New Sun Road has filed a notice of an exempt offering of securities to raise $6,866,728.00 in New Equity and Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, New Sun Road is raising $6,866,728.00 in new funding. Sources indicate that as part of senior management Chief Financial Officer, Shivani Ganguly played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About New Sun Road
New Sun Road (NSR) was established in 2014 with a mission to accelerate renewable energy deployment and access for remote communities. Our unique Stellar product line includes a set of hardware-agnostic technologies for renewable systems: Stellar Microgrid OS, Stellar Edge, and Stellar IS. It is a flexible, scalable platform that provides industry, government, nonprofit, and academic partners a mission control for their distributed energy fleets. In addition, the IoT and AI technologies reduce OpEx costs, increases control and visibility, optimizes system performance, and much more. Formed as a for-profit public benefit company (P.B.C.) and guided by principles of environmental sustainability and economic development, we make a global impact for productive purposes. Our work can be found in more than 20 countries across five continents, with headquarters at Berkeleys Richmond Field Station in Richmond, CA.
To learn more about New Sun Road, visit http://newsunroad.com/
Contact:
Shivani Ganguly, Chief Financial Officer
510-550-5252
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