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Spiers New Technologies - About the company

Spiers New Technologies is an acquired company based in Oklahoma City (United States), founded in 2015. It operates as a Battery management solution provider. Spiers New Technologies has raised $2.8M in funding from i2E. The company has 26 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Circunomics, tozero and Altilium.

Company Details

Spiers New Technologies (SNT) is the leading full-service provider of repair, re-manufacturing, refurbishing and re-purposing of advanced battery packs used in hybrid and electric vehicles. SNT's services allow vehicle OEM's to optimize the life cycle management of their battery pack inventory and maximize its value. SNT offers a "one stop" solution for battery life cycle management including, Qualitative Analysis and safety screening of battery packs that have been removed from their original vehicle, Logistics Management of vehicle battery packs and modules, including monitored, climate-controlled storage, dealer network management and end-of-life recycling preparation, Repair and Refurbishment of vehicle battery packs for redeployment in vehicles and Re-manufacturing vehicle battery packs and modules for second life deployment in non-vehicle applications
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Email ID
*****@spiersnt.com
Phone Number
+1 **********
Key Metrics
Founded Year
2015
Location
Oklahoma City, United States
Stage
Acquired
Total Funding
$2.8M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
64 as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by Cox Automotive (Sep 01, 2021)

Spiers New Technologies's acquisition details

Spiers New Technologies got acquired by Cox Automotive on Sep 01, 2021.
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Spiers New Technologies's funding and investors

Spiers New Technologies has raised a total funding of $2.8M over 2 rounds. Its first funding round was on Aug 27, 2015. Spiers New Technologies has 3 institutional investors.

Here is the list of recent funding rounds of Spiers New Technologies:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 20, 2020
9166135
Seed
8706731
7694781
3332285
3372521
Aug 27, 2015
6427437
Seed
7212953
3922502
4863222
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Spiers New Technologies' founders and board of directors

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Spiers New Technologies' employee count trend

Spiers New Technologies has 64 employees as of Dec 22. The total employee count is the same as what it was in Dec 21. Here is Spiers New Technologies's employee count trend over the years:
Employee count trend for Spiers New Technologies
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Spiers New Technologies's Competitors and alternates

Top competitors of Spiers New Technologies include Circunomics, tozero and Altilium. Here is the list of Top 10 competitors of Spiers New Technologies, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Circunomics
Circunomics
2019, Mainz (Germany), Series A
Waste management services for electric vehicle batteries
$10.4M
59/100
2nd
Logo for tozero
tozero
2022, Germany, Seed
Provider of lithium-ion battery recycling solutions
$15.5M
59/100
3rd
Logo for Altilium
Altilium
2020, Plymouth (United Kingdom), Series B
Developer of technology for recycling electric vehicle batteries into battery materials
$22.5M
57/100
4th
Logo for Metastable Materials
Metastable Materials
2021, Bengaluru (India), Seed
Provider of end-to-end recycling services for lithium-ion batteries and products
$2.79M
50/100
5th
Logo for Renewance
Renewance
2015, Chicago (United States), Seed
Provider of end-to-end lifecycle management services for industrial batteries
-
48/100
6th
Logo for PowerTech Water
PowerTech Water
2014, Lexington (United States), Series C
Provider of technology solutions for wastewater treatment
$19M
46/100
7th
Logo for Spiers New Technologies
Spiers New Technologies
2015, Oklahoma City (United States), Acquired
Battery management solution provider
$2.8M
37/100
8th
Logo for Ziptrax
Ziptrax
2016, Delhi (India), Seed
Platform offering AI-powered solutions for repurposing and recycling lithium-ion batteries
$119K
35/100
9th
Logo for Recell.store
Recell.store
2023, Plymouth (United Kingdom), Unfunded
Platform that enables businesses to recycle and dispose electric vehicle battery packs
-
-
34/100
10th
Logo for Back2Basics
Back2Basics
2024, Aligarh (India), Unfunded
Manufacturer of sustainable lithium-ion battery materials from recycled sources
-
-
34/100
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Spiers New Technologies's Investments and acquisitions

Spiers New Technologies has made no investments or acquisitions yet.

Reports related to Spiers New Technologies

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News related to Spiers New Technologies

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