How Much Did Concentric Power Raise?
Funding & Key Investors

Concentric Power Inc. has secured $639K in total capital, with its most recent financing round bringing in $489K through a major strategic investment. This enterprise-level funding underscores the company's significant progress in the intelligent microgrid development sector.

What is Concentric Power?

Concentric Power
ConstructionCivil Engineering ConstructionArchitecture, Engineering & Design

Concentric Power Inc. is a vertically integrated intelligent microgrid developer headquartered in California, with operations in Salinas and Campbell. The company specializes in engineering, procurement, construction, operations, and maintenance services for agricultural, industrial, and community applications. As a licensed Class A General Engineering Contractor, Concentric Power is dedicated to addressing contemporary grid challenges by delivering reliable and responsive solutions through its expert team and robust supply chain.

How much funding has Concentric Power raised?

Concentric Power has raised a total of $639K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$489K

Debt (2020): $150K with participation from PPP

Debt (2021): $489K led by PPP

Key Investors in Concentric Power

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Concentric Power?

The recent major strategic investment positions Concentric Power for accelerated growth and enhanced capabilities in the critical infrastructure and renewable energy markets. This capital infusion is expected to bolster the company's capacity to undertake larger-scale projects and further innovate in microgrid technology, solidifying its role in modernizing energy grids and promoting sustainable power solutions.

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Frequently Asked Questions Regarding Concentric Power Financial Insights

What are the most recent funding rounds that Concentric Power has completed, and what were the funding rounds?
Concentric Power has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Concentric Power has raised to date?
Concentric Power has raised a total of $639K in funding to date.
How many funding rounds has Concentric Power completed?
Concentric Power has completed 2 funding rounds.
How much funding did Concentric Power raise in its most recent funding round?
Concentric Power raised $489K in its most recent funding round.
Who are the lead investors in Concentric Power's latest funding round?
The lead investor in Concentric Power's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Concentric Power's history?
The largest funding round in Concentric Power's history was $489K.
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