SAN FRANCISCO, CA, Powergetics Inc. has raised $10.2 million of a planned $14.2 million financing round, according to SEC filings. Zeb Rice, the co-founder and a managing partner of Angeleno Group; and San Francisco-based investor David Buzby are among the two-year-old company's directors.

Currently in stealth mode, Powergetics provides Intelligent Energy Storage Systems that reduce power costs, increase operational efficiencies, maximize renewable generation value and reduce greenhouse gas emissions. The firm's CEO and founder is Brian Thompson, a former executive at The Gap, and The Body Shop.