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Overview
Planetary Power’s vision is to make clean and affordable energy accessible anywhere on the planet. Today over 1.8 billion people live outside the reach of a reliable power grid and depend on distributed, or off-grid, power generation.
At Planetary Power, we have developed hybrid power generation technology that uses the best of renewable and conventional technology to reduce the cost and environmental impact of off-grid power generation with no compromise in reliability. HyGen, our hybrid generator, is a fully integrated hybrid power generation system that replaces diesel generators and consumes 60% less fuel. Our initial focus is on the over 1 million off-grid telecommunications towers around the world currently powered by diesel generators.
Planetary Power, based in Redmond, WA, was co-founded by Eric Anderson, co-founder of Space Adventures and Planetary Resources, and our investors include the Forbes family, Ross Perot Jr, XPRIZE Founder and NYT bestselling author Peter Diamandis, and other notable individuals who share our vision for a connected world powered by distributed energy.
About
Telecommunications, Energy, Energy Efficiency
2007
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Planetary Power, Inc. headquartered in United States, North America, operates in the Telecommunications, Energy, Energy Efficiency sector. The company focuses on Telecommunications and has secured $262.6M in funding across 48 round(s). With a team of 11-50 employees, Planetary Power, Inc. is actively contributing to advancements in Telecommunications. Their latest funding round, Convertible Note - Planetary Power, Inc., raised $Unknown amount. Discover more about their projects, partnerships, and impact on our platform.
Employees
N/A
Funding Rounds
4
1
0
$5.5M
Details
2
Planetary Power, Inc. has raised a total of $5.5M in funding over 2 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2016 | Early Stage Venture | 3.4M | ||
2013 | Seed |
Investors
Planetary Power, Inc. is funded by 8 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Planetary Power, Inc. | - | FUNDING ROUND - Planetary Power, Inc. | 3.4M |
Eric Anderson | - | FUNDING ROUND - Eric Anderson | 3.4M |
Planetary Power, Inc. | - | FUNDING ROUND - Planetary Power, Inc. | undefined |
Dylan Taylor | - | FUNDING ROUND - Dylan Taylor | undefined |
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