What is Moixa?
Moixa is recognized as the UK's foremost smart battery company, focusing on the development of advanced Smart Battery hardware and its proprietary GridShare software. This integrated solution is designed for efficient energy storage and sharing, enabling the creation of virtual power plants and addressing residential flexibility challenges. By facilitating smarter energy management, Moixa plays a crucial role in climate change mitigation efforts, aiming to integrate seamlessly into the broader energy ecosystem, as evidenced by its integration into Lunar Energy.
How much funding has Moixa raised?
Moixa has raised a total of $18.9M across 4 funding rounds:
Private Equity
$2M
Other Financing Round
$3.3M
Unspecified
$7.8M
Other Financing Round
$5.8M
Private Equity (2017): $2M with participation from Tokyo Electric Power Company and First Imagine! Ventures
Other Financing Round (2017): $3.3M led by Energy and Industrial Strategy's, ITOCHU, Honda, and TEPCO Group
Unspecified (2018): $7.8M supported by ITOCHU
Other Financing Round (2020): $5.8M, investors not publicly disclosed
Key Investors in Moixa
ITOCHU
ITOCHU is a leading Japanese trading corporation with diverse business interests, including energy and technology investments, indicating a strategic alignment with Moixa's energy solutions.
Honda
Honda, a global automotive and power equipment manufacturer, brings extensive industrial expertise and a potential for synergistic integration in energy storage solutions.
Tokyo Electric Power Company
Tokyo Electric Power Company (TEPCO) is a major energy provider, suggesting a strong interest in innovative energy storage and grid management technologies like Moixa's.
What's next for Moixa?
With the infusion of major enterprise-level capital and a recent strategic investment, Moixa is poised for significant expansion and technological advancement. The company's focus on residential energy storage and grid software positions it at the forefront of the clean energy transition. Future developments are likely to center on scaling its GridShare platform, enhancing battery technology, and broadening its market reach to achieve its goal of 100% clean power for homes worldwide. This strategic backing will undoubtedly fuel innovation and solidify Moixa's leadership in the smart energy landscape.
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