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Prudent Energy
About
Prudent Energy designs and manufactures Vanadium Redox Battery Energy Storage System (VRB-ESS®), an advanced flow battery system.
- 11 - 50
Highlights
Details
- Last Funding Type
- Series C
- Last Funding Money Raised
- $22M
- Industries
- Energy,Energy Management,Energy Storage,Manufacturing
- Founded date
- Jan 1, 2007
- Number Of Employee
- 11 - 50
- Operating Status
- Active
Prudent Energy is the designer, manufacturer, and integrator of the patented Vanadium Redox Battery Energy Storage System (VRB-ESS®), a long-life, advanced flow battery system. Prudent's VRB-ESS® allows utility customers to balance load, bridge generation, and regulate voltage and frequency in one low maintenance system. Prudent also sells or leases VRB® systems and services to commercial onsite generators and telecoms companies to reduce their operating expenses and provide backup power. Unlike other advanced battery systems, Prudent's VRB® system operates at room temperature, cycles at 100% without damage to power capacity, and uses an energy-storing electrolyte that never wears out.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Mar 2, 2010 | Series C | $22M | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Sequoia Capital
|
— | Series C |
