Bright Rail Energy formed to design, develop, and sell products to railroads and transition to natural gas to power locomotives.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Arvada
State: Colorado
Zip:
Country: United States
Bright Rail Energy formed to design, develop, and sell products to railroads and transition to natural gas to power locomotives. BRE’s unique proprietary, Bright Rail Energy Auxiliary Power System (APS), complements a diesel-electric locomotive by providing natural gas produced electricity to a locomotive’s electric traction motors. Both the APS and locomotive generate electricity to move the train at the desired speed. It was founded in 2012 and headquartered in Arvada, Colorado.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 11/2013 | Venture Round | $2.6M | 6/2014 | Venture Round | $1.8M |
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