PowerX, Inc.

PowerX, Inc.

Reimagining power transfer technologies. Accelerating the adoption of renewable energy.

Founded 2021 Japan

Japan 103 employees Series B Total: $8.78B Energy, Renewable Energy

PowerX, Inc. is a game-changing company in the energy and renewable energy sector, with a mission to revolutionize power transfer technologies and drive the widespread adoption of renewable energy. Founded in 2021, the company aims to redefine the global energy landscape by introducing innovative solutions. One of the most ambitious projects of PowerX, Inc. is the development of a groundbreaking "power transfer ship" designed to transport electricity across the world. Additionally, the company plans to establish a gigafactory in Japan for the production of various energy storage solutions, including EV hyper chargers, grid/marine ESS, and home batteries. This multi-faceted approach underscores the company's commitment to driving innovation and advancing renewable energy technologies. With the recent ¥2.71B Series B investment on 17 August 2023, PowerX, Inc. has attracted significant support from a diverse group of prominent investors, including Mori Trust, Frontive Services, NIPPON GAS, Japan Airlines (JAL), NEC Orchestrating Future Fund, YASKAWA Electric, and JAPEX. This investment reflects the growing confidence in the company's vision and its potential to drive positive change in the energy sector. As PowerX, Inc. continues to make strides in redefining energy transfer and storage, it presents an exciting opportunity for venture capitalists looking to support pioneering technologies that can shape the future of renewable energy on a global scale. For more information about the company and career opportunities, visit https://power-x.jp/.

Funding Stage	Amount	Investors	Lead Investors	Date
Series B	¥2.71B	7	Mori Trust, Frontive Services +5	17 Aug 2023
Series B	¥1.92B	3	NIPPON GAS, SENKO Group Holdings +1	03 Jul 2023
Series A	¥4.15B	-		23 May 2022

Funding Stage

Amount

Investors

Lead Investors

Date

Series B

¥2.71B

Mori Trust, Frontive Services +5

17 Aug 2023

Series B

¥1.92B

NIPPON GAS, SENKO Group Holdings +1

03 Jul 2023

Series A

¥4.15B

23 May 2022

FAQ About PowerX, Inc.

Reimagining power transfer technologies. Accelerating the adoption of renewable energy.

PowerX, Inc. was founded in 2021.

PowerX, Inc. is headquartered in Japan.

PowerX, Inc. operates in Energy and Renewable Energy. Its work centres on power transfer technology, energy storage solutions, global adoption and gigafactory.

PowerX, Inc. has approximately 103 employees.

PowerX, Inc. has completed 3 funding rounds, raising a total of $8.78B. The latest funding stage is Series B.

Top alternatives and competitors to PowerX, Inc. include KSTAR, UBIK Solutions, Enernet Global, Ore Energy, Panasian Power PLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

PowerX, Inc. and KSTAR are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (3)

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FAQ About PowerX, Inc.