Zazmic Finance is currently raising capital for a promising Silicon Valley based startup, Tower Power. The company has created an impressive platform that enables remote monitoring and management of power generators for critical infrastructure such as cell towers, banks, schools, etc., saving millions of gallons of CO2 while dramatically increasing up-time in the most remote, and thus most costly locations. It combines three models to operate: EaaS (Energy as a Service), IoT (Internet of Things) and SaaS (Software as a Service).
It is estimated that by 2020 there will be 390,000 telecom towers globally in off-grid locations, and a further 790,000 towers in bad-grid locations. This will result in $19B in diesel expenses, and about 45 million tons in greenhouse gas emissions.
Millions more of off or bad-grid, mission-critical infrastructure like banks, hospitals, gas stations, schools, military outposts are dependent on outdated technologies that leave their operations vulnerable to a long wait time for a down-time to be fixed, and their assets vulnerable to theft, sabotage, or mismanagement.
At Zazmic Finance, we believe that Tower Power’s strong management team and board of advisors, solid relationships in relevant industry verticals, as well as deep business, geographic, and technical expertise, and network of contacts, makes it a highly competitive product that has the potential to provide their clients with a positive ROI. It is an innovative technology that is ready to be rolled out to provide mission-critical infrastructure operators with unparalleled control, monitoring, analytic, and management tools on a platform easy to implement and use.
On top of their product’s capability for industrial automation and energy optimization, the supply chain and distribution agreements they already have in place in several verticals, and more than $60M leads in their pipe-line, the MOU with a big infrastructure provider, and the ongoing discussions with C level executives of well-known multi-billion global companies, make them well positioned to capture a substantial share of the $10B market opportunity.
Contact us to learn more and while there still is space in this $2.7M Seed Round!
Zazmic Finance is full stack, on demand CFO service platform, including fundraising for of start-ups in the Silicon Valley.