[ Power Survey raises $34M in Series A ]

Power Survey has raised $34 million in Series A funding.

Based in Montréal, Quebec, Power Survey is a provider of customized power factor correction and harmonic filtering technologies to commercial and industrial sectors.

Power Survey used part of the funds raised to buy Power Standards Lab Inc, a U.S. maker of electric power instruments, earlier in July. They will also be used for geographic and product line expansion.

Funding  Series A
Founded  /
Country  Canada
City  Montréal, Quebec
Founder / CEO  Mario Barbaresso
Deal Size  $34M
Investors  BDC Capital Corporation
 EnerTech Capital
 Investissement Quebec
 Fonds de solidarité FTQ
 Cycle Capital
Previous Investors  Investissement Quebec
 EnerTech Capital