VoltServer Inc. Secures $17.5M in Series B Funding for Digital Electricity Distribution Solutions
April 23, 2023
VoltServer Inc., a startup based in East Greenwich, Rhode Island, has raised $17.5 million in Series B funding from investors including Clean Energy Venture Group, RightHill Ventures, Southwire Company, Constellation, and Marker Hill Capital. The company offers Digital Electricity™ distribution solutions for a wide range of applications including intelligent buildings, indoor agriculture, and wireless densification.
VoltServer's patented and proven Digital Electricity™ technology is a groundbreaking method for distributing power that combines the high power aspects of AC (alternating current) with the safety and simplicity of Power over Ethernet (PoE). This innovative approach enables efficient and reliable power distribution in various industries, opening up new possibilities for powering devices and systems in a more advanced and efficient manner.
With the latest funding, VoltServer plans to further develop and expand its Digital Electricity™ solutions, addressing the growing demand for intelligent and energy-efficient power distribution in various industries.
The company's unique approach to power distribution has garnered attention from investors, and the Series B funding will support VoltServer's mission to provide cutting-edge solutions for the appliances, electrical, and electronics manufacturing industries and beyond. Visit us for more information about their latest funding round: https://founderlodge.com/round/VoltServer-Inc-raises-17500000-Series-B-2023-04-21-Stephen-Eaves-MTIzNTM