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Prudent Energy

Description

Developer of electrical energy storage system. The company develops an electrical energy storage system based on the vanadium-based redox regenerative fuel cell that converts chemical energy into electrical energy. Its system is used in wind and photo-voltaic power generation, remote area power supply, telecommunications, capital deferral, load leveling/peak shaving and smart grids and self healing networks applications.

2006

Founded

PRIVATE

Status

51-200

Employees

Series D

Latest Deal Type

$29.5M

Latest Deal Amount

$61.5M

Total Amount Raised

Description

Developer of electrical energy storage system. The company develops an electrical energy storage system based on the vanadium-based redox regenerative fuel cell that converts chemical energy into electrical energy. Its system is used in wind and photo-voltaic power generation, remote area power supply, telecommunications, capital deferral, load leveling/peak shaving and smart grids and self healing networks applications.

Website:

www.pdenergy.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Energy Storage

Other Industries

Electronics (B2C)

Primary Office

4800 Hampden Lane Suite 200 Bethesda, MD 20814United States +1 (301) 825-8910
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Prudent Energy Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Prudent Energy Investors (11)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
ACE InvestmentsVenture CapitalMinority000 0000000 0000
Ant Capital PartnersPE/BuyoutMinority000 0000000 0000
China Equity LinksVenture CapitalMinority000 0000000 0000
Draper Fisher JurvetsonVenture CapitalMinority000 0000000 0000
DT Capital PartnersPE/BuyoutMinority000 0000000 0000
ACE Investments Venture Capital
Ant Capital Partners PE/Buyout
China Equity Links Venture Capital
Draper Fisher Jurvetson Venture Capital
DT Capital Partners PE/Buyout

Prudent Energy Executive Team (1)

NameTitleBoard
Seat
Contact
Info
Andy LiVice President, Finance
Andy Li Vice President, Finance

Prudent Energy Board Members (3)

NameRepresentingRoleSinceContact
Info
Hope ChenDraper Fisher JurvetsonBoard Member000 0000
Will ChenDT Capital PartnersBoard Member000 0000
Xi YangDraper Fisher JurvetsonBoard Member000 0000
Hope Chen Board Member Draper Fisher Jurvetson
Will Chen Board Member DT Capital Partners
Xi Yang Board Member Draper Fisher Jurvetson
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