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Nextek Power Systems
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Short description

Provider of direct current solutions for buildings and power solutions using energy from locally generated sources such as photovoltaic cells

Founded in 1995
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy networks

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Detroit, MI Detroit, United States
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Updated by Jonathan Koch at on 07/28/2017

Edited by Cleantech Group on 05/04/2020

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  • 1 M&A items
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Date Company
Partnerships
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Date Partner Type
Amatis Controls Amatis Controls
Direct current lighting control technology from Amatis has been incorporated into Nextek's power systems and sold under Nextek SKY label.
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Confirmed by Amatis Controls
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Investment Rounds
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IPO INFORMATION

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IPO status

IPO Type

Amount

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Prospectus URL

Prospectus

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Source

Description

Date Investors Type Amount
10/12/2012 Two Seven Ventures Two Seven Ventures (1)
Post-money valuation of
This new equity financing round was disclosed via a regulatory filing. the target amount was $7 million.
Series B $5,143,667
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