Markham-based TROES Corp. Successfully Closes Pre-Series A Funding Round and Initiates Series A Financing, Demonstrating Strong Growth Potential in Energy Storage-Centered Microgrid Solutions

Jul 12, 2023

TROES Corp. (“TROES”) is delighted to announce the successful closing of its Pre-Series A funding. The round was led by Silicon Valley-based Mobility Innovation fund, which is managed by global leading automotive enterprises SAIC Motor and Wanxiang group. In addition to the equity investment, TROES will receive trading support from this group, utilizing a substantial credit facility provided by JP Morgan, so as to better meet the fast-growing customer demand.

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