REGEN Energy Inc. announced today the closure of a Series B funding round in excess of $12 million. The round was led by new investors including a major US utility company, Export Development Canada (EDC) and EnerTech Capital, and was supported by existing REGEN investors BDC Capital and NGEN Partners.
"This funding represents a great vote of confidence in REGEN's business and in our long term potential," said Pete Malcolm, President and CEO of REGEN Energy. "We are already one of the fastest growing companies in the demand management space, and this funding will not only underpin that growth, but allow us to bring the very significant energy savings generated by our unique SWARM Energy Management® platform to more and more commercial and industrial organizations." Read more
