About Ioxus
Ioxus is a company based in Oneonta (United States) founded in 2007 was acquired by XS Power Batteries in April 2020.. Ioxus has raised $58.48 million across 9 funding rounds from investors including ConocoPhillips, NRG Energy and General Electric. Ioxus has completed 1 acquisition, including Advanced Energy Conversion. Ioxus operates in a competitive market with competitors including Maxwell Technologies, Power Roll, Tubex NRG, Nesscap and Inmatech, among others.
- Headquarter Oneonta, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ioxus, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$58.48 M (USD)
in 9 rounds
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Latest Funding Round
$2 M (USD), Debt – Conventional
Apr 04, 2019
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Investors
ConocoPhillips
& 9 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
XS Power Batteries
(Apr 08, 2020)
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Leadership Team
2 people
Sales and Marketing
2 people
Software Development Team
2 people
Photographer Team
1 people
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Funding Insights of Ioxus
Ioxus has successfully raised a total of $58.48M across 9 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in April 2019. 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 Debt – Conventional — $2.0M
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First Round
First Round
(03 Mar 2011)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Debt – Conventional - Ioxus | Valuation |
investors |
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| Dec, 2018 | Amount | Series C - Ioxus | Valuation |
investors |
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| Mar, 2018 | Amount | Series C - Ioxus | 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 |
Investors in Ioxus
Ioxus has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include ConocoPhillips, NRG Energy and General Electric. 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 |
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US focused VC firm
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Investments are made in US expansion-stage energy and tech companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ioxus
Ioxus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Advanced Energy Conversion. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer of embedded controls, power electronics, and electric machines
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ioxus
| 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 |
Ioxus Comparisons
Competitors of Ioxus
Ioxus 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 Maxwell Technologies, Power Roll, Tubex NRG, Nesscap and Inmatech, 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 |
Ultracapacitor-based energy storage and power delivery solutions are provided.
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| domain | founded_year | HQ Location |
Perovskite solar films and capacitors are developed using microgroove technology.
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| domain | founded_year | HQ Location |
Nanotechnology-based battery solutions using peptide nanotubes are provided.
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| domain | founded_year | HQ Location |
Developer of ultracapacitors for energy storage solutions
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| domain | founded_year | HQ Location |
Super-capacitor devices are developed with low-cost materials and aqueous electrolytes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Ioxus
Frequently Asked Questions about Ioxus
When was Ioxus founded?
Ioxus was founded in 2007 and raised its 1st funding round 4 years after it was founded.
Where is Ioxus located?
Ioxus is headquartered in Oneonta, United States. It is registered at Oneonta, New York, United States.
Is Ioxus a funded company?
Ioxus is a funded company, having raised a total of $58.48M across 9 funding rounds to date. The company's 1st funding round was a Series C of $16.18M, raised on Mar 03, 2011.
What does Ioxus do?
Ioxus was founded in 2007 and is headquartered in Oneonta, United States. Operations focus on the design and production of ultracapacitor cells, modules, and hybrid capacitors within the energy storage sector. These components are developed for high-power applications in industries requiring efficient energy management and reliability. The company serves various markets through its specialized manufacturing processes.
Who are the top competitors of Ioxus?
Ioxus's top competitors include Power Roll, Maxwell Technologies and Tubex NRG.
How many acquisitions has Ioxus made?
Ioxus has made 1 acquisition, including Advanced Energy Conversion.
Who are Ioxus's investors?
Ioxus has 10 investors. Key investors include ConocoPhillips, NRG Energy, General Electric, New York State Energy Research and Development Authority, and Aster.