PowerBank: Funding, Investors & Team (Aug 2026)
PowerBank is a renewable energy company that develops, owns, and operates clean energy infrastructure projects. The company focuses on solar photovoltaic power generation, battery energy storage systems, and electric vehicle charging solutions, serving a range of commercial, industrial, municipal, and residential customers. It provides end-to-end services, including site origination, grid interconnection, permitting, financing, engineering, construction, and ongoing asset management for energy projects. The company continues to expand its project pipeline and partnerships, positioning itself as an independent power producer delivering sustainable and scalable energy solutions.
PowerBank has raised $5.3M across 2 funding rounds on record, the most recent an undisclosed round of $4.2M announced in Jun 2026.
That round is below the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
PowerBank Company Profile and Key Stats
Latest funding round on record: Jun 2026.
PowerBank Funding Rounds
PowerBank raised $1.1M in an undisclosed round announced in Apr 2026.
2 months later, an undisclosed round of $4.2M was announced in Jun 2026.
PowerBank Founders and Leadership Team
No contact details are on record for this team yet.
PowerBank Funding Compared to Other Energy Startups
PowerBank's latest round of $4.2M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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PowerBank Funding FAQs
What does PowerBank do?
PowerBank is a renewable energy company that develops, owns, and operates clean energy infrastructure projects. The company focuses on solar photovoltaic power generation, battery energy storage systems, and electric vehicle charging solutions, serving a range of commercial, industrial, municipal, and residential customers. It provides end-to-end services, including site origination, grid interconnection, permitting, financing, engineering, construction, and ongoing asset management for energy projects. The company continues to expand its project pipeline and partnerships, positioning itself as an independent power producer delivering sustainable and scalable energy solutions.
How much funding has PowerBank raised?
PowerBank has raised $5.3M across 2 rounds on record. The most recent is an undisclosed round of $4.2M announced in Jun 2026.
When did PowerBank last raise funding?
PowerBank's most recent funding round on record is an undisclosed round of $4.2M, announced in Jun 2026.
Who founded PowerBank?
FundedIQ lists Drew Buckley (Founder), Rajneesh Agrawal (Founder) at PowerBank.
Where is PowerBank headquartered?
PowerBank is based in Toronto, Ontario, Canada.
How many employees does PowerBank have?
PowerBank is in the 11-50 employee band.
How does PowerBank's funding compare to other Energy startups?
PowerBank's latest round of $4.2M is below the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's PowerBank Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PowerBank is left off this page rather than filled in.
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