About NEC Energy Solutions
NEC Energy Solutions is a company based in Westborough (United States) founded in 2002 was acquired by LG Energy Solutions in September 2021.. NEC Energy Solutions operates in a competitive market with competitors including A123 Systems, Corvus Energy, Ampd Energy, Microvast and Powin Energy, among others.
- Headquarter Westborough, United States
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Sectors
Energy & Utilities
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
LG Energy Solutions
(Sep 10, 2021)
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Funding Insights of NEC Energy Solutions
| 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 NEC Energy Solutions
NEC Energy Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include LG Energy Solution. 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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Lithium-ion batteries for various electric vehicle categories are manufactured.
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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 NEC Energy Solutions
| 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 |
Financial Statements - NEC Energy Solutions
| 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 |
Nec Energy Solutions Comparisons
Competitors of NEC Energy Solutions
NEC Energy Solutions 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.
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| domain | founded_year | HQ Location |
Developer of energy storage systems (ESS) based on lithium NMC technology
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| domain | founded_year | HQ Location |
Developer of battery energy storage system solutions
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| domain | founded_year | HQ Location |
Lithium-ion batteries for multi-category electric vehicles are developed.
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| domain | founded_year | HQ Location |
Energy storage systems are provided for grid-level and behind-the-meter applications.
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| domain | founded_year | HQ Location |
Lithium-ion battery systems for energy storage are developed.
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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 Nec Energy Solutions
Frequently Asked Questions about NEC Energy Solutions
When was NEC Energy Solutions founded?
NEC Energy Solutions was founded in 2002.
Where is NEC Energy Solutions located?
NEC Energy Solutions is headquartered in Westborough, United States. It is registered at Westborough, Massachusetts, United States.
What does NEC Energy Solutions do?
NEC Energy Solutions was founded in 2002 and is headquartered in Westborough, United States. Energy storage systems are designed and manufactured by the company within the renewable energy sector. Operations focus on applications for electric grids, backup power, and replacements for conventional 12V lead-acid batteries. Products are tailored to support infrastructure reliability and efficiency in power management.
Who are the top competitors of NEC Energy Solutions?
NEC Energy Solutions's top competitors include Microvast, Corvus Energy and A123 Systems.
Who are NEC Energy Solutions's investors?
NEC Energy Solutions has 1 investor. Key investors include LG Energy Solution.