About Abraxas Power
Abraxas Power is a company based in Toronto (Canada) founded in 2023. 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. Abraxas Power operates in a competitive market with competitors including EverWind Fuels, Keystone XL, Bullfrog Power, Lyko Systems and TH Solar Wind Energy, among others.
- Headquarter Toronto, Canada
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Abraxas Power Corp
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.28 M (USD)
in 1 rounds
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Latest Funding Round
$2.28 M (USD), Seed
Nov 18, 2024
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Investors
Not available
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Employee Count
Not available
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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.
Investments & Acquisitions by Abraxas Power
Investment portfolio details for Abraxas Power
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Financial Statements - Abraxas Power
Detailed financials for Abraxas Power
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Abraxas Power Comparisons
Peer comparison for Abraxas Power
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Competitors of Abraxas Power
Abraxas Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EverWind Fuels, Keystone XL, Bullfrog Power, Lyko Systems and TH Solar Wind Energy, among others.
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Developer of green hydrogen and ammonia production facilities
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Creates innovative technologies for solar and wind energy projects to promote sustainable solutions.
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Green energy projects are developed by Bullfrog Power in Canada.
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Develops and manufactures off-grid hybrid generators for telecommunications and extreme environments.
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Provides solar and wind energy systems for heating, cooling, lighting, and electricity generation.
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Detailed competitors of Abraxas Power
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Latest news on Abraxas Power
Complete news archive for Abraxas Power
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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.
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.