Multi Source Power

Lancaster, United Kingdom Founded: 2013 • Age: 13 yrs Acquired By M. J. Quinn
Back-up power and power conversion product developer
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About Multi Source Power

Multi Source Power is a company based in Lancaster (United Kingdom) founded in 2013 was acquired by M. J. Quinn in January 2025.. Multi Source Power offers products and services including Flex-ESS1000, Flex-ESS500, Flex-ESS250, Flex-ESSmicro-series, and Flex-EV. Multi Source Power operates in a competitive market with competitors including A123 Systems, Corvus Energy, Ampd Energy, Microvast and Powin Energy, among others.

  • Headquarter Lancaster, United Kingdom
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Msp Technology Limited
  • Date of Incorporation 16 Dec, 2020
  • Jurisdiction HAYES, ENGLAND
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    M. J. Quinn

    (Jan 29, 2025)

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Products & Services of Multi Source Power

Multi Source Power offers a comprehensive portfolio of products and services, including Flex-ESS1000, Flex-ESS500, Flex-ESS250, Flex-ESSmicro-series, and Flex-EV. 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

Modular system for scalable grid applications with low OPEX.

Provides grid security and UPS backup for industrial use.

Energy-dense solution for solar and wind integration.

Compact systems for small-scale power storage needs.

Battery systems for rapid EV infrastructure deployment.

People of Multi Source Power
Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Simon Patterson
CEO
People
Amanda Sharp
Digital Transformation Manager

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Teams

Funding Insights of Multi Source Power

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 Multi Source Power

Multi Source Power has secured backing from 1 investor. Prominent investors backing the company include M. J. Quinn. 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
Investor Description Founded Year Domain Location
Provider of telecommunications network infrastructure services
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 Multi Source Power

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 - Multi Source Power

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

Multi Source Power Comparisons

Employees
+
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Competitors of Multi Source Power

Multi Source Power 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.
domain founded_year HQ Location
Lithium-ion battery systems for energy storage are developed.
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 Multi Source Power

Frequently Asked Questions about Multi Source Power

When was Multi Source Power founded?

Multi Source Power was founded in 2013.

Where is Multi Source Power located?

Multi Source Power is headquartered in Lancaster, United Kingdom. It is registered at Lancaster, Lancashire, United Kingdom.

Who is the current CEO of Multi Source Power?

Simon Patterson is the current CEO of Multi Source Power.

What does Multi Source Power do?

Multi Source Power was founded in 2013 in Lancaster, United Kingdom, as a developer of back-up power and power conversion products. Hybrid energy storage systems are created, built, and delivered for on-grid and off-grid uses in industrial, commercial, and marine sectors. Applications include integration of renewables, marine power and propulsion, and containerized hybrid solutions. Operations focus on practical energy management for diverse environments.

Who are the top competitors of Multi Source Power?

Multi Source Power's top competitors include Microvast, Corvus Energy and A123 Systems.

What products or services does Multi Source Power offer?

Multi Source Power offers Flex-ESS1000, Flex-ESS500, Flex-ESS250, Flex-ESSmicro-series, and Flex-EV.

Who are Multi Source Power's investors?

Multi Source Power has 1 investor. Key investors include M. J. Quinn.

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