PowerPlus Energy - About the company
PowerPlus Energy is an acquired company based in Scoresby (Australia), founded in 2017 by Simon Chan. It operates as a Manufacturer of solar energy batteries. PowerPlus Energy has raised an undisclosed amount in funding. The company has 4047 active competitors, including 186 funded and 266 that have exited. Its top competitors include companies like d light, Ecoflow and Sunwoda Electronic.
Company Details
- Website
- www.powerplus-energy.com.au/
- Email ID
- *****@powerplus-energy.com.au
- Phone Number
- +61 **********
Key Metrics
Founded Year
2017
Location
Scoresby, Australia
Stage
Acquired
Latest Funding Round
Ranked
134th among 4047 active competitors
Employee Count
21 as on Jul 01, 2024
Exit Details
Acquired by PPK Group (Mar 15, 2023)
PowerPlus Energy's acquisition details
PowerPlus Energy got acquired by PPK Group on Mar 15, 2023 at an acquisition amount of $1.8M.
Click here to take a look at PowerPlus Energy's acquisition in detail
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PowerPlus Energy's funding and investors
PowerPlus Energy has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Apr 21, 2026 for $*****. 1 investor participated in its latest round.
Here is the list of recent funding rounds of PowerPlus Energy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 21, 2026 | 2644815 | Grant (prize money) | 8683029 | 3692015 | 4366495 | 4634643 |
View details of PowerPlus Energy's funding rounds and investors
PowerPlus Energy's founders and board of directors
Founder? Claim ProfileThe founders of PowerPlus Energy is Simon Chan. Bradley Paton is the CEO of PowerPlus Energy.
Here are the details of PowerPlus Energy's key team members:
- Simon Chan: Co-Founder of PowerPlus Energy. Contact Info: 1 email address
- Bradley Paton: CEO of PowerPlus Energy. Contact Info: 1 email address
View details of PowerPlus Energy's Founder profiles and Board Members
PowerPlus Energy's employee count trend
PowerPlus Energy has 21 employees as of Jul 24. Here is PowerPlus Energy's employee count trend over the years:
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PowerPlus Energy's Competitors and alternates
Top competitors of PowerPlus Energy include d light, Ecoflow and Sunwoda Electronic. Here is the list of Top 10 competitors of PowerPlus Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of affordable solar energy solutions and financing. This company offers solar home systems, inverters, and appliances designed for off-grid communities. It also provides accessible financing options, such as PayGo, to expand access to clean energy. The company focuses on last-mile delivery to reach underserved areas and employs innovative product designs. Its offerings aim to improve lives by fostering education, health, and economic opportunity. | $118M | 77/100 | ||
2nd | Ecoflow 2017, San Jose (United States), Series B | Provider of portable power stations, solar generators, and home backup systems | $104M | 73/100 | |
3rd | Sunwoda Electronic 1997, Shenzhen (China), Public | Manufacturer of lithium-ion batteries, energy storage systems, and related hardware | - | 71/100 | |
4th | FlexGen 2009, Durham (United States), Series C | Battery energy storage solutions and software platform for energy transition | $276M | 69/100 | |
5th | EnerSys 1999, Reading (United States), Public | Global leader providing stored energy solutions for diverse industries and applications | - | 67/100 | |
6th | Amara Raja Group 1985, Hyderabad (India), Public | Manufacturer of batteries and other automotive components | - | - | 63/100 |
7th | Goal Zero 2010, Salt Lake City (United States), Acquired | Manufacturer of portable power stations, solar generators, and home backup systems | $13.4M | 62/100 | |
8th | Silver Pumps & Motors 1981, Rajkot (India), Series C | Manufacturer of diverse electrical products, agricultural equipment, and solar solutions | $125M | 62/100 | |
9th | Maxvolt Energy 2019, Noida (India), Public | Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions | $1.5M | 61/100 | |
10th | ZOLA Electric 2011, Amsterdam (Netherlands), Series E | Provider of solar installation and upgradation services for rural customers | $158M | 61/100 | |
134th | PowerPlus Energy 2017, Scoresby (Australia), Acquired | Manufacturer of solar energy batteries | - | - | 37/100 |
Looking for more details on PowerPlus Energy's competitors? Click here to see the top ones
PowerPlus Energy's Investments and acquisitions
PowerPlus Energy has made no investments or acquisitions yet.
Reports related to PowerPlus Energy
Here is the latest report on PowerPlus Energy's sector:
News related to PowerPlus Energy
Media has covered PowerPlus Energy for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
•
PowerPlus Unveils Residential Hybrid Inverter and Battery Solutionpv magazine•Apr 30, 2025•PowerPlus Energy, Red X Transport Pty Ltd.
•
PPK’s acquisition of stake in PowerPlus now unconditionalAustralian Manufacturing Forum•Apr 28, 2023•PPK Group, PowerPlus Energy
•
PPK Group buys into lithium battery makerAustralian Manufacturing Forum•Mar 15, 2023•PowerPlus Energy, PPK Group
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