On-site straight-line power generation and energy storage – $95 million in investment
Mainspring Energy is engineering advanced technology to revolutionize the way electricity is generated and delivered
The reciprocating motion of the magnetic piston generated by the low-temperature reaction of natural gas or biogas produces electrical energy without generating nitrogen oxides.
Integrate with new and renewable energy, such as solar panels installed on site, to supply electricity needed for buildings, and to supply alternative energy if there is a problem in supplying new and renewable energy.
General Information
- Headquarters : San Francisco, CA
- Founders : Adam Simpson, Matt Svrcek, Shannon Miller
- Categories : Clean Energy, Energy, Oil and Gas
- Founded : 2010
- Contact : hello
Funding
- Investors : 40 North Ventures, Alumni Ventures Group, American Electric Power, Bill Gates, Chevron Technology Ventures, ClearSky, Devonshire Investors, Equinor, KCK, Khosla Ventures, Princeville Capital, Trog Hawley Capital
- Funding Rounds (3) - $178M
- May 4, 2021 Series D / $95M
- Jan 24, 2018 Series C / $83M
- Jan 1, 2010 Seed Round
Source: Mainspring Energy
👉• Web: https://mainspringenergy.com/
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