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Caban Systems Raises $51M Series B To Accelerate Growth

PRIVATEJan 04, 2023

Amount Raised

$51 Million

Round Type

Series B

BurlingameInformation TechnologyEnergyOil And GasSoftwareRenewable EnergyEnergy ManagementEnergy Storage

Investors

Inspiration VenturesOntario Power Generation Pension FundBCP Ventures

Description

Caban Systems, Inc. ("Caban"), a leader in next-generation renewable energy solutions for critical infrastructure, has raised $51M to accelerate its global expansion strategy. The Series B round was led by investor BCP Ventures with participation from Ontario Power Generation Pension Fund, Ember Infrastructure, Portfolia, and Inspiration Ventures.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Caban that raised within 45 days of this round, from Fundz verified event records.

  • NovoHydrogen raised an undisclosed amount (Seed) on February 7, 2023.
  • Fuergy raised $17M (Funding Round) on January 24, 2023.
  • Eos Energy Enterprises raised $14M on January 19, 2023.
  • PowerFlex raised $100M on December 13, 2022.
  • QiO raised $10M (Funding Round) on February 16, 2023.
  • Ampotech raised $1.3M (Seed) on February 8, 2023.

Who to call at Caban, and when

A new round usually means Caban is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Caban raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Caban, from your own LinkedIn network

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Company Information

Company

Caban

Location

858 STANTON ROAD

Burlingame, California, United States

About

Caban is an energy infrastructure provider, offering end-to-end solutions for some of the largest telecommunications companies in the world. Pioneering a best-in-class intelligent energy management system for the telecommunication infrastructure industry, Caban delivers modern infrastructure solutions to its customers, substantially reducing operational expenses, GHG emissions and increasing uptime. Caban designs and manufactures software-enabled lithium-ion energy management systems for primary and backup power telecom applications.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Caban raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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