Moxion Power Secures $100 Million Series B To Scale Clean Energy Manufacturing And Signs Strategic Partnership With Sunbelt Rentals
Moxion Power Secures $100 Million Series B To Scale Clean Energy Manufacturing And Signs Strategic Partnership With Sunbelt Rentals
09/28/22, 11:03 AM
Location
richmond
Money raised
$100 million
Industry
other
Round Type
series b
Moxion Power Co., a manufacturer of clean, mobile energy storage technology, today announced securing $100 million in Series B funding led by Tamarack Global along with participation from Moxion’s Series A lead-investor, Energy Impact Partners. Several significant investors participated in the round, including Sunbelt Rentals, Amazon’s Climate Pledge Fund, Microsoft’s Climate Innovation Fund, Enterprise Holdings Ventures, Marubeni Ventures, Suffolk Technologies, and Rocketship.vc. Moxion Power will use the funding to scale production at its first two domestic manufacturing facilities to meet the increasing demand for its mobile energy storage product lineup.