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Venture Capital News: FlexGen Power Systems Grabs $100M Series C

2022-07-19
DURHAM, N.C., FlexGen Power Systems today announced the close of a $100 million Series C Investment round.
FlexGen Power Systems, a leading integration services and software technology provider for energy storage solutions in the U.S. and globally, today announced the close of a $100 million Series C Investment round. The investment is anchored by Vitol, the largest independent energy trading company globally, in partnership with existing investors. This latest investment further solidifies FlexGen as a leader in energy storage integration, and will support the execution of its large pipeline of projects across multiple regions.

FlexGen is a leading integration services and software technology provider for energy storage solutions in the United States and globally. FlexGen designs and integrates storage solutions and the software platform that is enabling today's energy transition. Leveraging its best-in-class energy management software and power electronics, FlexGen delivers utility-scale storage projects integrated with traditional and renewable power generation globally. FlexGen's clients and partners include the most technically and commercially demanding developers, utilities, government agencies and industrial companies in the world.
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