PowerX, Inc.

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

General Information
Company Name
PowerX, Inc.
Founded Year
2021
Location (Offices)
Japan +1
Founders / Decision Makers
Number of Employees
103
Industries
Energy, Renewable Energy
Funding Stage
Series B
Social Media

PowerX, Inc. - Company Profile

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/.

Taxonomy: power transfer technology, energy storage solutions, global adoption, gigafactory, EV hyper chargers, innovation, technology, renewable energy sources, electricity transportation, clean energy, global energy, renewable energy adoption, energy innovation, sustainable energy

Funding Rounds & Investors of PowerX, Inc. (3)

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Funding Stage Amount No. Investors Investors Date
Series B ¥2.71B 7 NIPPON GAS, Japan Airlines (JAL) +3 17 Aug 2023
Series B ¥1.92B 3 NIPPON GAS, SENKO Group Holdings +1 03 Jul 2023
Series A ¥4.15B - 23 May 2022

Latest News of PowerX, Inc.

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