Chrysalix invests in Primus Power’s $25 mln Series D funding
Primus Power Corp, a U.S.-based grid-scale energy storage technology company, has raised US$25 million in Series D financing. The round, led by I2BF Global Ventures, included participation from Russia-Kazakhstan Nanotechnology Fund and existing investors. The latter included Canadian venture capital firm Chrysalix Energy Venture Capital, which has contributed to the company's US$60 million in funding since 2009. The Hayward, Calif.-based Primus said the latest investment will support the acceleration of product shipments in North America, the company's ability to respond to new demand, and the forming of new strategic partnerships.
9 September 2015•4 mins read
