Moxion Power Raises $10 Million Series A Led By Energy Impact Partners To Electrify The Construction Industry

May 19, 2021•about 4 years ago

Amount Raised

$10 Million

Round Type

series a

Richmond

Description

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 Information

Company

Moxion Power

Location

Richmond, Virginia, United States

About

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 120 Global Status Report for Buildings and Construction 2A - Fast Facts: US Transportation Sector Greenhouse Gas Emissions, 1990-2018

FundzWatch™ Score

Medium Activity

Buyer Intent Analysis

Get personalized insights on buying likelihood

Funding Insights

Based on industry data

Tech investment trends