Powin
AcquiredPowin 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
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Funding History
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Oct 2024
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