PowerX
PublicPowerX is now publicly traded
The data on this page reflects PowerX's private-market history up to the point it went public, including its funding rounds, valuation, and investors.
Last Round
Series C
Mar 7, 2025
Est. Valuation at Exit
$366.79M
Total Funding Raised
$202.48M
Company Overview
PowerX operates in ClimateTech / Sustainable and is based in Minato City, Tokyo. It has raised $202.48M.
PowerX is an energy technology company that manufactures large-scale battery energy storage systems and develops power transfer vessels for renewable energy transmission.
Sector
ClimateTech / Sustainable
AI Layer
Application
PowerX Comparables
Compare PowerX with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| ELIIY Power Co., Ltd. | 80% | |
| CONNEXX SYSTEMS Corporation | 79% | |
| e-Mobility Power, Inc. | 73% |
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PowerX Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Mar 7, 2025 | ||||
| Debt | Jan 22, 2024 | ||||
| Series B | Aug 17, 2023 | ||||
| VC Round | Jan 10, 2023 | ||||
| Debt | Nov 15, 2022 | ||||
Series A | Aug 3, 2022 |
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Key People
Founding team and executive leadership
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PowerX Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Mori Trust Co., Ltd. | Series B, Series A |
| Imabari Shipbuilding | Series A |
| K4 Ventures | Series A |
| TransLink Capital | Series B, Series A |
| Mizuho Capital | Series A |
| BOT Lease | Debt |
| MUFG Bank | Series A |
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Recent news
Latest coverage and updates
- signs_new_clientOct 20, 2026
PowerX Inc. signs Tokai Rika Co., Ltd. as a new client through an equipment supply contract for a 10 MWh battery storage installation in Japan, announced on Oct 19th '26.
- signs_new_clientSep 21, 2026
PowerX Inc. signs Daiwa Energy & Infrastructure Ltd. as a new client through an order to supply 109.7 MWh of grid-scale battery energy storage equipment for grid-connected storage projects in Japan.
- launchesAug 11, 2026
In Aug '26, PowerX Inc. launches its Grid Connector series, an integrated system that combines power conversion systems, transformers, high-voltage switchgear, and other components to simplify grid connections for BESS facilities and data centers.
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PowerX Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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