BoxPower is a startup based in the United States with a mission to provide clean, reliable, and affordable energy solutions to rural consumers. Since its founding in 2016, the company has been focused on delivering solar plus battery backup microgrid systems that can operate anywhere. BoxPower's ecosystem of software and hardware solutions is designed to optimize performance and accelerate the deployment of renewable energy technologies. The company's services span from energy audit to operation, offering turnkey engineering, construction, and management solutions. Furthermore, BoxPower recently secured a Debt Financing investment on 11 March 2024, with participation from VerisFi Capital and ECP ForeStar. This investment underscores the market's confidence in the company's potential to make a significant impact in the energy and manufacturing industries. In summary, BoxPower's commitment to providing clean, reliable, and affordable energy aligns with the growing demand for sustainable solutions. The recent investment signifies a vote of confidence from notable industry players and validates BoxPower's potential for growth and impact in the renewable energy sector.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | Unknown | 2 | VerisFi Capital, ECP ForeStar | 11 Mar 2024 |
Series A | $5.00M | 1 | 09 Feb 2023 | |
Seed Round | $1.50M | 1 | The Draper Richards Kaplan Foundation | 20 Apr 2021 |
Pre Seed Round | Unknown | 1 | 06 Jul 2020 | |
Grant | $1.20M | 1 | 30 Jun 2020 |
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