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nine.energy - About the company

nine.energy is a late stage company based in United States, founded in 2020. It operates as a Developer of community-scale battery energy storage systems for electric grid. nine.energy has raised $325M in funding from Manulife Investment Management. The company has 636 active competitors, including 128 funded and 56 that have exited. Its top competitors include companies like Voltus, Forsee Power and GridBeyond.

Company Details

Developer of community-scale battery energy storage systems for electric grid. They assemble teams, technology, and partners to complete projects. The organization combines experience with expertise in its field. It delivers projects and provides news updates.
Key Metrics
Founded Year
2020
Location
Stage
Late Stage
Total Funding
$325M in 5 rounds
Ranked
Employee Count
97 as on Aug 31, 2026
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nine.energy's funding and investors

nine.energy has raised a total funding of $325M over 5 rounds. Its first funding round was on Jan 21, 2022. Its latest funding round was a Conventional Debt round on Oct 09, 2025 for $*****. 1 investor participated in its latest round. nine.energy has 6 institutional investors.

Here is the list of recent funding rounds of nine.energy:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 09, 2025
9902866
Conventional Debt
1891915
5775782
1335082
8939638
Jul 17, 2024
9138682
Conventional Debt
3117137
3721869
7921914
Jan 10, 2024
3761772
PE
4438414
1141074
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nine.energy's founders and board of directors

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nine.energy's employee count trend

nine.energy has 97 employees as of Aug 26. Here is nine.energy's employee count trend over the years:
Employee count trend for nine.energy
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nine.energy's Competitors and alternates

Top competitors of nine.energy include Voltus, Forsee Power and GridBeyond. Here is the list of Top 10 competitors of nine.energy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Voltus
Voltus
2016, San Francisco (United States), Public
Provider of demand response services for energy users and operators
$66.2M
67/100
2nd
Logo for Forsee Power
Forsee Power
2011, Paris (France), Public
Manufacturer of battery systems for electric vehicles and mobility applications
$143M
66/100
3rd
Logo for GridBeyond
GridBeyond
2010, London (United Kingdom), Series C
Developer of software for managing distributed and flexible energy resources
$89.9M
64/100
4th
Logo for Polarium
Polarium
2015, Stockholm (Sweden), Series D
Manufacturer of lithium ion battery energy storage and management systems
$274M
62/100
5th
Logo for Verlume
Verlume
2013, Inverurie (United Kingdom), Series A
Manufacturer of subsea battery systems and intelligent energy management technology
$12.3M
62/100
6th
Logo for Qnovo
Qnovo
2009, Milpitas (United States), Series C
Battery management software for the e-mobility sector
$40M
62/100
7th
Logo for KULR Technology
KULR Technology
2013, San Diego (United States), Public
Developer of battery safety and thermal management solutions for various applications
$9.16M
-
61/100
8th
Logo for Zitara
Zitara
2019, San Francisco (United States), Acquired
Provider of cloud based and embedded battery management software
$29M
61/100
9th
Logo for Virtual Peaker
Virtual Peaker
2015, Louisville (United States), Series A
Provider of solutions for demand response and energy intelligence
$19.8M
60/100
10th
Logo for Axle Energy
Axle Energy
2023, London (United Kingdom), Series A
Provider of a platform connecting home energy assets to electricity markets
$35.6M
60/100
15th
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
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nine.energy's Investments and acquisitions

nine.energy has made no investments or acquisitions yet.

Reports related to nine.energy

Here is the latest report on nine.energy's sector:

News related to nine.energy

lockFilter this list
Media has covered nine.energy for a total of 5 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
•
NineDot secures funds to advance NY battery storage pipelineRenewables Now•Apr 17, 2024•nine.energy
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FAQs about nine.energy

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