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Venture Capital News: Caban Systems Pulls In $51M Series B Round

2023-01-05
BURLINGAME, CA, Caban Systems has raised $51 million to accelerate its global expansion strategy.
Caban Systems, a leader in next-generation renewable energy solutions for critical infrastructure, has raised $51 million to accelerate its global expansion strategy. The Series B round was led by investor BCP Ventures with participation from Ontario Power Generation Pension Fund, Ember Infrastructure, Portfolia, and Inspiration Ventures.

Caban Systems is a renewable energy services company that offers end-to-end solutions for critical infrastructure, including some of the world's largest telecommunications companies. Pioneering a best-in-class intelligent energy storage platform, Caban delivers modern solutions that substantially reduce operational expenses and increase uptime. Caban is accelerating the shift to renewable energy for critical infrastructure, starting with the telecommunications industry, by providing access to affordable, reliable, and renewably sourced power. All hardware is designed and manufactured by Caban Systems in the United States.
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