Upstart Power has filed a notice of an exempt offering of securities to raise $38,250,000.00 in New Equity Investment.
According to filings with the U.S. Securities and Exchange Commission, Upstart Power is raising up to $38,250,000.00 in new funding. Sources indicate that as part of senior management President, Paul Osenar played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Upstart Power
Upstart Power designs and produces market disruptive solid oxide fuel cell (SOFC) generators that are dependable, sustainable, carbon efficient, and virtually silent for Residential and Industrial applications. The Upgen Power system from Upstart Power works collaboratively with intermittent renewable sources like solar and battery storage and will cycle on when other sources are unavailable, providing 24-7-365, long-duration backup power generation. Upstart Power is a privately held company.
To learn more about Upstart Power, visit http://www.upstartpower.com/
Upstart Power Linkedin Page: https://www.linkedin.com/company/upstart-power-inc/
Contact:
Paul Osenar, President
508-667-0892
https://www.linkedin.com/in/paul-osenar-b7b0341/
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