About FastCap Ultracapacitors
FastCap Ultracapacitors is an Energy & Utilities company based in Wakefield (United States) founded in 2009. Provider of ultraperformance capacitors powered by nanocarbon-based electrodes. FastCap Ultracapacitors has raised $9.84 million across 1 funding round. The company has 59 employees. Its chief executive, as recorded, is Mitch Koffel. FastCap Ultracapacitors offers products and services including Fastcap Ultracapacitors and Charlie. Its focus areas include Energy Tech, Energy Storage Tech, Ultracapacitor and Components. Its legal entity is FASTCAP SYSTEMS CORPORATION.
Company details
FastCap Ultracapacitors was founded in 2009 and is based in Wakefield, United States. Operations focus on the development and supply of ultraperformance capacitors within the energy storage sector. Proprietary carbon nanotube-based electrode technology is employed to achieve elevated power and energy density in compact formats. These components are designed for applications requiring rapid charge-discharge cycles and reliability in industrial settings.
- Headquarters Wakefield, United States
- Employees 59
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website ultrafastcap.com
- Social LinkedIn
- Legal Name Fastcap Systems Corporation
- Total Equity Funding$9.84M (USD)
in 1 rounds
- Latest Funding Round$9.84M (USD), Series A
Jun 2023
- Employee Count59
Products & Services of FastCap Ultracapacitors
FastCap Ultracapacitors offers a comprehensive portfolio of products and services, including Fastcap Ultracapacitors and Charlie.
Provides high-power energy storage with carbon nanotube electrodes for industrial use.
World's first reflow solderable ultracapacitor for electronic applications.
Funding Insights of FastCap Ultracapacitors
FastCap Ultracapacitors has successfully raised a total of $9.84M through 1 strategic funding round. The most recent funding activity was a Series A round of $9.84 million completed in June 2023. 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 $9.84M
- Total Rounds 1
- Last Round Series A — $9.84M
- First Round $9.84M
(Jun 2023)
All 1 funding rounds of FastCap Ultracapacitors 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 |
|---|---|---|---|---|---|
| Jun 2023 | $9.84M | Series A | – | – | – |
People of FastCap Ultracapacitors
2 people are tracked at FastCap Ultracapacitors (2 in leadership); the tracked headcount is 59.
| Name | Role | Group |
|---|---|---|
Mitch Koffel | CEO | Leadership |
John Hyde | Chief Technology Officer | Leadership |
Complete people profiles for FastCap Ultracapacitors
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of FastCap Ultracapacitors
2 dated milestones of FastCap Ultracapacitors across 14 years, from founding to its latest funding, stage changes and deals.
- Founded FastCap Ultracapacitors is founded.
- Funding First funding round of $9.8M.
Web traffic of FastCap Ultracapacitors
The website of FastCap Ultracapacitors (ultrafastcap.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 0.9% vs previous month
Top companies in Energy Storage Systems
3 companies that operate in the same segment as FastCap Ultracapacitors (Energy Storage Systems) in United States, ranked by their profile score on The Company Check.
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|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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Frequently Asked Questions about FastCap Ultracapacitors
FastCap Ultracapacitors was founded in 2009 and raised its 1st funding round 14 years after it was founded.
FastCap Ultracapacitors is headquartered in Wakefield, United States.
Mitch Koffel is the CEO of FastCap Ultracapacitors, as recorded in our data.
FastCap Ultracapacitors is a funded company, having raised a total of $9.84M across 1 funding round to date. The company's 1st funding round was a Series A of $9.84M, raised on Jun 2023.
FastCap Ultracapacitors has 59 employees.
FastCap Ultracapacitors was founded in 2009 and is based in Wakefield, United States. Operations focus on the development and supply of ultraperformance capacitors within the energy storage sector. Proprietary carbon nanotube-based electrode technology is employed to achieve elevated power and energy density in compact formats. These components are designed for applications requiring rapid charge-discharge cycles and reliability in industrial settings.
FastCap Ultracapacitors offers Fastcap Ultracapacitors and Charlie.
FastCap Ultracapacitors operates through Fastcap Systems Corporation.