Troes, a Markham, Canada-based provider of a battery energy storage-centered “Microgrid-in-a-box” solution, raised an undisclosed amount in Pre-Series A funding.
The round was led by Mobility Innovation fund. In addition to the equity investment, Troes will receive trading support from this group, utilizing a substantial credit facility provided by JP Morgan.
The company intends to use the funds to support in areas such as scale-up growth, renewable energy project integration, and mergers and acquisitions initiatives in this sector.
Led by Vienna Zhou, Founder and CEO, Troes provides a battery energy storage-centered “Microgrid-in-a-box” solution. Through technology, the company simplifies the development process, reduces costs, and increases profitability for microgrid players and end users, thereby incentivizing and accelerating the adoption of microgrid projects worldwide and contributing to a significant reduction in global carbon dioxide emissions.
FinSMEs
14/07/2023