What is Concentric Power?
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:
Debt
$150K
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.
See full Concentric Power company page