About Aquion Energy
Aquion Energy is a company based in Pittsburgh (United States) founded in 2008 was acquired by Titans in July 2017.. Aquion Energy has raised $165.24 million across 9 funding rounds from investors including SVB, Shell and Kleiner Perkins. Aquion Energy offers products and services including Solar Lights, Golf Cart Batteries, and Rechargeable Batteries. Aquion Energy operates in a competitive market with competitors including SaltX Technology, Halotechnics, BenAn Energy Technology, Salgenx and UNE, among others.
- Headquarter Pittsburgh, United States
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Aquion Energy
Aquion Energy offers a comprehensive portfolio of products and services, including Solar Lights, Golf Cart Batteries, and Rechargeable Batteries. 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.
Batteries for outdoor lighting to enhance safety and visibility.
Power sources for golf carts to enable efficient travel.
High-performance batteries for electronics and daily use.
Funding Insights of Aquion Energy
Aquion Energy has successfully raised a total of $165.24M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $33.2 million completed in April 2016. 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 9
- Last Round Series E — $33.2M
-
First Round
First Round
(01 Jun 2008)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series E - Aquion Energy | Valuation |
investors |
|
| Nov, 2014 | Amount | Series E - Aquion Energy | Valuation | DNS Capital , Constellation | |
| May, 2014 | Amount | Debt – Venture - Aquion Energy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Aquion Energy
Aquion Energy has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Shell and Kleiner Perkins. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
US private equity investments are managed by DNS Capital.
|
Founded Year | Domain | Location | |
|
Private equity investments are directed toward growth-stage companies.
|
Founded Year | Domain | Location | |
|
Venture capital firm focused on multiple sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Aquion Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Aquion Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Aquion Energy Comparisons
Competitors of Aquion Energy
Aquion Energy 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 SaltX Technology, Halotechnics, BenAn Energy Technology, Salgenx and UNE, 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 |
Saltwater-based energy storage for heating and cooling is developed.
|
|
| domain | founded_year | HQ Location |
Enables design of electric vehicles and shares automotive news and tips.
|
|
| domain | founded_year | HQ Location |
Aqueous sodium-ion battery storage systems are manufactured for energy applications.
|
|
| domain | founded_year | HQ Location |
Develops saltwater flow batteries for renewable energy storage and consulting services.
|
|
| domain | founded_year | HQ Location |
Energy storage solutions based on salt batteries are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Aquion Energy
When was Aquion Energy founded?
Aquion Energy was founded in 2008.
Where is Aquion Energy located?
Aquion Energy is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Is Aquion Energy a funded company?
Aquion Energy is a funded company, having raised a total of $165.24M across 9 funding rounds to date. The company's 1st funding round was a Debt – Venture of $20M, raised on Jun 01, 2008.
What does Aquion Energy do?
Aquion Energy is developing and commercialising cost-effective energy storage solutions that are safe, reliable, and sustainable from non-toxic components as simple as salt water. Aquions proprietary Aqueous Hybrid Ion battery systems enhance the electrical grid by providing flexible, emissions-free capacity that optimises existing generation assets and enables the adoption of renewable energy technologies. The company produces 500 MWhyear of energy storage at full capacity. The company emerged from Chapter 11 bankruptcy in July 2017 under a new management team.
Who are the top competitors of Aquion Energy?
Aquion Energy's top competitors include SaltX Technology, DDMotion and BenAn Energy Technology.
What products or services does Aquion Energy offer?
Aquion Energy offers Solar Lights, Golf Cart Batteries, and Rechargeable Batteries.
Who are Aquion Energy's investors?
Aquion Energy has 19 investors. Key investors include SVB, Shell, Kleiner Perkins, Constellation, and Horizon Tech Finance.