Powerup Technology
Advanced battery analytics
Paris, France · Founded 2017 · $274.0M raised
- Headquarters
- Paris
- Founded
- 2017
- Business Model
- B2B
- Website
- powerup-technology.com
- Total Funding
- $274.0M
- Last Round
- $105.0M Extension RoundAug 2024
- Rounds
- 5
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
PowerUp is a battery analytics company that helps operators of large-scale battery energy storage systems (BESS) and electric vehicle fleets turn raw operational data into actionable insights to improve reliability, performance, and battery lifetime. Founded in 2017 as a spin-off from CEA-Liten, one of Europe's largest alternative energy research institutes, the company's platform combines deep electrochemistry expertise with data science and patented algorithms developed over more than a decade of research. Now a subsidiary of Socomec Group, PowerUp operates independently from its Paris headquarters and its Battery Insight platform is embedded in every new Socomec BESS.
Summary
Powerup Technology is a Climate Tech company based in Paris, France, founded in 2017. It has raised $274.0M in total across 5 rounds, most recently a $105.0M Extension Round in Aug 2024. Investors include Notable Capital, BAI capital and GGV Capital.
Tech & App Stack
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Funding History
Aug 2024
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Funding: Seed through Extension Round. Amounts, valuations, and investors where available.
Investors
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