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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.
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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
Ranked
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
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Corinex's founders and board of directors

Founder? Claim Profile
The founders of Corinex is Peter Sobotka. Peter Sobotka is the CEO of Corinex.
Here are the details of Corinex's key team members:

Corinex's employee count trend

Corinex has 87 employees as of Aug 26. Here is Corinex's employee count trend over the years:
Employee count trend for Corinex
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for A123 Systems
A123 Systems
2001, Hangzhou (China), Public
Manufacturer of automotive lithium-ion batteries
$201M
76/100
2nd
Logo for Polarium
Polarium
2015, Stockholm (Sweden), Series D
Manufacturer of lithium ion battery energy storage and management systems
$274M
62/100
3rd
Logo for PURE EV
PURE EV
2015, Hyderabad (India), Series A
Manufacturer of energy storage products and electric vehicles with lithium batteries
$21.8M
62/100
4th
Logo for Sagemcom
Sagemcom
2008, Rueil malmaison (France), Acquired
Provider of IoT gateways and smart energy meters
-
62/100
5th
Logo for KORE Power
KORE Power
2018, Idaho Falls (United States), Acquired
Developer of battery cells, energy storage systems, and e-mobility solutions
$75.1M
61/100
6th
Logo for nine.energy
nine.energy
2020, United States, Late Stage
Developer of community-scale battery energy storage systems for electric grid
$325M
58/100
7th
Logo for Voltfang
Voltfang
2020, Aachen (Germany), Series B
Provider of energy storage systems and energy management solutions for businesses
$31.8M
58/100
8th
Logo for REPLUS Engitech
REPLUS Engitech
2018, Pune (India), Funding Raised
Provider of lithium-ion battery and energy storage solutions
-
57/100
9th
Logo for PUR Energy
PUR Energy
2018, Hyderabad (India), Series A
Manufacturer of lithium batteries solar inverters and electric two wheelers
$20.9M
57/100
10th
Logo for Tesvolt
Tesvolt
2014, Seevetal (Germany), Public
Provider of energy storage systems, software, services, and energy trading
-
57/100
11th
Logo for Corinex
Corinex
1999, Vancouver (Canada), Series B
Corinex provides digital grid reinforcement through digital capacity infrastructure
$30M
56/100
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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

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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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