Upstart Power
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $125k | Seed | |
N/A | Seed | ||
* | $17.0m | Series C | |
* | N/A | $22.5m | Late VC |
Total Funding | AUD61.3m |
Recent News about Upstart Power
EditUpstart Power is a company focused on revolutionizing distributed electricity generation by leveraging advanced fuel cell technology, solar, and battery systems. The company primarily serves residential clients who require reliable, low-emission backup power solutions. Operating in the renewable energy market, Upstart Power's business model revolves around the development and sale of Solid Oxide Fuel Cell (SOFC) generators. These generators are designed to replace traditional internal combustion engine generators, offering a quieter, more efficient, and environmentally friendly alternative. The company generates revenue through the direct sale of these generators and potentially through service and maintenance contracts. Upstart Power's products are particularly suited for integration with solar and battery storage systems, providing a seamless and dependable energy solution.
Keywords: Solid Oxide Fuel Cell, distributed power, renewable energy, residential backup, low-emission, solar integration, battery storage, efficient generators, quiet operation, market disruptive.