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Richmond-based energy management company whose Stellar Microgrid OS software optimizes microgrid and distributed energy operations.
New Sun Road P.B.C. was founded in 2014 and is headquartered in Richmond, US. Its cloud-based Stellar Microgrid OS software provides real-time monitoring, control and asset management for microgrids and distributed energy resources, while the Stellar Edge device controller collects IoT data from power systems. Clients include grocery stores, community centers and rural communities in Guatemala and sub-Saharan Africa, paying through subscriptions. The company raised USD 2.00 mn in a Seed round led by Blue Bear Ventures in December 2018.
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