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TROES logo — TROES - The Revolution Of Energy Storage

TROES

TROES - The Revolution Of Energy Storage

Founded 2018 Canada Markham, Canada 23 employees Debt Financing Total: $1.58M ESG, Energy +5

General Information

Company Name TROES
Founded Year 2018
Location Canada Markham, Canada
Founders / Decision Makers
Team member
Employees 23
Industries ESG, Energy, IoT +4
Funding Stage Debt Financing
Social

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About TROES

TROES is a Canadian startup founded in 2018 that specializes in smart power energy storage technologies, products, and solutions. The company operates in the Energy, Renewable Energy, Energy Efficiency, and Energy Storage sectors, targeting a market worth $170 billion. It aims to facilitate access to various project opportunities for middle-market project developers, power distributors, and consumers by addressing previous barriers such as high costs, lack of expertise, and low development efficiency.

One of TROES' notable features is its patented modularized energy storage hardware and software, which play a pivotal role in making these opportunities accessible. In July 12, 2023, the company secured a Debt Financing investment with JP Morgan as the investor.

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round Undisclosed 2
MobilityFund Open People Network
MobilityFund, Open People Network
12 Jul 2023
Seed Round $1.00M 8
Artesian Sustainable Development Technology Canada New Brunswick Innovation Foundation
Artesian, Sustainable Development Technology Canada +6
28 Feb 2021
Pre Seed Round $80.00K 1
Brinc
Brinc
26 Aug 2020
Pre Seed Round $500.00K 1
High Park Angels
High Park Angels
31 Dec 2019

TROES Alternatives & Competitors

View All Alternatives
TROES vs
e-On Batteries
e-On Batteries United States

Powering sustainable energy with advanced lithium battery solutions for industries, homes, and elect...

4 employees
Manufacturing, Renewable Energy
TROES vs
A123 Systems
A123 Systems United States

Worldwide leader in complete lithium-ion energy storage solutions

Post-IPO Equity
586 employees
Energy, Manufacturing
TROES vs
Libattion
Libattion Switzerland

Providing Upcycled Energy Storage Systems for Industries and Utilities

Venture round
20 employees
Energy, Energy Storage
View all alternatives

FAQ About TROES

TROES - The Revolution Of Energy Storage
TROES was founded in 2018.
TROES is headquartered in Markham, Canada.
TROES operates in ESG, Energy, IoT, Renewable Energy, Energy Efficiency, Energy Storage and Construction.
TROES has approximately 23 employees.
TROES has completed 4 funding rounds, raising a total of $1.58M. The latest funding stage is Debt Financing.
Top alternatives and competitors to TROES include e-On Batteries, A123 Systems, Libattion, FlexGen, Energy Vault. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TROES and e-On Batteries are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for TROES, https://bouncewatch.com/company/troes, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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