About Abraxas Power
Abraxas Power is an Energy & Utilities company based in Toronto (Canada) founded in 2023. Renewable energy transition is developed for decarbonizing hard-to-abate sectors. Abraxas Power has raised $2.28 million across 1 funding round. Abraxas Power offers products and services including EVREC Project, Solar City, and Global Origination. Its focus areas include Energy, Wind Energy, Service Providers and Project Developers. Its legal entity is Abraxas Power Corp. Its competitors include EverWind Fuels, Keystone XL and Bullfrog Power.
Company details
Abraxas Power was founded in 2023 and is based in Toronto, Canada. Operations center on the renewable energy sector, where solutions for decarbonizing hard-to-abate industries are developed. Proprietary technology is employed for green hydrogen and ammonia production, supporting the shift to low-carbon processes. The companys activities address energy challenges through sustainable methods in the global energy transition.
- Headquarters Toronto, Canada
- SectorsEnergy & Utilities
- Website abraxaspower.com
- Social LinkedIn
- Legal Name Abraxas Power Corp
- Total Equity Funding$2.28M (USD)
in 1 rounds
- Latest Funding Round$2.28M (USD), Seed
Nov 2024
Products & Services of Abraxas Power
Abraxas Power offers a comprehensive portfolio of products and services, including EVREC Project, Solar City, and Global Origination.
Mega-scale P2X project producing green hydrogen and ammonia from renewables.
100 MW floating solar initiative for island power generation.
Strategies for developing renewable projects across multiple regions.
Funding Insights of Abraxas Power
Abraxas Power has successfully raised a total of $2.28M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.28 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.28M
- Total Rounds 1
- Last Round Seed — $2.28M
- First Round $2.28M
(Nov 2024)
All 1 funding rounds of Abraxas Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $2.28M | Seed | – | – | – |
Timeline of Abraxas Power
2 dated milestones of Abraxas Power across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Abraxas Power is founded.
- Funding First funding round of $2.3M.
Competitors of Abraxas Power
Abraxas Power has 3 listed competitors in our database. They include EverWind Fuels, Keystone XL and Bullfrog Power.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| everwindfuels.com | 2022 | Canada | Developer of green hydrogen and ammonia production facilities | |||
| keystonexl.com | 2013 | Calgary, Canada | Creates innovative technologies for solar and wind energy projects to promote sustainable solutions. | |||
| bullfrogpower.com | 2005 | Toronto, Canada | Green energy projects are developed by Bullfrog Power in Canada. |
Detailed competitors of Abraxas Power
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Abraxas Power
The website of Abraxas Power (abraxaspower.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 18.7% vs previous month
Websites whose visitors overlap most with Abraxas Power. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tankterminals.com | 100% | 19.3K | #1,348,416 | View details | |
esgreview.net | esgreview.net | 92% | #6,129,553 | – |
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Frequently Asked Questions about Abraxas Power
Abraxas Power was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Abraxas Power is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Abraxas Power is a funded company, having raised a total of $2.28M across 1 funding round to date. The company's 1st funding round was a Seed of $2.28M, raised on Nov 2024.
Abraxas Power was founded in 2023 and is based in Toronto, Canada. Operations center on the renewable energy sector, where solutions for decarbonizing hard-to-abate industries are developed. Proprietary technology is employed for green hydrogen and ammonia production, supporting the shift to low-carbon processes. The companys activities address energy challenges through sustainable methods in the global energy transition.
Abraxas Power's top competitors include Bullfrog Power, EverWind Fuels and Keystone XL.
Abraxas Power offers EVREC Project, Solar City, and Global Origination.
Abraxas Power operates through Abraxas Power Corp.