Moxion Power

Moxion Power

Provides zero-emission mobile battery power solutions

About

Moxion Power provides zero-emission power solutions through its main product, the MP-75, a mobile battery energy storage system (BESS) that offers 75kW of power and over 600kWh of energy. This system is designed to replace traditional diesel generators, eliminating harmful emissions and requiring no maintenance or fluid checks, making it a plug-and-play solution. Moxion's business model focuses on the rental and sale of these units, partnering with companies like Sunbelt Rentals to make their products accessible to various clients, including film studios, event organizers, and construction companies. Unlike competitors that still rely on diesel generators, Moxion targets sectors that need cleaner energy alternatives. The company's goal is to promote sustainable power solutions while reducing the carbon footprint of industries that have traditionally depended on fossil fuels.

Company Stage

Series B

Employees

51-200

Industries

Energy, Consumer Goods

Total Funding

$110.1M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • Securing $100M in Series B funding and launching a manufacturing plant in California signal strong growth potential.
  • High-profile partnerships and projects, such as powering the Mill Valley Music Festival, demonstrate the practical and scalable application of their technology.
  • Recognition as a TIME Best Invention of 2023 highlights the innovative edge of Moxion's products.

What critics are saying

  • The clean energy market is highly competitive, requiring continuous innovation to maintain a leading position.
  • Dependence on large-scale partnerships and high-profile clients could pose risks if these relationships falter.

What makes Moxion Power unique

  • Moxion Power's MP-75 mobile battery energy storage system offers a zero-emission alternative to traditional diesel generators, setting it apart in the clean energy market.
  • Their plug-and-play solution requires no maintenance or fluid checks, providing a hassle-free experience for clients.
  • Partnerships with high-profile clients like Amazon and Sunbelt Rentals enhance their market credibility and accessibility.

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Growth & Insights
Headcount

6 month growth

-55%

1 year growth

-47%

2 year growth

60%

Benefits

Health, dental, & vision coverage

Unlimited PTO

Competitive equity & compensation packages

Free coffee & snacks

Flexible work from home policy

Professional development

Parental leave

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