Corinex - About the company
Corinex is a series B company based in Vancouver (Canada), founded in 1999 by Peter Sobotka. It operates as a Corinex provides digital grid reinforcement through digital capacity infrastructure. Corinex has raised $30M in funding from Energy Growth Momentum. The company has 590 active competitors, including 62 funded and 37 that have exited. Its top competitors include companies like A123 Systems, Polarium and PURE EV.
Company Details
Corinex provides digital grid reinforcement through digital capacity infrastructure. Its broadband powerline (BPL) technology brings visibility and control to the grid edge, helping utilities relieve constraints, prevent overloads, and accelerate electrification across electricity networks.
- Website
- www.corinex.com/
- Email ID
- *****@corinex.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1999
Location
Vancouver, Canada
Stage
Series B
Total Funding
$30M in 2 rounds
Latest Funding Round
Investors
Ranked
11th among 590 active competitors
Employee Count
87 as on Aug 31, 2026
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Corinex's funding and investors
Corinex has raised a total funding of $30M over 2 rounds. Its first funding round was on Apr 08, 2025. Its latest funding round was a Series B round on Sep 05, 2025 for $*****. 1 investor participated in its latest round. Corinex has 4 institutional investors.
Here is the list of recent funding rounds of Corinex:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 05, 2025 | 8843684 | Series B | 9178153 | 8063905 | 9946321 | 6883184 |
Apr 08, 2025 | 6871307 | Series B | 2643168 | 1697767 |
View details of Corinex's funding rounds and investors
Corinex's founders and board of directors
Founder? Claim ProfileThe founders of Corinex is Peter Sobotka. Peter Sobotka is the CEO of Corinex.
Here are the details of Corinex's key team members:
- Peter Sobotka: Founder & CEO of Corinex. Contact Info: 1 email address
View details of Corinex's Founder profiles and Board Members
Corinex's employee count trend
Corinex has 87 employees as of Aug 26. Here is Corinex's employee count trend over the years:
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Corinex's Competitors and alternates
Top competitors of Corinex include A123 Systems, Polarium and PURE EV. Here is the list of Top 10 competitors of Corinex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | A123 Systems 2001, Hangzhou (China), Public | Manufacturer of automotive lithium-ion batteries | $201M | 76/100 | |
2nd | Manufacturer of lithium ion battery energy storage and management systems | $274M | 62/100 | ||
3rd | Manufacturer of energy storage products and electric vehicles with lithium batteries | $21.8M | 62/100 | ||
4th | Provider of IoT gateways and smart energy meters | - | 62/100 | ||
5th | KORE Power 2018, Idaho Falls (United States), Acquired | Developer of battery cells, energy storage systems, and e-mobility solutions | $75.1M | 61/100 | |
6th | ![]() nine.energy 2020, United States, Late Stage | Developer of community-scale battery energy storage systems for electric grid | $325M | 58/100 | |
7th | Provider of energy storage systems and energy management solutions for businesses | $31.8M | 58/100 | ||
8th | REPLUS Engitech 2018, Pune (India), Funding Raised | Provider of lithium-ion battery and energy storage solutions | - | 57/100 | |
9th | PUR Energy 2018, Hyderabad (India), Series A | Manufacturer of lithium batteries solar inverters and electric two wheelers | $20.9M | 57/100 | |
10th | Provider of energy storage systems, software, services, and energy trading | - | 57/100 | ||
11th | Corinex provides digital grid reinforcement through digital capacity infrastructure | $30M | 56/100 |
Looking for more details on Corinex's competitors? Click here to see the top ones
Corinex's Investments and acquisitions
Corinex has made no investments or acquisitions yet.
Reports related to Corinex
Here is the latest report on Corinex's geography:
News related to Corinex
Media has covered Corinex for a total of 9 events in the last 1 year, 5 of them have been about company updates and 2 about partnerships.
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Corinex Launches Network Intelligence Node to Reveal True Status of Low-Voltage GridEuropa Press•Aug 24, 2026•Corinex
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Corinex and Plexigrid Partner for Enhanced Grid Visibility and Flexibility SolutionsPR Newswire•Jul 06, 2026•Corinex, Plexigrid
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Santander Alternative Investments Invests in Corinex to Accelerate Grid SolutionsPR Newswire•Sep 05, 2025•Santander, Corinex
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Corinex Secures $30 Million to Scale Grid Flexibility Solutionsintelligence360•Apr 18, 2025•Corinex, Energy Growth Momentum, Suma Capital, Adara
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