Powin

Acquired

Powin Battery Support & Parts

Portland, United States · Founded 1989 · $160.0M raised

Headquarters
Portland, Oregon
Employees
201–500
Founded
1989
Business Model
B2B
Website
powin.com
Total Funding
$160.0M
Last Round
$135.0M Growth EquityJul 2022
Rounds
2

About

Powin was a US-based global energy storage integrator specializing in utility-scale battery energy storage systems. Designed and deployed Stack and Pod Max products. In mid-2025 Powin ceased operations; FlexGen Power Systems acquired key assets in August 2025, ensuring continuity for 200+ sites in 10 countries.

Summary

Powin is a Clean Energy company based in Portland, United States, founded in 1989. It has raised $160.0M in total across 2 rounds, most recently a $135.0M Growth Equity round in Jul 2022. Investors include KKR, GIC and Jiangsu Shunfeng Photovoltaic Technology.

Tech & App Stack

5 technologies & apps tracked

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Funding History

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Debt FinancingDebt FinancingOct 2024
$200.0M

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