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Nextek Power Systems

Nextek Power Systems?uq=oeHSfu7P
1995 FOUNDED
PRIVATE STATUS
11-20 EMPLOYEES
Later Stage VC LATEST DEAL TYPE
$12M LATEST DEAL AMOUNT
4 INVESTORS
Description

Provider of direct current power systems designed to provide others with the power to save energy. The company's direct current power systems offer direct current microgrids that minimize the consumption of grid power and provide an optimized path for distributed renewable resources, enabling clients to optimize energy usage while drawing power from renewables, batteries and the grid.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electric Utilities
Other Industries
Electrical Equipment
Primary Office
  • 461 Burroughs Street
  • Detroit, MI 48202
  • United States

+1 (313) 000-0000
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Nextek Power Systems Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC $12M 000.00 Completed Generating Revenue
4. Angel (individual) 11-Oct-2012 00.000 00.000 Completed Generating Revenue
3. Grant 18-Sep-2012 00000 00.000 Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2005 $400K $2.99M Completed Generating Revenue
1. Corporate (Series B) 13-Dec-2002 $2.59M $2.59M Completed Generating Revenue
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Nextek Power Systems Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
NextEnergy Government Minority 000 0000 000000 0
DC Power Ventures Corporation Minority 000 0000 000000 0
Hudson Bay Power Corporation Minority 000 0000 000000 0
Two Seven Ventures Venture Capital Minority 000 0000 000000 0

Nextek Power Systems Executive Team (6)

Name Title Board
Seat
Contact
Info
Paul Savage Chief Executive Officer & Chairman
Kevin Howley Chief Financial Officer
Benjamin Hartman Chief Operating Officer, Chief Technology Officer, Secretary & Board Member
Paul Wickett Director of Engineering
Richard Realmuto Vice President

1 Former Executive

You’re viewing 5 of 6 executives. Get the full list »

Nextek Power Systems Board Members (3)

Name Representing Role Since Contact
Info
Benjamin Hartman Nextek Power Systems Chief Operating Officer, Chief Technology Officer, Secretary & Board Member 000 0000
Jonathan Wege Self Board Member 000 0000
Paul Savage Nextek Power Systems Chief Executive Officer & Chairman 000 0000