Who founded Peak Power?

Peak Power was founded by Derek Lim Soo in 2015.

Who are Peak Power's investors?

Peak Power's investors include The Atmospheric Fund, BDC Capital Corporation, Osmington, MaRS Investment Accelerator Fund (IAF), Waterpoint Lane, Export Development Canada (EDC).

How much funding has Peak Power raised?

Peak Power has disclosed $35M raised across 1 round.

Where is Peak Power headquartered?

Peak Power is headquartered in Ontario, CA.

Peak Power

Ontario, CA · Founded 2015 · 80 employees on LinkedIn · 10 known investors

Find your way into Peak Power

789 people in our graph share verified history with the Peak Power team — schools, employers, funds. One of them is your warm intro.

Harley Finkelsteinunlockedknows Derek Lim Soo · together at McGill University (overlapped)

×5knows the team · via YPO / WPO Canada (Young President's Organization / World President's Organization)

×3knows the team · via General Electric

×2knows the team · via McGill University

knows the team · via Suzlon Wind Energy A/S

Peak Power enables energy service companies, solar developers, and energy brokers to offer battery storage solutions to customers through a fully financed energy-storage-as-a-service model. The company handles development, permitting, equipment, and construction while partners capture revenue through referral fees or joint sales arrangements.

AI & Machine Learning Cleantech Climate Tech Energy

Founders & leadership

Peak Power was founded in 2015 by Derek Lim Soo.

Derek Lim Soo inCEODerek Lim Soo is CEO of Peak Power, which provides battery storage solutions to energy service companies and solar developers through a financed energy-storage-as-a-service model.

Investors · 10

The Atmospheric Fund✓ verifiedToronto · $5M

BDC Capital Corporation✓ verifiedWakefield · $100K – $10M

Osmington✓ verifiedToronto

MaRS Investment Accelerator Fund (IAF)Toronto

Waterpoint LaneMiami

Export Development Canada (EDC)reportedOttawa

Also in the syndicate · 4

Export Development CapitalGreenbacker Capital ManagementleadHatchSensata Technologies

Funding

SEC filings, press & company announcements

$35M disclosed across 1 round · 2023

$35MraisedMay 2023 · 2 sources
Greenbacker Capital Management (lead), BDC Capital, Export Development Capital, Hatch, Osmington Inc., Sensata Technologies, The Atmospheric Fund
Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Energy management startup Peak Power raises $47 million CAD to expand across US | BetaKitbetakit.com · May 2023

Peak Power Raises $35 Million to Ramp Up Expansion of Its Energy Storage Optimization Software into the USglobenewswire.com · May 2023

Investors | Peak Power | Join the Cleantech Investment Boompeakpowerenergy.com · Sep 2022

Peak Power Inc. Closes Latest Funding Roundpeakpowerenergy.com · Feb 2021

Peak Power Secures Investment from Sensata Ventures and EDCpeakpowerenergy.com · Nov 2020

Peak Power raises $35M for U.S. expansion, new hires • SustainableBiz Canada • Sustainable Business Newssustainablebiz.ca

Frequently asked questions

What does Peak Power do?: Peak Power enables energy service companies, solar developers, and energy brokers to offer battery storage solutions to customers through a fully financed energy-storage-as-a-service model. The company handles development, permitting, equipment, and construction while partners capture revenue through referral fees or joint sales arrangements.
Who founded Peak Power?: Peak Power was founded by Derek Lim Soo in 2015.
Who are Peak Power's investors?: Peak Power's investors include The Atmospheric Fund, BDC Capital Corporation, Osmington, MaRS Investment Accelerator Fund (IAF), Waterpoint Lane, Export Development Canada (EDC).
How much funding has Peak Power raised?: Peak Power has disclosed $35M raised across 1 round.
Where is Peak Power headquartered?: Peak Power is headquartered in Ontario, CA.