What is EVO Power?
EVO Power is a frontrunner in energy storage technology, specializing in fully integrated Battery Energy Storage Systems (BESS) and sophisticated software solutions. These offerings empower commercial and utility enterprises, as well as government organizations, to participate in market trading and grid services. Engineered for high return on investment, EVO Power's technology is instrumental in facilitating the transition to a renewable energy future, enabling clients to lead the charge in decarbonization efforts.
How much funding has EVO Power raised?
EVO Power has raised a total of $19.9M across 1 funding round:
Private Equity
$19.9M
Private Equity (2025): $19.9M with participation from Mirae Asset Venture Investment and AJU IB INVESTMENT
Key Investors in EVO Power
Mirae Asset Venture Investment
Mirae Asset Venture Investment is a venture capital firm operating within the Venture Capital & Private Equity sector, known for its investments in innovative companies.
AJU IB INVESTMENT
AJU IB INVESTMENT is a leading multistage venture capital and private equity firm with significant assets under management, focusing on providing funding to companies at various development stages.
What's next for EVO Power?
The substantial enterprise-level funding and recent strategic investment signal a period of accelerated growth and market expansion for EVO Power. This capital infusion is expected to fuel further innovation in their world-class energy storage technology, enhance their turnkey BESS and software capabilities, and broaden their reach into new commercial and utility markets. EVO Power is strategically positioned to capitalize on the increasing global demand for reliable and efficient energy storage solutions, reinforcing its commitment to a sustainable energy landscape.
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