Fundraising FoxBasic Power
East Stroudsburg, US · Founded 2014 · Pennsylvania corporation
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BPU makes the Basic Power Unit (BPU), a solid-state energy management system based on patented twin toroidal power quality transformer technology that reduces electricity consumption and demand while protecting electrical and electronic equipment. It offers models for 480V, 208V, and 120/240V residential systems, serving businesses and building operators across North America, Europe, and the Middle East.
Founders & leadership
Board
Reported raises · per SEC filings
Form D private placements$375K disclosed across 1 round · 2017
▶$375KraisedFeb 2017 · 6 investors · Other TechnologyRule 506(c)
- Stephen J WashingtonExecutive Officer, Director
- James PeetExecutive Officer, Director
- Michael Robert PeelishExecutive Officer, Director
- Guy John LesticianExecutive Officer, Director
- Walter SkayhanDirector
- Amount sold
- $375K
- Minimum investment
- $25K
- First sale
- Jan 2017
- Incorporated
- Corporation, Pennsylvania, 2014
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Basic Power do?
- BPU makes the Basic Power Unit (BPU), a solid-state energy management system based on patented twin toroidal power quality transformer technology that reduces electricity consumption and demand while protecting electrical and electronic equipment. It offers models for 480V, 208V, and 120/240V residential systems, serving businesses and building operators across North America, Europe, and the Middle East.
- How much funding has Basic Power raised?
- Basic Power has disclosed $375K raised across 1 round.
- Where is Basic Power headquartered?
- Basic Power is headquartered in East Stroudsburg, US.