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Overview
Moment Energy creates commercial-scale, sustainable energy storage solutions (ESS) from repurposed electric vehicle (EV) batteries. Our ESS helps you achieve your energy and sustainability goals. By using an ESS, you will reduce energy costs, replace fossil fuels, and facilitate the adoption of renewables.
The system comes in 288kWh building blocks stackable up to 1MWh. Moment Energy's solution has various applications. Commercial and industrial facilities and EV charging networks can significantly reduce utility demand charges by pairing Moment Energy's ESS with an inverter, which levels out peaks in electricity use. Additionally, our systems are a cost-effective alternative to upgrading power infrastructure on EV charging networks. Our ESS delivers performance similar to new lithium-ion batteries at a fraction of the cost. Moment is a leader in Battery Management Systems (BMS) with it's Google Validated AI systems giving it the ability to be the safest and most flexible BMS in the market extending life time of all battery chemistries for decades. Moment Energy has developed one of North America's top module level and pack level testing facilities allowing it to work with countless battery suppliers on R&D and faster and more accurate life time degradation testing. Moment has collected one of the world's largest real world battery degradation datasets leading in AI Pre-trained Transformer models for batteries.
About
Energy, Renewable Energy, Battery, Environmental Consulting
2019
11-50
Headquarters locations
North America
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N/A
Profile Resume
Moment Energy headquartered in North America, operates in the Energy, Renewable Energy, Battery, Environmental Consulting sector. The company focuses on Energy and has secured $2.2B in funding across 96 round(s). With a team of 11-50 employees, Moment Energy is actively contributing to advancements in Energy. Their latest funding round, Grant - Moment Energy, raised $3.6M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
6
0
0
$22.6M
Details
3
Moment Energy has raised a total of $22.6M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2020 | Seed | |||
2022 | Seed | 4.1M | ||
2021 | Seed | 3.9M |
Investors
Moment Energy is funded by 17 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Moment Energy | - | FUNDING ROUND - Moment Energy | 6.0M |
US Department of Energy | - | FUNDING ROUND - US Department of Energy | 6.0M |
Moment Energy | - | FUNDING ROUND - Moment Energy | 6.0M |
Internal Revenue Service | - | FUNDING ROUND - Internal Revenue Service | 6.0M |
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