General Compression Inc.

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General Compression Inc. - overview

Established

2006

Location

Newton, MA, US

Primary Industry

Renewable Energy

About

General Compression Inc. specializes in advanced compression technology, focusing on energy efficiency and innovation in the field of renewable energy solutions, specifically designed to optimize natural gas and energy storage processes. Founded in 2006 and headquartered in Newton, US, General Compression Inc. develops innovative solutions in compression technology.


The company has completed 6 deals, with its most recent funding round being a Series B on November 19, 2012, raising USD 5. 5 mn. The company has not reported any significant pivots or changes in strategy since its inception. General Compression Inc.


provides innovative compression technology solutions aimed at enhancing energy efficiency, particularly within the sectors of natural gas and energy storage. Their products are designed to optimize energy usage and reduce costs for clients, thereby supporting the transition to sustainable energy resources. General Compression Inc. generates revenue through its specialized products and services within the energy sector, focusing on providing efficient solutions that enhance operational capabilities for their clients.


The company operates on a direct-to-consumer basis, with clients typically engaging in transactions for their advanced technology solutions. General Compression Inc. is planning to launch new products aimed at improving energy efficiency and storage capabilities, with anticipated release dates in the next two years. The company is targeting expansion into European markets and aims to establish a stronger presence in the renewable energy sector by 2025.


The recent funding from its Series B round, totaling USD 5. 5 mn, will support these new product developments and market expansion efforts.


Current Investors

US Renewables Group, Duke Energy Corp., Northwater Capital Management

Primary Industry

Renewable Energy

Sub Industries

Wind Power, Energy Storage & Batteries

Website

www.generalcompression.com

Company Stage

Series B/Round 2

Total Amount Raised

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