Moxion Power

Moxion Power

Mobile BESS rentals replacing diesel generators

Overview

Moxion Power provides zero-emission portable power by renting and selling mobile battery storage systems (BESS). The MP-75 delivers 75 kW of power and over 600 kWh of energy in a plug‑and‑play unit, designed to replace diesel generators and avoid emissions and leaks. It works through delivery, setup, and ongoing energy services that include energy tracking and analysis, with rental partnerships like Sunbelt Rentals and direct sales. The goal is to help industries such as film, events, and construction reduce carbon footprints and simplify on-site energy management while scaling production after a $100M Series B.

YC Company

About Moxion Power

Simplify's Rating
Why Moxion Power is rated
D-
Rated D+ on Competitive Edge
Rated D- on Growth Potential
Rated D- on Differentiation

Industries

Data & Analytics

Robotics & Automation

Industrial & Manufacturing

Energy

Company Size

51-200

Company Stage

Series B

Total Funding

$112.6M

Headquarters

Richmond, California

Founded

2020

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Simplify's Take

What believers are saying

  • California CORE subsidy program provides $125M in point-of-sale rebates for zero-emission equipment.
  • High-profile customers like Amazon Studios and Southern Company drive brand credibility and adoption.
  • Energy Services division creates recurring revenue from delivery, setup, and optimization services.

What critics are saying

  • Company filed Chapter 7 bankruptcy August 12, 2024; assets acquired by Viridi.
  • Caterpillar, Generac, Cummins developing competing BESS with established distribution networks.
  • Sunbelt Rentals could develop proprietary BESS to eliminate dependence on Moxion.

What makes Moxion Power unique

  • MP-75/600 enables on-site recharging of battery-electric construction equipment like excavators.
  • Proprietary power conversion system delivers single and three-phase power simultaneously.
  • Nearly silent operation with zero emissions replaces loud, polluting diesel generators.

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Funding

Total Funding

$112.6M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$100M
ClickUp
$100M
Moxion Power

Benefits

Health, dental, & vision coverage

Unlimited PTO

Competitive equity & compensation packages

Free coffee & snacks

Flexible work from home policy

Professional development

Parental leave

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

0%
Business Wire
May 23rd, 2024
Suffolk Technologies Launches Applications For Fifth Annual Boost Program With New Global Operating Partners

BOSTON--(BUSINESS WIRE)--Suffolk Technologies, the venture capital affiliate of Suffolk that funds the next generation of companies solving built environment challenges, has launched the application process for its fifth annual BOOST program. This intensive eight-week program is designed to ignite growth and equip pioneering built world startups with the right tools to transform the industry. As inflation, supply chain challenges, a national labor shortage, sustainability regulations, and economic uncertainty continue to present significant challenges to the AECO (architecture, engineering, construction, and operations) industry, emerging startups are poised to make a large impact by developing solutions that address these problems. Throughout the intense eight-week program, the startups selected will be launched into the built environment with direct access to jobsites and testbeds around the world, unparalleled operational knowledge, and an influential network of industry leaders and academics. This year, Suffolk Technologies has expanded its network of Operating Partners, a group of other general contractors, building owners and operators, real estate services companies, material providers and trade partners who will engage with this year’s cohort throughout the program. “In the fifth year of BOOST, we are excited to harness the powerful ecosystem that has emerged around this program over the past few years,” said Parker Mundt, Vice President of Platform for Suffolk Technologies

Business Wire
May 7th, 2024
Mill Valley Music Festival Goes Green With Moxion Power: First-Ever U.S. Festival Powered Entirely By Zero-Emission Batteries

RICHMOND, Calif.--(BUSINESS WIRE)--The 2024 Mill Valley Music Festival (“MVMF”) is set to become the first-ever U.S. festival to operate entirely on mobile zero-emission batteries, thanks to a groundbreaking partnership with Moxion Power (“Moxion”), a California-based leader in mobile battery energy storage system (BESS) technology. Moxion’s headquarters is an MCE Deep Green Champion and purchases 100% renewable and carbon-free energy to power its operations and products. Organized by the Mill Valley Chamber of Commerce and Noise Pop Industries, this two-day outdoor arts and culture extravaganza located just outside San Francisco will ditch all traditional diesel generators as the music festival returns May 11-12. Instead, Moxion's innovative MP-75/600 mobile BESS – recognized as a TIME Best Invention of 2023 – is virtually silent and will power everything from sound stages and VIP lounges to food trucks and vendor areas. By using Moxion’s batteries instead of diesel generators this year, MVMF will avoid approximately 4.5 tons of greenhouse gas emissions

Random Lengths News
Apr 30th, 2024
California Thrives: State Funding Spurs New Investments, Job Growth and Population is Rising

Moxion Power, which develops mobile energy storage products and technologies that accelerate last-mile electrification, received a $25 million tax credit to expand its manufacturing capabilities in both Richmond and Los Angeles.

The Business Journals
Jan 22nd, 2024
Clean energy startup expands footprint in Richmond with 100,000-square-foot lease

Clean energy startup Moxion Power is expanding in Richmond.

Kentucky Today
Dec 19th, 2023
Candy Cane Lane, Starring Eddie Murphy, Slashes 4,000 lbs of CO2 With Mobile Clean Energy Batteries

Moxion Power ("Moxion"), a California-based manufacturer of clean, mobile battery energy storage system (BESS) technology, has teamed up with Amazon MGM Studios to reduce emissions on film and television productions.

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