Energy Storage Company Raises $29.5 M
Xtreme Power, a provider of Dynamic Power Resources (DPRs) for utility-scale power management and energy storage systems, announced the close of a $29.5 million financing round co-led by Bessemer Venture Partners, The Dow Chemical Company through its Venture Capital group and existing investor SAIL Venture Partners.
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"After six months of using the power saver my bill keeps dropping. I am on the levelized payment plan and the power company keeps dropping my payment amount. I went from a negative deferred balance to currently $106.02 balance and still growing every month!" - Jayson Huggins, FL
