About Octillion Power Systems
Octillion Power Systems is a company based in Hayward (United States) founded in 2009 by Peng Zhou. Octillion Power Systems has raised $149.69 million across 7 funding rounds. The company has 117 employees as of April 08, 2024. Octillion Power Systems offers products and services including Battery Systems and Battery Management Systems. Octillion Power Systems operates in a competitive market with competitors including Lohum, Microvast, Contemporary Amperex Technology, Forsee Power and A123 Systems, among others.
- Headquarter Hayward, United States
- Employees 117 as on 08 Apr, 2024
- Founders Peng Zhou
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Sectors
Transportation, Automotive & LogisticsEnergy & 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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- Legal Name Octillion Power Systems India Private Limited
- Date of Incorporation 19 Dec, 2017
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$12.79 M (USD)62.1as on Dec 31, 2022
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Net Profit
-$835.41 K (USD)15.49as on Dec 31, 2022
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EBITDA
-$651.85 K (USD)25.43as on Dec 31, 2022
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Total Equity Funding
$149.69 M (USD)
in 7 rounds
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Latest Funding Round
$77.87 M (USD), Series F
Jun 01, 2021
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Investors
Not available
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Employee Count
117
as on Apr 08, 2024
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Products & Services of Octillion Power Systems
Octillion Power Systems offers a comprehensive portfolio of products and services, including Battery Systems and Battery Management Systems.
Customized solutions for electric vehicles and industrial use
Systems to optimize performance and safety in batteries
People of Octillion Power Systems
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Funding Insights of Octillion Power Systems
Octillion Power Systems has successfully raised a total of $149.69M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $77.87 million completed in June 2021. 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.
Investments & Acquisitions by Octillion Power Systems
Investment portfolio details for Octillion Power Systems
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Financial Statements - Octillion Power Systems
Detailed financials for Octillion Power Systems
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Octillion Power Systems Comparisons
Peer comparison for Octillion Power Systems
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Competitors of Octillion Power Systems
Octillion Power Systems 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 Lohum, Microvast, Contemporary Amperex Technology, Forsee Power and A123 Systems, among others.
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Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining
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Lithium-ion batteries for multi-category electric vehicles are developed.
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Comprehensive solutions for electric vehicles and energy storage are provided.
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Lithium battery systems for electric vehicles and gadgets are manufactured.
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Rapid-charging technology for electric vehicles is developed and scaled.
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Detailed competitors of Octillion Power Systems
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Latest news on Octillion Power Systems
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Frequently Asked Questions about Octillion Power Systems
Octillion Power Systems was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Octillion Power Systems is headquartered in Hayward, United States. It is registered at Hayward, California, United States.
Octillion Power Systems is a funded company, having raised a total of $149.69M across 7 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Octillion Power Systems is 117.
Annual revenue of Octillion Power Systems is $12.79M as on Dec 31, 2022.
Octillion Power Systems was founded in 2009 in Hayward, United States. Lithium-ion battery packs are developed for various applications, including electric cars, buses, trucks, marine vessels, and industrial equipment. Operations focus on battery technology within the energy storage sector, serving transportation and industrial needs across domestic and potential international markets.
Octillion Power Systems's top competitors include Lohum, Microvast and Solid Power.
Octillion Power Systems offers Battery Systems and Battery Management Systems.