Fundraising Fox

Beacon Power Services

Chicago, US · Founded 2010 · Delaware corporation · 241 employees on LinkedIn · 3 known investors

Beacon Power Services provides grid network management and energy consumption solutions for utilities and consumers across Africa, offering platforms for operational optimization and renewable energy integration.

Founders & leadership

Beacon Power Services was founded in 2010 by ABIMBOLA ADISA.

AA
ABIMBOLA ADISAFounder
YA
YEMI ADEGOKEExecutive
SA
SENYO ADUExecutive
AO
ANTIGHA OTU ANTIGHAExecutive
CA
CHRISTINE ADEJOROOLUWAExecutive

Board

CCCyril Collon
Cyril ColloninBoard directorGeneral Partner at Partech Ventures
MB
Maxime BouanBoard director
YB
Yung Bong LimBoard director
EB
Elizabeth Biney-AmissahBoard director

Investors · 3

Reported raises · per SEC filings

Form D private placements

$29.8M disclosed across 3 rounds · 2024

$8.1MraisedDec 2024 · 22 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Yung Bong LimDirector
  • Yemi AdegokeExecutive Officer
  • ANTIGHA OTU ANTIGHAExecutive Officer
  • Elizabeth Biney-AmissahDirector
  • FEMI OLUYIDEDirector
  • Maxime BouanDirector
  • CHRISTINE ADEJOROOLUWAExecutive Officer
  • ABIMBOLA ADISAExecutive Officer, Director
  • SENYO ADUExecutive Officer
Offering amount
$8.1M
Amount sold
$8.1M
Minimum investment
$10K
Proceeds to insiders
$1.1M
First sale
Aug 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$20.7MraisedDec 2024 · 9 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • YEMI ADEGOKEExecutive Officer
  • Cyril CollonDirector
  • SENYO ADUExecutive Officer
  • Maxime BouanDirector
  • ANTIGHA OTU ANTIGHAExecutive Officer
  • Yung Bong LimDirector
  • Elizabeth Biney-AmissahDirector
  • CHRISTINE ADEJOROOLUWAExecutive Officer
  • ABIMBOLA ADISAExecutive Officer, Director
Offering amount
$20.7M
Amount sold
$20.7M
Minimum investment
$50K
Sales commissions
$971K
Proceeds to insiders
$14M
Placement agents
Clermount Ltd
First sale
Aug 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$983.7KraisedDec 2024 · 5 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • YUNG BONG LIMDirector
  • Maxime BouanDirector
  • SENYO ADUExecutive Officer
  • CHRISTINE ADEJOROOLUWAExecutive Officer
  • ANTIGHA OTU ANTIGHAExecutive Officer
  • YEMI ADEGOKEExecutive Officer
  • FEMI OLUYIDEDirector
  • ABIMBOLA ADISAExecutive Officer, Director
  • Elizabeth Biney-AmissahDirector
Offering amount
$983.7K
Amount sold
$983.7K
Minimum investment
$65K
Proceeds to insiders
$764.5K
First sale
Aug 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap

Companies competing with Beacon Power Services for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Beacon Power Services do?
Beacon Power Services provides grid network management and energy consumption solutions for utilities and consumers across Africa, offering platforms for operational optimization and renewable energy integration.
Who founded Beacon Power Services?
Beacon Power Services was founded by ABIMBOLA ADISA in 2010.
Who are Beacon Power Services's investors?
Beacon Power Services's investors include Global Brain, Partech Ventures, Factor[e] Ventures.
How much funding has Beacon Power Services raised?
Beacon Power Services has disclosed $29.8M raised across 3 rounds.
Where is Beacon Power Services headquartered?
Beacon Power Services is headquartered in Chicago, US.