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Moixa
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Short description

Developer of smart batteries and software to manage, optimize and aggregate batteries, including EVs, for grid services

Founded in 2010
Founded in

Company type Acquired Public ()
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

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Headquarters United Kingdom London, United Kingdom
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Parent Companies Moixa Energy Holdings

Updated by Simon Daniel at Moixa Energy on 01/23/2019

Edited by Cleantech Group on 06/10/2021

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  • 1 M&A items
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ITOCHU ITOCHU

ITOCHU, a leading Japanese trading house with business interests and holdings worldwide, partnered with Moixa in order to deploy their own SmartStar Energy Storage System hardware to customers in tandem with Moixa’s GridShare Client service. In October 2018 Moixa has also launched smart tariff integration with GridShare with TEPCO Group subsidiary TRENDE.

Confirmed by ITOCHU

Partnerships
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Date Partner Type
04/15/2021
Honda Honda
Launch of e:PROGRESS, an intelligent home electric vehicle charging offer using Moixa’s GridShare technology.
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Confirmed by Honda
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IPO INFORMATION

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Description

Date Investors Type Amount
07/22/2020 ITOCHU ITOCHU (1)
Post-money valuation of
Funding will be used to support further expansion for the company’s artificial intelligence software GridShare, in Japan, the UK, mainland Europe and the US, as well as aiding its new smart charging partnership with Honda, which is due to be launched this summer. The company plans to secure a further $12.7 million by the end of 2020.
Growth Equity $5,840,000
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Products
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Product image Name Product status Revenue model Cost metrics

GridShare

GridShare is a customisable cloud-based software platform that connects storage devices to the grid, to enable smart energy management. It applies AI and machine learning to optimise power distribution through the grid and help customers maximise the value of energy. To enable smart charging, control and optimisation of third party devices (e.i. EVs) we offer GridShare Hub.

Pilot/Early Revenue Service - Per Unit
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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