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Standard Energy (스탠다드에너지)

Founded 2013 Korea South Korea South 51 employees Venture round Total: $72.01B Energy, Energy Storage

General Information

Company Name Standard Energy (스탠다드에너지)
Founded Year 2013
Location Korea South Korea South
Founders / Decision Makers
Team member
Employees 51
Industries Energy, Energy Storage
Funding Stage Venture round
Social

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About Standard Energy (스탠다드에너지)

Standard Energy is a pioneering technology company that specializes in designing and producing large-scale secondary batteries for energy storage systems. The company's innovative batteries are suitable for off-grid applications utilizing renewable energy sources or for large-scale integration with utility grids. The Standard Energy battery products are based on proprietary redox flow technology, which offers enhanced safety and cost-effectiveness compared to conventional batteries. Founded in 2013 by researchers and professors from KAIST (Korea Advanced Institute of Science and Technology) in South Korea and MIT, the company and its members hold over 200 patents for their groundbreaking technology. Standard Energy has secured funding from venture capital and national grants and received a significant KRW65.00B investment from Lotte Group in the latest investment round on 06 January 2022. The company is currently focused on manufacturing prototype products for potential customers. For more information, please visit: stndenergy.com

Business keywords: Energy Storage, Advanced Technology, Battery Technology, Redox Flow Technology, Off-Grid Applications, Utility Grid Integration, Technology Institute Spin-off, Venture Capital Funding, National Grants, Prototype Manufacturing, KAIST, MIT, Large-Scale Batteries, Patented Technology

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round KRW65.00B 1
Lotte Group
06 Jan 2022
Series C $8.90M 1
SBVA
14 Apr 2021
Venture Round KRW7.00B 4
LB Investment, Magna Investment +2
29 Nov 2019
Venture Round Undisclosed 1
KNet Investment Partners
08 Oct 2018

Standard Energy (스탠다드에너지) Alternatives & Competitors

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Standard Energy (스탠다드에너지) vs

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Standard Energy (스탠다드에너지) vs
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FAQ About Standard Energy (스탠다드에너지)

Standard Energy is an advanced technology company designing and producing large-scale secondary batteries for energy storage systems. Our batteries can be used for off-grid applications with renewable energy sources or for large scale integration with utility grids. The Standard Energy battery produ...
Standard Energy (스탠다드에너지) was founded in 2013.
Standard Energy (스탠다드에너지) is headquartered in Korea South.
Standard Energy (스탠다드에너지) operates in Energy and Energy Storage. Its work centres on Energy Storage, Advanced Technology, Battery Technology and Redox Flow Technology.
Standard Energy (스탠다드에너지) has approximately 51 employees.
Standard Energy (스탠다드에너지) has completed 4 funding rounds, raising a total of $72.01B. The latest funding stage is Venture round.
Top alternatives and competitors to Standard Energy (스탠다드에너지) include Redox One, Leclanché SA, RFC Power, HiNa Battery Technology Co., Ltd., Stalwart Power, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Standard Energy (스탠다드에너지) and Redox One 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.

Source: BounceWatch company record for Standard Energy (스탠다드에너지), https://bouncewatch.com/company/standard-energy, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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