What is Trojan Battery?
Founded in 1925 and headquartered in Santa Fe Springs, California, Trojan Battery has established itself as a cornerstone of the deep-cycle battery manufacturing industry. The company specializes in high-performance energy storage solutions, serving a diverse array of sectors including renewable energy, golf and utility vehicles, floor machine, and aerial work platform markets. By prioritizing engineering excellence and durability, Trojan Battery has maintained a dominant market share, effectively navigating the transition toward more sustainable and efficient power storage systems. Its legacy of innovation, spanning nearly a century, positions it as a critical player in the global industrial supply chain.
How much funding has Trojan Battery raised?
Trojan Battery has raised a total of $100M across 1 funding round:
Private Equity
$100M
Private Equity (2011): $100M with participation from Bank of America
Key Investors in Trojan Battery
Bank of America
Bank of America is a global financial services institution that provides a comprehensive range of banking, investment, asset management, lending, and risk management solutions to individuals, businesses, corporations, governments, and institutional clients.
What's next for Trojan Battery?
Looking ahead, the infusion of capital is expected to accelerate Trojan Battery's strategic initiatives, particularly in the realm of advanced battery chemistry and automated production efficiency. As the global demand for reliable, long-cycle energy storage continues to rise, the company is well-positioned to leverage its historical expertise to capture emerging opportunities in the electrification of industrial equipment. Future growth will likely focus on expanding its international distribution networks and integrating smart-battery technologies to meet the evolving requirements of enterprise-level clients. By maintaining a disciplined approach to capital allocation, Trojan Battery aims to solidify its competitive advantage while navigating the complexities of the modern energy transition.
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