PROMETHEAN POWER SYSTEMS
Promethean Power Systems designs and manufactures rural refrigeration systems for commercial cold-storage applications in off-grid.
Dairy processors who have not been able to collect enough quality milk to meet demand, which is growing at 6% annually. Milk producers whose milk gets spoiled because it is not collected in time are also beneficiaries, though they cannot afford the purchase price of the chillers.
The system preserves milk at the village level, which reduces spoilage and transporta...
tion costs for processors, leading to increased farmer incomes.
The chillers enable processors to collect milk that has been chilled at the source, which improves the quality of milk and enables them to collect from isolated dairy villages.
The system is powered by the grid and by a generator when the grid is down, but will in future use a thermal battery backup to store grid energy.
PROMETHEAN POWER SYSTEMS
Industry:
Agriculture Electronics Energy Manufacturing Renewable Energy Social Entrepreneurship
Founded:
2007-01-01
Address:
Boston, Massachusetts, United States
Country:
United States
Website Url:
http://www.coolectrica.com
Total Employee:
11+
Status:
Active
Contact:
617-512-8811
Email Addresses:
[email protected]
Total Funding:
2.72 M USD
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Current Employees Featured
Founder
Investors List
TotalEnergies Ventures
TotalEnergies Ventures investment in Series B - Promethean Power Systems
Acumen
Acumen investment in Series A - Promethean Power Systems
United States Agency for International Development
United States Agency for International Development investment in Grant - Promethean Power Systems
National Science Foundation
National Science Foundation investment in Grant - Promethean Power Systems
VentureWell
VentureWell investment in Venture Round - Promethean Power Systems
Invested Development
Invested Development investment in Seed Round - Promethean Power Systems
First Light Ventures
First Light Ventures investment in Seed Round - Promethean Power Systems
MIT Venture Mentoring Service (MIT VMS)
MIT Venture Mentoring Service (MIT VMS) investment in Non Equity Assistance - Promethean Power Systems
Official Site Inspections
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