InnoCit

InnoCit is a technology transfer and product development company based in Saint James, Missouri that focuses on advanced power electronic converters and technologies. With more than 5,000 sq. ft. of office and laboratory space on a 9.5-acre property, InnoCit is dedicated to becoming the leading provider of power electronic solutions in solar, energy storage, and automotive applications. The company has garnered attention and support by receiving Phase I and Phase II SBIR awards from the U.S. Department of Energy (DOE) for the design and development of grid-tied inverters for battery energy storage systems. Additionally, InnoCit has been awarded a Phase I SBIR award from NSF for the design and development of solar string inverters. Notably, InnoCit is a member of PowerAmerica, a DOE center focused on the advancement and commercialization of wide bandgap semiconductor technologies, and the Missouri Energy Initiative (MEI). Established in 2014, InnoCit operates within the design and manufacturing industries. As of now, the details of their last investment and the involved investors are not publicly available.