# Plus Power funding: rounds and investors

> Plus Power has raised $160M across 1 round since 2025. Investors include SVB Capital and Morgan Stanley Investment Management. Every round with its source.

Source: https://millionrounds.com/company/plus-power (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Plus Power*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$160M** raised across 1 round since 2025, from 1 source

- **Latest round:** Venture, $160M Nov 2025
- **Investors:** 2

See who backed them

## The rounds

- **Nov 2025** Venture **$160M** [SVB Capital](https://millionrounds.com/fund/svb-capital) [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Source recorded

## Founders and team

From Plus Power's own website: 15 on the team.

- **Josh Goldstein** President & Chief Financial Officer
- **Naveen V. Abraham** Chief Executive Officer
- **Fernando De Samaniego Steta** Senior Vice President, Business Development
- **Ken McIntyre** Senior Vice President, Asset Operations & Performance
- **Krys Mihulka** Senior Vice President, Finance
- **Lucas Hiller** Senior Vice President, Project Finance & Capital Markets
- **Allyson Sand** Chief Administrative Officer
- **Brian Duncan** Chief Commercial Officer
- **Molly Emerson** Chief Development Officer
- **Polly Shaw** Chief External Relations Officer
- **Stacy Colby-King** Chief People Officer
- **Bobby Rudd** Executive Vice Chairman & Head of Investments
- **Alex Fraenkel** Executive Vice Chairman
- **Brandon Keefe** Executive Chairman
- **Genevieve Fox** General Counsel

Advisers *Mike Hopkins* *Oscar Dalton*

## Everyone who backed them

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

[Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=plus-power).

## Quick answers about Plus Power

### Who invested in Plus Power?

Plus Power's investors include SVB Capital and Morgan Stanley Investment Management.

### How much has Plus Power raised?

Plus Power has raised $160M across 1 round since 2025.

### When did Plus Power last raise?

Plus Power's most recent round was a Venture of $160M in Nov 2025.

### What was Plus Power's biggest round?

Its most recent round, $160M in Nov 2025, is also its largest on record.

### Who backed Plus Power first?

Plus Power's first round on record, in Nov 2025, was backed by SVB Capital and Morgan Stanley Investment Management.

### What stage is Plus Power at?

Plus Power's latest named round is a Venture, in Nov 2025.

### Where is Plus Power based?

Plus Power is based in the United States.

## Companies like Plus Power

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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