Bloom Energy to Open the Kimono Next Week?
Holy smokes — stealthy fuel cell company Bloom Energy is actually having an event next Wednesday, February 24, in San Jose, Calif. On that morning the company plans to host Bloom Energy CEO KR Sridhar, Kleiner Perkin partners John Doerr and General Colin Powell, as well as “a prominent California government official.” There’s not much more information than that in the invite, but it’s interesting because Kleiner Perkins-backed Bloom Energy, which has been developing a refrigerator-sized fuel cell device, has done basically no PR to date.
Despite being very quiet, 8-year-old Bloom Energy has raised $250 million in financing — “10 times as much capital,” compared to other venture companies Kleiner partner Doerr noted recently — and reportedly raised money last year at a pre-money valuation of $1.45 billion. the company has been reported to have started commercial shipping last year and to be selling widely commercially this year. We’re betting that this is the first coordinated public unveiling of the 5 KW Bloom boxes (which the Kleiner site describes as “a flexible fuel cell system that produces clean, reliable and affordable energy from a wide range of fuels,” reducing carbon emissions by 50-100 percent per kilowatt).
Previous Earth2Tech coverage of Bloom Energy:
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