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, Moxion specifically targets sectors that have relied on diesel generators, providing a cleaner alternative. The company's goal is to promote sustainable power solutions and reduce the carbon footprint of industries that traditionally depend on fossil fuels.

Company Stage

Series B

Employees

51-200

Industries

Energy, Consumer Goods

Total Funding

$110.1M

Headquarters

Richmond, California

Founded

2020


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Simplify's Take

What believers are saying

  • Moxion secured $100M in Series B funding, indicating strong investor confidence.
  • Their technology was named a TIME Best Invention of 2023, enhancing brand credibility.
  • State funding and tax credits in California support Moxion's manufacturing expansion.

What critics are saying

  • Increased competition from startups in the clean energy sector may challenge market share.
  • Reliance on key partnerships poses risks if partners develop their own solutions.
  • Rapid expansion could strain operational capabilities and affect quality control.

What makes Moxion Power unique

  • Moxion Power offers zero-emission mobile battery energy storage systems, replacing diesel generators.
  • Their MP-75 product is a plug-and-play solution requiring no maintenance or fluid checks.
  • Partnerships with Sunbelt Rentals make Moxion's solutions accessible to diverse industries.

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Growth & Insights
Headcount

6 month growth

-14%

1 year growth

18%

2 year growth

27%

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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