About Aluma Power
Aluma Power is a company based in Sarnia (Canada) founded in 2017.. Aluma Power has raised $150.3 thousand across 1 funding round. The company has 49 employees as of May 27, 2025. Aluma Power offers products and services including Galvanic Generator and Aluminum Fuel Discs. Aluma Power operates in a competitive market with competitors including Revolt Technology, InEnSto, Advenst Energy, AZA and E-Stone Batteries, among others.
- Headquarter Sarnia, Canada
- Employees 49 as on 27 May, 2025
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Alumapower Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$150.3 K (USD)
in 1 rounds
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Latest Funding Round
$150.3 K (USD), Seed
Mar 11, 2025
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Investors
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Employee Count
49
as on May 27, 2025
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Products & Services of Aluma Power
Aluma Power offers a comprehensive portfolio of products and services, including Galvanic Generator and Aluminum Fuel Discs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Zero-emissions generator using aluminum fuel for long-duration power.
Recyclable discs that provide safe, grid-independent energy supply.
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Funding Insights of Aluma Power
Aluma Power has successfully raised a total of $150.3K through 1 strategic funding round. The most recent funding activity was a Seed round of $150.3 thousand completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $150,297
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First Round
First Round
(11 Mar 2025)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Seed - Aluma Power | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Aluma Power
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Aluma Power
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aluma Power Comparisons
Competitors of Aluma Power
Aluma Power operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Revolt Technology, InEnSto, Advenst Energy, AZA and E-Stone Batteries, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Rechargeable zinc-air batteries are developed for devices and vehicles.
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| domain | founded_year | HQ Location |
Develops innovative aluminium-air battery technology.
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| domain | founded_year | HQ Location |
Developer and manufacturer of energy storage systems, including Zinc-Air, Lithium-ion, Nickel-Zinc, and Lead-Acid
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| domain | founded_year | HQ Location |
Manufacturer of zinc-air batteries
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| domain | founded_year | HQ Location |
Creates innovative iron-sulphur electrode technologies for nickel-iron and iron-air batteries.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Aluma Power
When was Aluma Power founded?
Aluma Power was founded in 2017 and raised its 1st funding round 8 years after it was founded.
Where is Aluma Power located?
Aluma Power is headquartered in Sarnia, Canada. It is registered at Sarnia, Ontario, Canada.
Is Aluma Power a funded company?
Aluma Power is a funded company, having raised a total of $150.3K across 1 funding round to date. The company's 1st funding round was a Seed of $150.3K, raised on Mar 11, 2025.
How many employees does Aluma Power have?
As of May 27, 2025, the latest employee count at Aluma Power is 49.
What does Aluma Power do?
Developer of aluminium air battery. Uses replaceable aluminium anode a proprietary cathode a slow eroding anode. Employed galvanic control process for even corrosion of aluminium anode which produces DC current due to interaction with the electrolyte. Claims that the aluminium gradually erodes by producing recyclable effluent can be recharged in seconds. Can be used for e-vehicles, hybrid cars, and off-grid systems. The company is a joint venture between Space Technology Holdings and Sheertech.
Who are the top competitors of Aluma Power?
Aluma Power's top competitors include Revolt Technology, AZA and Advenst Energy.
What products or services does Aluma Power offer?
Aluma Power offers Galvanic Generator and Aluminum Fuel Discs.