Deeya Energy Garners $30,000,000 Series C Financing Round

  • Feed Type
  • Date
    5/5/2009
  • Company Name
    Deeya Energy
  • Mailing Address
    48611 Warm Springs Blvd Fremont, CA 94539
  • Company Description
    Deeya Energy is a Silicon Valley technology venture company developing novel energy storage devices for Load-shifting, UPS (Uninterruptible Power Supply) and Renewable Energy industries. Deeya energy storage devices, known as L-Cells, and based on proprietary technology, can provide peak powers between 1kW and 10MW and backup capacity of 4 hours to 10 days. The devices are seamlessly integrable with power grid, solar and wind installations.
  • Website
    http://www.deeyaenergy.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $30,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Izak Bencuya, Deeya’s CEO says, “This new financing will give Deeya the resources it needs to ramp up production and scale operations – and we are very pleased to have attracted Ira and Technology Partners to our company.”
  • M&A Terms
  • Venture Investor
    Technology Partners
  • Venture Investor
    BlueRun Ventures
  • Venture Investor
    Element Partners
  • Venture Investor
    Draper Fisher Jurvetson
  • Venture Investor
    New Enterprise Associates