Power X
Power X is a climate tech company in Minato, Japan, founded in 2021. It has raised $12.1M across 1 round, most recently a $12.1M Series B in July 2023.
Reimagining power transfer technologies. Accelerating the adoption of renewable energy.
- Headquarters
- Minato
- Employees
- 51–200
- Founded
- 2021
- Business Model
- B2B
- Website
- power-x.jp
- Total Funding
- $12.1M
- Last Round
- $12.1M Series BJul 2023
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 1 funding round for this company. The full record is or through the API.
About
PowerX, Inc. is a Japanese energy technology company founded in March 2021 by Masahiro Ito, headquartered in Minato, Tokyo. The company pioneers renewable energy infrastructure through three core product lines: large-scale battery energy storage systems (BESS) for grid-scale and industrial use, ultrafast EV charging stations, and the world's first Battery Tankers — maritime vessels designed to transport electricity stored in batteries between offshore renewable energy sources and coastal consumers. PowerX's BESS products are used for grid stabilization and arbitrage (buying power cheaply when prices are low and selling when prices are high), and the company received its first overseas order in 2026 for a system bound for Vietnam. PowerX has formed partnerships with major automotive brands including Porsche, Audi, and Volkswagen Japan for EV charging network roaming. The company has 51–200 employees and is publicly traded.
Summary
It lists 51–200 employees. It has raised $12.1M in total across 1 round, most recently a $12.1M Series B round in Jul 2023.
Tech & App Stack
2 technologies & apps tracked
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Funding History
Jan 2024
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Funding: Series B. Amounts, valuations, and investors where available.
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