Regen Energy Raises over $12M in Series B Funding

regenRegen Energy Inc., a San Marcos, California and Toronto, Canada-based provider of an energy management platform, raised over $12m in Series B funding.

The round was led by new investors including a major US utility company, Export Development Canada (EDC) and EnerTech Capital, with participation from existing investors BDC Capital and NGEN Partners.

The company intends to use the funds to continue to grow operations.

Led by Pete Malcolm, President and CEO, Regen Energy provides SWARM Energy Management®, a wireless smart grid technology platform which allows more than 300 organizations operating small to mid-sized commercial, industrial and institutional buildings to manage their electrical demand and reduce energy costs.

FinSMEs

07/10/2014

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