San Francisco start-up ElectrIQ has raised $6m in a seed funding round, led by Canada’s GreenSoil Building Innovation Fund. The funding will enable ElectrIQ to scale up production in this week of its $8,999 PowerPod, which combines 11 kWh of energy capacity, an inverter and smart home integration. The PowerPod joins other home storage products, such as Tesla’s Powerwall, LG Chem’s Resu and Sonnen’s ecoLinx system.
San Francisco start-up ElectrIQ has raised $6m in a seed funding round, led by Canada’s GreenSoil Building Innovation Fund. The funding will enable ElectrIQ to scale up production in 2019 of its $8,999 PowerPod, which combines 11 kWh of energy capacity, an inverter and smart home integration. The PowerPod joins other home storage products, such as Tesla’s Powerwall, LG Chem’s Resu and Sonnen’s ecoLinx system.