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ElectrIQ Power
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Short description

Provider of energy storage solutions integrating hardware and software into one offering

Founded in 2014
Founded in

Company type Private Public (ELIQ)
Company type

Industry Group energy & power

Sector energy storage

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters San Leandro, CA San Leandro, United States
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Updated by Hattie Partner at on 06/09/2025

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IPO INFORMATION

Date

01/16/2024

IPO status

Withdrawn

IPO Type

SPAC

Amount

$495M

Initial shares

Ticker symbol

ELIQ

Exchange listed

NYSE

Prospectus URL

Prospectus

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Source

Description

125 million in capital will be raised for Electriq to grow business to meet the needs for residential solar energy storage. On January 16th, 2024, NYSE announced that they intended to commence the delisting process for ELIQ

Date Investors Type Amount
04/06/2020 (0)
Post-money valuation of
Funding will be used to expand operations, mainly product development and deployment services for its PowerPod residential battery system. The raise came from 11 new investors who provided between $100,000 and $1 million each.
Series A $3,000,000
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Products
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PowerPod 2

The PowerPod 2 is the smart home battery backup system designed to save on electricity costs and protect against blackouts.

Wide Commercial Availability Products - Retail
$/kW (current)
$/kW (projected)
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