Powergetics Raises $10.2M of Planned $14.2M
San Francisco-based Powergetics Inc. has raised $10.2 million of a planned $14.2 million financing round, according to a regulatory filing. Zeb Rice, the co-founder and a managing partner of Angeleno Group; and San Francisco-based investor David Buzby are among the two-year-old company’s directors. According to the company’s LinkedIn page, Powergetics is developing intelligent energy storage systems designed to “reduce power costs, increase operational efficiencies, maximize renewable generation value and reduce greenhouse gas emissions.”
7 September 2011•1 min read
