A $3.8M seed round has just closed for Petra Power, the clean energy startup developing next-generation solid oxide technology. The investment, led by Acequia Capital, will fuel the commercialization of a system designed to generate reliable electricity from over eight different fuels.
Petra Power's patented approach promises significant advancements in clean power, achieving up to 90% reductions in fuel costs and emissions compared to traditional combustion-based systems. The company specifically targets historical barriers to solid oxide commercialization, including cost, durability, impurity tolerance, and scalability, with its innovative design.
