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Recently Funded|Amount: USD 50.0M|Industry: Electric Power Generation

Generac Powers Up with $50 Million in Funding - Revolutionizing the Energy Grid

Generac

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5,001-10,000 employees employees (Est.)
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Generac, a pioneering leader in energy technology, has successfully raised $50 million in its latest funding round, a significant boost that underscores the company's commitment to driving the transition to a more resilient and sustainable energy future. Founded in 1959, Generac has consistently been at the forefront of energy innovation, being the creator of the first affordable backup generator and the category-defining automatic home standby generators. This new infusion of capital will be strategically allocated towards the development of cutting-edge backup and prime power systems, with a focus on enhancing renewable energy solutions that meet the evolving demands of the 21st-century electrical grid. The company’s mission is not only to provide reliable energy solutions but also to contribute positively to the environment by promoting cleaner energy alternatives. Generac thrives on a culture of integrity, innovation, and excellence, anchored by a commitment to diversity, equity, and inclusivity. This funding will empower Generac to further invest in innovative technologies and expand its portfolio of sustainable products, ensuring that both homes and businesses can enjoy uninterrupted power while championing a greener planet. As the urgency for resilient energy solutions intensifies, Generac remains dedicated to leading this vital evolution in energy technology. For those looking to join a trailblazer in the energy sector and be part of this exciting journey, Generac invites potential candidates to explore available career opportunities at www.generac.com/about-us/careers.
October 23, 2024

Buying Signals & Intent

Our AI suggests Generac may be interested in solutions related to:

  • Power Generators
  • Solar Battery Storage
  • EV Chargers
  • Home Backup Solutions
  • Maintenance Equipment

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