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Moment Energy secures $5M in Debt Financing from TD Innovation Partners to accelerate the repurposing of lithium-ion batteries for energy storage.

PRIVATENov 18, 2025•6 months ago

Amount Raised

$5 Million

CoquitlamManufacturingEnergyRenewable Energy

Investors

Td Innovation Partners

Description

Moment Energy, a Vancouver-based EV battery repurposing company, received $5M in growth financing from TD Innovation Partners. The funds will be used to enhance the company's ability to repurpose lithium-ion batteries into energy storage systems. Led by CEO Edward Chiang, Moment Energy aims to support commercial and industrial energy applications. The company is focused on extending the life of EV batteries and contributing to sustainability efforts.

Company Information

Company

Moment Energy

Location

Coquitlam, British Columbia, Canada

About

Moment Energy is a leading EV battery repurposing company in North America, focused on providing sustainable energy storage solutions. The company specializes in transforming retired electric vehicle batteries into battery energy storage systems (BESS) for various commercial and industrial applications. With plans to build the world’s first second-life gigafactory in the U.S., Moment Energy is positioned to capitalize on the growing demand for energy storage. Their innovative approach contributes to grid stability and enhances lithium security in the region.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies.

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