Moxion Power

Moxion Power

Provides zero-emission mobile battery power solutions

About

Moxion Power provides zero-emission power solutions through its mobile battery energy storage system (BESS), known as the MP-75. This system delivers 75kW of power and over 600kWh of energy, serving as a replacement for traditional diesel generators. The MP-75 is designed for easy use, allowing it to be plugged into a truck without the need for maintenance or fluid checks. Moxion's business model focuses on renting and selling these units, making them accessible to various clients, including film studios, event organizers, and construction companies. The company has partnered with Sunbelt Rentals to facilitate the rental process. Moxion differentiates itself from competitors by targeting sectors that typically rely on diesel generators and offering a clean, sustainable alternative. Their goal is to reduce carbon footprints across industries by providing efficient and environmentally friendly power solutions.

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

-3%

1 year growth

17%

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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