What is Hi Power?
Hi Power operates at the intersection of industrial electrical engineering and advanced automation, providing bespoke control solutions for the oil and gas sector. The company specializes in high-stakes technical services, including Variable Frequency Drive (VFD) programming, the deployment of Lease Automatic Custody Transfer (LACT) skids, and sophisticated pump controller integration. Beyond its core automation offerings, Hi Power maintains a robust service portfolio that encompasses comprehensive electrical infrastructure support for industrial, commercial, and large-scale residential projects. By delivering custom-engineered solutions that optimize production and ensure regulatory compliance, the firm has established itself as a mission-critical partner for operators navigating the complexities of modern energy extraction.
How much funding has Hi Power raised?
Hi Power has raised a total of $318K across 2 funding rounds:
Debt
$150K
Debt
$168K
Debt (2020): $150K with participation from PPP
Debt (2021): $168K led by PPP
Key Investors in Hi Power
PPP
Public-Private Partnership
What's next for Hi Power?
With the successful closure of this late-stage financing, Hi Power is poised to accelerate its strategic growth initiatives. The company is expected to prioritize the scaling of its field service operations and the enhancement of its proprietary automation software suite. As the energy industry continues to prioritize operational efficiency and digital transformation, Hi Power's focus on precision control and reliable electrical maintenance positions it to capture additional market share. Future efforts will likely center on expanding its technical workforce and investing in next-generation hardware to meet the evolving demands of industrial clients across the Rocky Mountain corridor. This capital deployment strategy is designed to ensure long-term sustainability and competitive advantage in an increasingly automated industrial landscape.
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