SHYFT Power Solutions builds IoT and Integrated Software to connect and intelligently manage distributed energy resources
SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enabling DERs to scale and support existing but unreliable grids.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 1, 2018 | Seed | $1.10M | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
FM Capital Group | — | Seed |