About EC Power
EC Power is a Transportation, Automotive & Logistics company based in State College (United States) founded in 2011, and was acquired by Gamma Technologies in February 2018. Electrochemical energy systems are developed for storage and electrification. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Its chief executive, as recorded, is Elan Chen. EC Power offers products and services including High-Energy Battery and Battery Modeling Software. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Secondary Battery. Its competitors include Microvast and Solid Power; 2 of its 2 listed competitors have raised funding.
Company details
Electrochemical energy storage system developer. It designs and develops electrochemical energy systems such as rechargeable batteries and fuel cells for vehicle electrification, renewable energy storage, and power grid management. It conduct RD with clients in private industry, government, and academia and also maintain a prototyping facility of lithium-ion batteries. It specialises in the design, analysis, and diagnosis of the entire electrochemical device and the system in which it resides.
- Headquarters State College, United States
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Website ecpowergroup.com
- Social LinkedIn
- Acquired by Gamma Technologies (Feb 2018)
- Latest Funding Round$150K (USD), Grant
Jul 2013
- InvestorsGamma Technologies
& 1 more
- Acquired byGamma Technologies
(Feb 2018)
Products & Services of EC Power
EC Power offers a comprehensive portfolio of products and services, including High-Energy Battery and Battery Modeling Software.
Fast-charging batteries designed for electric vehicles and energy efficiency.
Tools for simulating and optimizing battery performance in EVs.
Funding Insights of EC Power
- Total Rounds 1
- Last Round Grant — $150,000
- First Round $150,000
(Jul 2013)
- Investors Count 1
All 1 funding rounds of EC Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2013 | $150,000 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in EC Power
EC Power has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Gamma Technologies and National Science Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States | |
CAE software for multi-industry systems simulation is developed. | 1994 | gtisoft.com | Westmont, United States |
Investor details for EC Power
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People of EC Power
1 people are tracked at EC Power (1 in leadership).
| Name | Role | Group |
|---|---|---|
Elan Chen | CEO | Leadership |
Complete people profiles for EC Power
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of EC Power
3 dated milestones of EC Power across 7 years, from founding to its latest funding, stage changes and deals.
- Founded EC Power is founded.
- Funding First funding round of $150K.
- Exit Acquired by Gamma Technologies.
Competitors of EC Power
EC Power has 2 listed competitors in our database, 2 of them funded. They include Microvast and Solid Power.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| microvast.com | 2006 | Stafford, United States | $430M | 2,006 | Lithium-ion batteries for multi-category electric vehicles are developed. | |
| solidpowerbattery.com | 2011 | Louisville, United States | $182.02M | 270 | Solid-state lithium-ion batteries are developed with solid electrolyte layers. |
Detailed competitors of EC Power
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as EC Power (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | 2,813 | ||
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 |
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Related news about Ec Power
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Frequently Asked Questions about EC Power
EC Power was founded in 2011 and raised its 1st funding round 2 years after it was founded.
EC Power is headquartered in State College, United States. It is registered at State College, Pennsylvania, United States.
Elan Chen is the CEO of EC Power, as recorded in our data.
Electrochemical energy storage system developer. It designs and develops electrochemical energy systems such as rechargeable batteries and fuel cells for vehicle electrification, renewable energy storage, and power grid management. It conduct RD with clients in private industry, government, and academia and also maintain a prototyping facility of lithium-ion batteries. It specialises in the design, analysis, and diagnosis of the entire electrochemical device and the system in which it resides.
EC Power's top competitors include Microvast and Solid Power.
EC Power offers High-Energy Battery and Battery Modeling Software.
EC Power has 2 investors. Key investors include Gamma Technologies, and National Science Foundation.
Yes. EC Power was acquired by Gamma Technologies in February 2018.