When was Moxion Power founded?

Moxion Power was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Moxion Power located?

Moxion Power is headquartered in Richmond, United States.

Who is the current CEO of Moxion Power?

Paul Huelskamp of Moxion Power.

Which legal entities is Moxion Power associated with?

Moxion Power is associated with Moxion Limited and 2 others.

How many employees does Moxion Power have?

As of Mar 31, 2026, the latest employee count at Moxion Power is 52.

Is Moxion Power a funded company?

Moxion Power is a funded company, having raised a total of $112M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 01, 2021.

When was the latest funding round of Moxion Power?

Moxion Power's latest funding was a $***** Series B round on 2023, with participation from 1 investor. Its primary sector is Renewable Energy Tech. In United States, the Renewable Energy Tech sector has seen $898M in funding in 2026 to date.

Where does Moxion Power rank among its competitors?

Moxion Power ranks 3rd amongst 77 active competitors, of which 20 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Caban, which secured $123M in Feb, 2025.

Who are the top competitors of Moxion Power?

Moxion Power's top competitors include Northvolt, Amber Kinetics and Fox ESS. Among them, Caban secured the most recent funding round in February, 2025.

Moxion Power - 2026 Company Profile, Team, Funding & Competitors

Moxion Power is a series B company based in Richmond (United States), founded in 2020 by Alexander Meek, Alex Smith and Paul Huelskamp. It operates as a Provider of mobile and stationary energy storage systems and related services. Moxion Power has raised $112M in funding from investors like Y Combinator, Energy Impact Partners and Tamarack Global. The company has 77 active competitors, including 20 funded and 8 that have exited. Its top competitors include companies like Northvolt, Amber Kinetics and Fox ESS.

Company Details

Provider of mobile and stationary energy storage systems and related services. The company offers scalable energy storage solutions for utilities, indoor installations, microgrids, telecommunications, and intelligent traffic management. It also provides energy storage for events and next-generation electric vehicle charging applications. The company offers technical assistance and support for its products.

Website: moxionpower.com
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Key Metrics

Founded Year

2020

Location

Richmond, United States

Stage

Series B

Total Funding

$112M in 5 rounds

Latest Funding Round

Series B, 2023, $*****

Investors

Y Combinator & 12 more

Ranked

3^rd among 77 active competitors

Employee Count

52 as on Mar 31, 2026

Similar Companies

Northvolt & 87 more

View Moxion Power's full profile

Moxion Power is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Moxion Power Co. CIN: 20231156153 , United States, Active	Feb 07, 2023	-	-	-
Moxion Limited CIN: 5902927 , New Zealand, Active	Mar 03, 2016	-	-
Moxion Power Co. CIN: 84-4863599 , United States, Active	Jan 01, 2020	-	344 (As on Dec 31, 2023)	-

Moxion Power has raised a total funding of $112M over 5 rounds. Its first funding round was on Jan 01, 2021. Its latest funding round was a Series B round on 2023 for $*****. 1 investor participated in its latest round. Moxion Power has 13 institutional investors.

Here is the list of recent funding rounds of Moxion Power:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	1105	Series B	1747	9275	1151	7835
Dec 20, 2022	9734611	Series B	4237143	5480841	5217351	Microsoft & 1 more
Sep 28, 2022	4691243	Series B	8686827	1313497	Tamarack Global	Energy Impact Partners & 7 more

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View details of Moxion Power's funding rounds and investors

The founders of Moxion Power are Alexander Meek, Alex Smith and Paul Huelskamp.

Here are the details of Moxion Power's key team members:

Alexander Meek: Co-Founder of Moxion Power and founder of 2 other companies, Outfit Ventures and Newday Impact.
Alex Smith: Co-Founder and CTO of Moxion Power.
Paul Huelskamp: Co-Founder & CEO of Moxion Power.

View details of Moxion Power's Founder profiles and Board Members

Moxion Power's employee count trend

Moxion Power has 52 employees as of Mar 26. Here is Moxion Power's employee count trend over the years:

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Top competitors of Moxion Power include Northvolt, Amber Kinetics and Fox ESS. Here is the list of Top 10 competitors of Moxion Power, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Northvolt 2016, Stockholm (Sweden), Acquired	Manufacturer of lithium-ion batteries for electric vehicles	$9B	Goldman Sachs, Volkswagen & 51 others	75/100
2nd	Amber Kinetics 2009, Union City (United States), Series C	Innovative flywheel energy storage systems for a sustainable energy future	$25M	Elemental, OSTI	61/100
3rd	Moxion Power 2020, Richmond (United States), Series B	Provider of mobile and stationary energy storage systems and related services	$112M	WorldQuant Ventures, Rocketship & 11 others	61/100
4th	Fox ESS 2019, Wenzhou (China), Series D	Manufacturer of inverters, chargers, batteries, and energy storage system components	$141M	Ori-mind Capital, Panorama Capital	59/100
5th	Ambri 2010, Marlborough (United States), Series D	Developer of liquid metal battery technology for grid-scale energy storage	$222M	Paulson & Co, Japan Energy Fund & 9 others	52/100
6th	Caban 2016, Burlingame (United States), Series D	Cloud based energy storage solutions	$174M	BCP Blitz, California Energy Commission & 4 others	52/100
7th	Pika Energy 2010, South Portland (United States), Acqui-Hired	Provider of lithium-based on-grid energy storage solutions for residential applications	$9.6M	Clean Energy Venture Group, CEI & 8 others	51/100
8th	Canadian Solar 2001, Cremorne (Australia), Public	Provider of solar modules, energy storage solutions, and utility-scale project development	-	IFC, CDH & 1 others	51/100
9th	Eguana Technologies 1999, Calgary (Canada), Public	Provider of energy storage systems for residential and commercial use	$500K	Stifel, Cormark Securities & 4 others	49/100
10th	KORE Power 2018, Idaho Falls (United States), Series C	Developer of battery cells, energy storage systems, and e-mobility solutions	$75.1M	Siemens, ADS Ventures & 6 others	47/100