Cadenza Innovation

Oxford, United States Founded: 2016 • Age: 10 yrs
Lithium-ion battery systems for energy storage are developed.
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About Cadenza Innovation

Cadenza Innovation is a company based in Oxford (United States) founded in 2016.. Cadenza Innovation has raised $20.27 million across 6 funding rounds from investors including Turtle, Connecticut Innovations and Scale Investors. The company has 28 employees as of December 31, 2022. Cadenza Innovation offers products and services including Energy Storage Systems, 48V System, Cadence UPS Product Series, and 80 kWh Energy Storage System. Cadenza Innovation operates in a competitive market with competitors including A123 Systems, Corvus Energy, Ampd Energy, Microvast and Powin Energy, among others.

  • Headquarter Oxford, United States
  • Employees 28 as on 31 Dec, 2022
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cadenza Innovation, Inc.
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20.27 M (USD)

    in 6 rounds

  • Latest Funding Round
    $2.75 M (USD), Debt – Conventional

    Oct 02, 2024

  • Investors
    Turtle

    & 5 more

  • Employee Count
    28

    as on Dec 31, 2022

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Products & Services of Cadenza Innovation

Cadenza Innovation offers a comprehensive portfolio of products and services, including Energy Storage Systems, 48V System, Cadence UPS Product Series, and 80 kWh Energy Storage System. 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.

Primary

Safe lithium-ion systems for utility and commercial energy needs

Reliable energy storage for telecom and utility substations

Lithium-ion UPS for IT and business installations

Indoor and outdoor units for renewable energy integration

People of Cadenza Innovation
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Per Onnerud
CTO
People
Brian Chan
CFO
People
Christina Lampe-Onnerud
Founder & CEO
People
Rick Chamberlain
SVP, Engineering

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Funding Insights of Cadenza Innovation

Cadenza Innovation has successfully raised a total of $20.27M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2.75 million completed in October 2024. 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 Rounds 6
  • Last Round Debt – Conventional — $2.8M
  • First Round

    (15 Jul 2016)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2024 Amount Debt – Conventional - Cadenza Innovation Valuation

investors

Oct, 2022 Amount Series A - Cadenza Innovation Valuation Turtle & Hughes
Feb, 2022 Amount Series A - Cadenza Innovation 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 Cadenza Innovation

Cadenza Innovation has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Turtle, Connecticut Innovations and Scale Investors. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital services for biotech, IT, and innovative sectors in Connecticut.
Founded Year Domain Location
Scale Investors is focused on funding women-led startups in Australia.
Founded Year Domain Location
Tech & Life-Sciences focused VC Firm investing in the US
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 Cadenza Innovation

Investments
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 - Cadenza Innovation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Cadenza Innovation Comparisons

Employees
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Competitors of Cadenza Innovation

Cadenza Innovation 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 A123 Systems, Corvus Energy, Ampd Energy, Microvast and Powin Energy, 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
Lithium-ion batteries for automotive and industrial uses are manufactured.
domain founded_year HQ Location
Developer of energy storage systems (ESS) based on lithium NMC technology
domain founded_year HQ Location
Developer of battery energy storage system solutions
domain founded_year HQ Location
Lithium-ion batteries for multi-category electric vehicles are developed.
domain founded_year HQ Location
Energy storage systems are provided for grid-level and behind-the-meter applications.
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.

Latest news on Cadenza Innovation

Frequently Asked Questions about Cadenza Innovation

When was Cadenza Innovation founded?

Cadenza Innovation was founded in 2016.

Where is Cadenza Innovation located?

Cadenza Innovation is headquartered in Oxford, United States.

Is Cadenza Innovation a funded company?

Cadenza Innovation is a funded company, having raised a total of $20.27M across 6 funding rounds to date. The company's 1st funding round was a Series A of $5.05M, raised on Jul 15, 2016.

How many employees does Cadenza Innovation have?

As of Dec 31, 2022, the latest employee count at Cadenza Innovation is 28.

What does Cadenza Innovation do?

Cadenza Innovation was founded in 2016 and is based in Oxford, United States. Operations focus on the energy storage sector, where lithium-ion battery packs are designed for electric vehicles, plug-in hybrids, and grid applications. Architectures combining properties of wound jelly rolls and prismatic cells are utilized to achieve energy density while maintaining cost efficiency. Solutions are provided to support various market needs in battery technology.

Who are the top competitors of Cadenza Innovation?

Cadenza Innovation's top competitors include Microvast, Corvus Energy and A123 Systems.

What products or services does Cadenza Innovation offer?

Cadenza Innovation offers Energy Storage Systems, 48V System, Cadence UPS Product Series, and 80 kWh Energy Storage System.

Who are Cadenza Innovation's investors?

Cadenza Innovation has 6 investors. Key investors include Turtle, Connecticut Innovations, Scale Investors, Golden Seeds, and Eric Redman.

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