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DeltaX Raises 32 Billion Won in Series B Funding to Expand BESS Production. The company will use the proceeds to build production bases in Korea and overseas.

PRIVATESep 01, 20267 days ago

Amount Raised

₩32 Billion

Round Type

Series B

South GyeongsangManufacturingEnergyArtificial IntelligenceRenewable Energy

Investors

Quantum Ventures Korea

Description

DeltaX, an AI and energy solutions company, has raised 32 billion won in Series B funding. The funds will be used to expand its battery energy storage system (BESS) production capacity in Korea and the US. Existing investor Quantum Ventures Korea was a major participant in this funding round. DeltaX aims for over 100 billion won in revenue by 2027 through its BESS business expansion.

Company Information

Company

DeltaX

Location

South Gyeongsang, South Korea

About

DeltaX is an artificial intelligence (AI) and energy solutions company specializing in battery energy storage systems (BESS). The company designs and produces BESS systems by integrating various components and is expanding its production bases in Korea, the US, and Japan. DeltaX aims for significant revenue growth, targeting over 100 billion won in revenue by 2027. It also focuses on advancing proprietary BESS technologies and AI vision technology.

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Funding Insights

Based on industry data
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

DeltaX raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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