Battery Energy Storage Systems, IP and High-Utility Manufacturing and Testing Equipment Go to Auction on November 7 | PR Newswire [Video]

Tiger Group sale features more than 150 lots from grid-edge tech startup Veloce Energy

, /PRNewswire/ — In an assignment for the benefit of creditors, Tiger Group will auction assets and intellectual property from grid-edge tech startup Veloce Energy on November 7.

“Veloce Energy is known for creating Fastgrid™—a platform geared toward more efficient deployment and operation of infrastructure such as EV charging stations, commercial solar installations and industrial storage facilities,” said Chad Farrell, Managing Director of Tiger Commercial & Industrial. “The company was part of the ‘grid edge’ tech movement, which focuses on modernizing the grid and accelerating the transition away from fossil fuels.”

The timed, online auction of assets from Veloce Energy’s Loveland facility—as well as IP that includes trademarks, logos and two provisional patents—closes on Thursday, November 7, at 10:30 a.m. (MT). Bidding opens on Thursday, October 31, at 10:30 a.m. (MT) at SoldTiger.com.

The …