Moxion Power Raises $10 Million Series A Led By Energy Impact Partners To Electrify The Construction Industry
Moxion Power Raises $10 Million Series A Led By Energy Impact Partners To Electrify The Construction Industry
05/19/21, 11:50 AM
Location
richmondMoney raised
$10 million
Round Type
series a
Moxion Power, a Y Combinator backed, vertically integrated manufacturer of mobile energy storage systems, announced today it has raised a $10 million Series A financing led by Energy Impact Partners (EIP). The round was completed with the support of several of Moxion’s existing investors, including Tamarack Global and Liquid 2 Ventures.
Company Info
Location
richmond, virginia, united states
Additional Info
Moxion Power manufactures mobile energy storage technology and operates an all-electric equipment rental business, providing clean, temporary-power-as-a-service to customers in industries such as construction, electrified transportation, events and entertainment, and telecommunications. Moxion’s technology and vertically integrated business model offer the first viable alternative to fossil fuel-burning generators. Moxion has signed letters-of-intent with some of the largest construction firms and EV fleet operators in the US and plans to open its first rental location in the San Francisco Bay Area in Q3 2022. Moxion’s founders have backgrounds in battery engineering, vehicle electrification, renewable energy project finance, and construction. Visit moxionpower.com for more information and follow us on LinkedIn for future updates. HQ: Richmond, CA.
Related Links
www.moxionpower.com
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