About Maxwell Technologies
Maxwell Technologies is an Energy & Utilities company based in San Diego (United States) founded in 1965, and was acquired by Clarios in November 2025. Ultracapacitor-based energy storage and power delivery solutions are provided. The company has 6 employees. Maxwell Technologies has completed 1 acquisition, including Nesscap. Its chief executive, as recorded, is Franz J Fink. Its website maxwell.com draws about 16 thousand monthly visits. Its Indian entity Maxwell Company Private Limited reported revenue of ₹5.77 Cr. Maxwell Technologies offers products and services including Ultracapacitor, Cells, and Modules. Its focus areas include Energy Tech, Energy Storage Tech and Ultracapacitor. Its competitors include Ioxus and Inmatech; 2 of its 2 listed competitors have raised funding.
Company details
Maxwell Technologies was founded in 1965 and is headquartered in San Diego, United States. Ultracapacitor technology is utilized for energy storage and power delivery in sectors such as automotive, heavy transportation, renewable energy, backup power systems, wireless communications, and industrial and consumer electronics. Operations focus on developing reliable solutions for these applications across global markets.
- Headquarters San Diego, United States
- Employees 6
- Stage Acquired
- SectorsEnergy & Utilities
- Website maxwell.com
- Social LinkedIn
- Acquired by Tesla (Feb 2019)
- Legal Name Maxwell Technologies Korea Co., Ltd.
- Date of Incorporation 28 Jan, 1946
- Indian entity revenue₹5.77 Cr
FY 2024 · -48% YoY
- Indian entity net profit₹26.3 Lakh
FY 2024 · 5% margin
- Indian entity EBITDA₹45.9 Lakh
FY 2024 · 8% margin
- Latest Funding Round$46M (USD), Post-IPO
Oct 2017
- InvestorsTesla
& 4 more
- Employee Count6
- Investments & Acquisitions
- Acquired by
Associated legal entities of Maxwell Technologies
Maxwell Technologies operates through Maxwell Company Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Maxwell Company Private Limited CIN U25199UP1946PTC001410 | Active | 28 Jan 1946 | Lucknow, Uttar Pradesh | ₹5.8 Cr | 6 | 6 | View details |
Products & Services of Maxwell Technologies
Maxwell Technologies offers a comprehensive portfolio of products and services, including Ultracapacitor, Cells, and Modules.
Delivers high-power solutions for electronics and automotive applications
Provides basic units for energy storage in various devices
Offers integrated systems for power delivery and management
Funding Insights of Maxwell Technologies
- Total Rounds 5
- Last Round Post-IPO — $46M
- Investors Count 3
All 5 funding rounds of Maxwell Technologies 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 |
|---|---|---|---|---|---|
| Oct 2017 | $46M | Post-IPO | – | – | – |
| Apr 2017 | $46.6M | Post-IPO | – | – | |
| Jul 2015 | $25M | Debt – Conventional | – | – | |
| Jun 2015 | Grant | – | – | ||
| Jan 2015 | Grant | – | – |
5 investors in total: 5 institutional.
Investors in Maxwell Technologies
Maxwell Technologies has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Tesla, East West Bank and Clarios.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity firm investing in multiple sectors | sdicfund.com | Xicheng, China | ||
Commercial banking services are offered to individuals and businesses. | 1973 | eastwestbank.com | Los Angeles, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Electric vehicles and solar energy products are manufactured. | 2003 | tesla.com | Austin, United States | |
Technology solutions provider for energy storage | 2013 | clarios.com | Milwaukee, United States |
Investor details for Maxwell Technologies
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Board of directors of Maxwell Company Private Limited (Maxwell Technologies)
Maxwell Company Private Limited is the primary company behind Maxwell Technologies. The board of Maxwell Company Private Limited currently have 6 directors; the longest-serving is Vijay Bhatia, appointed in 1988. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vijay Bhatia DIN 01236796 | Managing Director | 01 Apr 1988 | 38 yrs 6 mo | Maxwell Company Private Limited |
| Kalpana Bhatia DIN 01232996 | Director | 01 Apr 1988 | 38 yrs 6 mo | Maxwell Company Private Limited |
| Manish Bhatia DIN 01028290 | Whole-time director | 01 Oct 1999 | 27 yrs | Maxwell Company Private Limited |
| Bhupesh Bhatia DIN 01028310 | Director | 01 Oct 1999 | 27 yrs | Maxwell Company Private Limited |
| Ritu Bhatia DIN 01943702 | Whole-time director | 27 Feb 2001 | 25 yrs 8 mo | Maxwell Company Private Limited |
| Vandana Bhatia DIN 03115139 | Director | 01 Feb 2016 | 10 yrs 8 mo | Maxwell Company Private Limited |
People of Maxwell Technologies
33 people are tracked at Maxwell Technologies (13 in leadership, 20 in team); the tracked headcount is 6.
| Name | Role | Group |
|---|---|---|
Franz J Fink | CEO | Leadership |
Young Ho Kim | VP & CEO of Korea | Leadership |
Jeff Zhou | Vice President & General Manager China & Sales Asia Pacific | Leadership |
Hrvoje Zupanovic (H) | Director, Global Sales Planning And Administration | Leadership |
Dennis Flynn | Director Market Research And Brand/communications | Leadership |
Steve Byrne | Director Of Test & Validation Engineering | Leadership |
David Lyle | Senior Vice President, Chief Financial Officer, Treasurer and Secretary | Leadership |
Everett E. Wiggins III | Vice President of Operations | Leadership |
Thibault Kassir | Vice President and General Manager, Energy Storage Products | Leadership |
Ben Wilmer | Director Of Information Technology | Leadership |
Xiaomei Xi | Director Of Research | Leadership |
Ed Munevar | Senior Director Of Supply Chain | Leadership |
José L. Cortes | Director | Leadership |
Mike Hamm | Sr Process Development Technician | Team |
Ronny Jiao | 产品工程师 | Team |
Yudi Y. | Manager, DBE Process Engineering | Team |
Alice Wu | Sr. China Business Development Manager | Team |
Celia Maske | Process Engineer | Team |
Chris Fischbach | Oem/distribution Sales Manager | Team |
Stephen McGowan | Commodity Manager | Team |
13 more people are available in the full profile.
Complete people profiles for Maxwell Technologies
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Financials of Maxwell Technologies
Figures of Maxwell Company Private Limited, the primary company behind Maxwell Technologies, for FY 2024. Revenue was ₹5.77 Cr (-48% year on year). Net profit was ₹26.3 Lakh (5% margin). EBITDA was ₹45.9 Lakh (8% margin). Revenue has grown at a compounded annual rate of -12% over three years and -4% over five years.
- ₹5.77 CrRevenue · FY 2024 · -48% YoY
- ₹26.3 LakhNet profit · 5% margin
- ₹45.9 LakhEBITDA · 8% margin
- ₹16.9 LakhPaid-up capital
- 6Employees (provident fund records)
- -12%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Maxwell Company Private Limited are on its company page.
Detailed financial statements for Maxwell Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Maxwell Technologies
Maxwell Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Nesscap.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Developer of ultracapacitors for energy storage solutions | nesscap.com | 2000 | Feb 2017 | $23.18M |
Complete acquisition details for Maxwell Technologies
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Timeline of Maxwell Technologies
7 dated milestones of Maxwell Technologies across 60 years, from founding to its latest funding, stage changes and deals.
Competitors of Maxwell Technologies
Maxwell Technologies has 2 listed competitors in our database, 2 of them funded. They include Ioxus and Inmatech.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ioxus.com | 2007 | Oneonta, United States | $58.48M | 36 | Manufacturer of ultracapacitor cell and module | |
| inmatech-inc.com | 2007 | Ann Arbor, United States | $1.8M | 16 | Super-capacitor devices are developed with low-cost materials and aqueous electrolytes. |
Detailed competitors of Maxwell Technologies
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Web traffic of Maxwell Technologies
The website of Maxwell Technologies (maxwell.com) receives about 16.2K visits a month.
- Monthly visits16.2K
▲ 17.5% vs previous month
Websites whose visitors overlap most with Maxwell Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| avx.com | 100% | View details | |||
| ioxus.com | 97% | 6.7K | #3,040,756 | View details | |
| kemet.com | 96% | 98.5K | #358,467 | View details | |
| evanscap.com | 94% | View details | |||
maxell.com | maxell.com | 85% | #661,507 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Maxwell Technologies
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Top companies in Energy Storage Systems
3 companies that operate in the same segment as Maxwell Technologies (Energy Storage Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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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Related news about Maxwell Technologies
Complete news archive for Maxwell Technologies
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Frequently Asked Questions about Maxwell Technologies
Maxwell Technologies was founded in 1965 and raised its 1st funding round 50 years after it was founded.
Maxwell Technologies is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Franz J Fink is the CEO of Maxwell Technologies, as recorded in our data.
Maxwell Technologies has 6 employees.
The primary company behind Maxwell Technologies, Maxwell Company Private Limited, reported revenue of ₹5.77 Cr for FY 2024, down 48% year on year.
Maxwell Technologies was founded in 1965 and is headquartered in San Diego, United States. Ultracapacitor technology is utilized for energy storage and power delivery in sectors such as automotive, heavy transportation, renewable energy, backup power systems, wireless communications, and industrial and consumer electronics. Operations focus on developing reliable solutions for these applications across global markets.
Maxwell Technologies offers Ultracapacitor, Cells, and Modules.
Maxwell Technologies has made 1 acquisition, including Nesscap.
Maxwell Technologies has 5 investors. Key investors include Tesla, East West Bank, Clarios, European Union, and SDIC Innovation.
Maxwell Technologies operates through Maxwell Company Private Limited.
Yes. Maxwell Technologies was acquired by Tesla in February 2019.