CTC Global Receives Strategic Investment from Endeavour Capital and Greenbelt Capital Partners

Funding Rounds

Summary

CTC Global, an Irvine, CA-based company which specializes in engineering and manufacturing advanced conductor cores for high-voltage transmission cables, received a strategic investment from Endeavour Capital and Greenbelt Capital Partners. Sitton, CTC Global Corporation developed, tested and produces the composite core used in ACCC® Bare Overhead Conductors. It works in association with 35 international stranding partners, leverages advanced carbon fiber technology to help improve the efficiency, capacity, reliability and resiliency of electric power grids worldwide. Sitton said: “Partnering with Endeavour and Greenbelt will enable CTC’s team to do more of what it loves to do – helping utilities around the world improve the efficiency, capacity, reliability, and resiliency of their increasingly strained electric power grids. This partnership will allow CTC to accelerate the adoption of advanced conductors globally and to introduce critical new technologies for a more sustainable energy future.”

$ Funding

$
Amount - Total raised
Date February 13, 2024 Announcement date
Investors Endeavour Capital Limited Lead investors
Company ctcglobal.com Funded company

Classifications

industries
Aerospace
applications
Data Management

AskAI Classifications

Labels
Energy Software Engineering Software SaaS

Linked Companies

CTC Global
$10M to $25M