What is Impact Battery?
Impact Battery operates as a key distributor of battery desulfators and related products. The company's Battery Management Program (BMP) is designed to reduce long-term battery costs and promote environmental sustainability. Their product line includes consumer-ready desulfating chargers and advanced commercial-grade chargers, specializing in Sealed Lead-Acid (SLA) batteries, mobile power solutions, inverters, and smart battery chargers for a diverse range of applications including motorcycles, ATVs, UPS systems, electric scooters, RVs, and boats. Impact Battery is recognized for its comprehensive offerings in battery accessories and commitment to customer satisfaction.
How much funding has Impact Battery raised?
Impact Battery has raised a total of $450K across 1 funding round:
Debt
$450K
Debt (2024): $450K with participation from Chase
Key Investors in Impact Battery
Chase
Chase, a prominent financial institution, likely provided debt financing, supporting Impact Battery's operational expansion and capital expenditure needs.
What's next for Impact Battery?
The recent major strategic investment positions Impact Battery for accelerated scaling and potential market consolidation. With a focus on late-stage funding, the company is likely to enhance its distribution network, expand its product development capabilities, and potentially explore new technological advancements in battery management and energy storage. This capital infusion is expected to fortify its competitive advantage and support its mission to provide cost-effective and environmentally conscious battery solutions.
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