system from Upstart Power works collaboratively with intermittent renewable sources like solar and battery storage and will ‘cycle on’ when other sources are unavailable, providing 24-7-365, long-duration backup power generation. Upstart Power is a privately held company.

Related People

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech