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Standard Energy (스탠다드에너지)

Founded 2013 Korea South Korea South 51 employees Series Unknown Total: $72.01B Energy, Energy Storage

General Information

Company Name Standard Energy (스탠다드에너지)
Founded Year 2013
Location Korea South Korea South +1
Founders / Decision Makers
Team member
Employees 51
Industries Energy, Energy Storage
Funding Stage Series Unknown
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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

Taxonomy: 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 •••••• 1 •••• •••• 06 Jan 2022
Series C •••••• 1
Investor
14 Apr 2021
Venture Round •••••• 4
Investor Investor Investor Investor
29 Nov 2019
Venture Round •••••• 1
Investor
08 Oct 2018

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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 the following industries: Energy, Energy Storage.
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 Series Unknown.
Top alternatives and competitors to Standard Energy (스탠다드에너지) include Gridless, Solar Water Solutions, Iron Edison, TerraStor, PolyJoule, 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 Gridless 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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