Amount Raised
$100 Million
Round Type
Venture
New YorkEnergySoftwareRenewable EnergySolarEnergy ManagementInvestors
Description
PowerFlex, an EDF Renewables North America affiliate and leading provider of intelligent solar, storage, and electric vehicle (EV) charging solutions for commercial and industrial customers, today announced a $100 million investment from Manulife Investment Management (Manulife IM) on behalf of investors. With this transaction, Manulife IM holds a minority stake in PowerFlex and has joined its Board of Directors; EDF Renewables retains majority ownership. Manulife IM has also acquired a portfolio of existing operating assets to serve as the basis for a dedicated financing vehicle for future projects.
Quick answer
PowerFlex raised $100 Million in a funding round, dated December 13, 2022. Investors: Manulife Investment Management. PowerFlex is based in New York, New York, United States.
- How much did PowerFlex raise?
- PowerFlex raised $100 Million in a funding round on December 13, 2022.
- Who invested in PowerFlex?
- Manulife Investment Management is named as investors in this round.
- What does PowerFlex do?
- PowerFlex, an EDF Renewables affiliate, is a leading national provider of intelligent onsite energy solutions that support carbon-free electrification and transportation.
- Where is PowerFlex based and how big is it?
- PowerFlex is based in New York, New York, United States.
- Who are the decision-makers at PowerFlex?
- Fundz holds 1 contact at PowerFlex, including the Director of Business Development. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as PowerFlex that raised within 45 days of this round, from Fundz verified event records.
- Caban raised $51M (Series B) on January 4, 2023.
- Fuergy raised $17M (Funding Round) on January 24, 2023.
- Eos Energy Enterprises raised $14M on January 19, 2023.
- Ontario Smart Energy raised an undisclosed amount (Funding Round) on December 27, 2022.
- Samara raised $4.8M (Seed) on December 26, 2022.
- Ascent Solar Technologies raised $50M on December 20, 2022.
Who to call at PowerFlex, and when
A new round usually means PowerFlex is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day PowerFlex raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at PowerFlex, from your own LinkedIn network
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Related People
PowerFlex raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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