Companies in Energy Storage
There are 5,232 companies in Energy Storage which include Sunwoda Electronic, FlexGen, EnerSys, Exide Industries, Amara Raja Group. 556 companies in Energy Storage are funded, with 365 having secured Series A funding. Till date, the sector has seen the creation of 1 Unicorn. China has the most number of companies in Energy Storage (1,030), followed by United States
(742), and then India (573).
2026 has seen the creation of 3 Energy Storage companies. On average, the last 10 years have seen 73 new companies launched every year. Most number of Energy Storage startups have been founded by alumni from IIT Bombay, Yale University and Copenhagen Business School.
Here is a List of top companies in Energy Storage
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware. The company provides batteries for consumer products, electric vehicles, and energy storage. It offers energy services and develops smart hardware. The business also focuses on sustainable development practices throughout its operations.
Key facts about Sunwoda Electronic
- Founded Year: 1997
- Location: Shenzhen (China)
- Stage: Public
- Investors: IDG Capital, Cygnus Equity and 8 Others
- Latest Funding Round: Post IPO, Jun 28, 2023, $*****
- Tracxn Score: 71/100 What is this?
- Competitors Rank: 3 of 2,798 Competitors
2. FlexGen
Battery energy storage solutions and software platform for energy transition. They design and integrate battery energy storage solutions, offering a software platform that enables the energy transition. Their expertise lies in delivering utility-scale battery storage projects with energy management software. They provide solutions for data centers, EMS retrofits, and de-risking services, including supply chain management and regulatory compliance. They serve independent power producers, developers, EPCs, municipalities, utilities, and critical infrastructure providers. Their offerings include energy management system software, advanced battery analytics, activation services, and lifecycle services. The company focuses on maximizing asset performance, extending asset life, and ensuring grid reliability. They offer enhanced cybersecurity and supply chain resilience through their US-based Battery Management System. The company's modular EMS software and services cater to various phases of BESS projects, navigating the complexities of the modern energy landscape.
Key facts about FlexGen
- Founded Year: 2009
- Location: Durham (United States)
- Stage: Series C
- Total Funding till date: $276M
- Investors: General Electric, Caterpillar and 7 Others
- Latest Funding Round: Conventional Debt, Jan 22, 2025, $*****
- Tracxn Score: 69/100 What is this?
- Competitors Rank: 2 of 1,257 Competitors
3. EnerSys
Global leader providing stored energy solutions for diverse industries and applications. They redefine technology, empower customers, and meet the needs of a changing world. They offer batteries, chargers, monitoring and fleet management, energy systems, and services. Their solutions cater to communications networks, logistics, warehousing, transportation, data centers, industrial power, utilities, aerospace, defense, safety, security, and medical sectors. They provide power solutions for essential industries adapting to fast-changing landscapes, ensuring safe and uninterruptible functioning. They build systems that power reliable connections around the world, supporting vital parts of networks. They are committed to environmental stewardship, social awareness, and ethical business practices. They focus on sustainability, human rights, and compliance. They engage in sustainable procurement, industry associations, and community engagement. They offer tools like battery sizing programs and compliance calculators.
Key facts about EnerSys
- Founded Year: 1999
- Location: Reading (United States)
- Stage: Public
- Investors: Metalmark Capital, Slater Technology Fund and 3 Others
- Latest Funding Round: Grant (prize money), May 01, 2015, $*****
- Tracxn Score: 65/100 What is this?
- Competitors Rank: 3 of 1,257 Competitors
Manufacturer of lead-acid storage batteries. It also manufacturing lithium-ion battery cells and battery packs through Exide Energy Solutions and its advanced chemistry cell project. It product includes automotive, industrial, inverter, and solar solutions, catering to the power needs of various industries and households. It produces batteries for the railway, mining, and defence industries in addition to the automotive, power, telecom, infrastructure, and computer sectors.
Key facts about Exide Industries
- Founded Year: 1947
- Location: Kolkata (India)
- Stage: Public
- Total Funding till date: $100M
- Investors: Nalanda Capital and India Capital Growth
- Latest Funding Round: PE, Jun 30, 2011, $*****
- Tracxn Score: 64/100 What is this?
- Competitors Rank: 4 of 1,418 Competitors
Traditional conglomerate offering services in auto component, energy, and education sectors. It driving global energy solutions, building structures of unparalleled toughness, catalysing innovation across industries, bringing refreshing experience with captivating entertainment content.
Key facts about Amara Raja Group
- Founded Year: 1985
- Location: Hyderabad (India)
- Stage: Unfunded
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 6 of 1,418 Competitors
