Primus Power manufactures big batteries for the Smart Grid and scalable energy storage in a Zinc Bromine flow battery.
Primus Power is a privately held, Northern California based producer of flow batteries: Big Batteries for the Smart Grid. These patented, liquid batteries provide flexible capacity from 25kW to 25MW, for stationary, grid scale applications. Primus' EnergyPod provides 5 hours of energy discharge and a long twenty year life span. These Zinc Bromine batteries are safe and low maintenance. The company has systems installed and working in the field both domestically and internationally and has a growing backlog. The second generation EnergyPod 2 announced production February 21, 2017 with a reduced footprint, low cost of goods, and high reliability components to deliver superior power density.The company has proven technology with installed systems that are working in the field. Investors include Nancy Pfund at DBL Investors, Vancouver based Chrysalix Energy VC, I2BF, Palo Alto based Kleiner Perkins, Anglo American, Rusnano, and Kazyna Capital Management.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Mar 26, 2017 | Series E | $32M | 1 | — | — | Detail |
Feb 4, 2014 | Series C | $20M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Success Dragon | — | Series E |
US Department of Energy | — | Series C |