About Packet Digital
Packet Digital is a company based in Fargo (United States) founded in 2003. Packet Digital has raised $11.69 million across 9 funding rounds from investors including State of North Dakota, DOE and National Science Foundation. The company has 21 employees as of December 31, 2022. Packet Digital offers products and services including Smart Batteries, Smart Chargers, Fleet Management Software, and Maximum Power Point Tracker. Packet Digital operates in a competitive market with competitors including Zitara, Dukosi, Element Energy, Brill Power and Qnovo, among others.
- Headquarter Fargo, United States
- Employees 21 as on 31 Dec, 2022
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Sectors
Energy & UtilitiesTechnology Aerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Packet Digital, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$11.69 M (USD)
in 9 rounds
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Latest Funding Round
$9.69 M (USD), Series B
Apr 26, 2018
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Investors
State of North Dakota
& 2 more
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Employee Count
21
as on Dec 31, 2022
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Products & Services of Packet Digital
Packet Digital offers a comprehensive portfolio of products and services, including Smart Batteries, Smart Chargers, Fleet Management Software, and Maximum Power Point Tracker.
Batteries with real-time monitoring for safe UAS operations.
Devices for efficient and safe battery charging.
System for monitoring and managing battery performance.
Tool to optimize energy output in power systems.
People of Packet Digital
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Funding Insights of Packet Digital
Packet Digital has successfully raised a total of $11.69M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $9.69 million completed in April 2018. 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.
Investors in Packet Digital
Packet Digital has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include State of North Dakota, DOE and National Science Foundation.
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Energy sources and policies are managed by the DOE.
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Government information and state agencies are provided for North Dakota.
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A government-backed foundation providing seed-stage investments to support small businesses.
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Investor details for Packet Digital
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- Investor domains
- Investor locations
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Investments & Acquisitions by Packet Digital
Investment portfolio details for Packet Digital
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Financial Statements - Packet Digital
Detailed financials for Packet Digital
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- Profit trends
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Packet Digital Comparisons
Peer comparison for Packet Digital
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- Named peers
- Headcount comparison
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Competitors of Packet Digital
Packet Digital 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 Zitara, Dukosi, Element Energy, Brill Power and Qnovo, among others.
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Cloud-based and embedded battery management software is provided for optimization.
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Designs smart energy storage systems
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Cost-effective battery management systems for lithium packs are developed.
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Battery management systems are developed for modular lithium battery packs.
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Battery management software is developed for e-mobility applications.
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Detailed competitors of Packet Digital
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Latest news on Packet Digital
Complete news archive for Packet Digital
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Frequently Asked Questions about Packet Digital
Packet Digital was founded in 2003 and raised its 1st funding round 7 years after it was founded.
Packet Digital is headquartered in Fargo, United States. It is registered at Fargo, North Dakota, United States.
Packet Digital is a funded company, having raised a total of $11.69M across 9 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Packet Digital is 21.
Packet Digital was founded in 2003 in Fargo, United States, and operates in the aerospace and electronics sectors. On-demand power technology and circuits are developed to extend battery life in portable devices and reduce power consumption in embedded systems. Engineering services, unmanned aerial system design, solar solutions, and precision agriculture services are also provided to support various applications.
Packet Digital's top competitors include Zitara, Dreamfly Innovations and Brill Power.
Packet Digital offers Smart Batteries, Smart Chargers, Fleet Management Software, and Maximum Power Point Tracker.
Packet Digital has 3 investors. Key investors include State of North Dakota, DOE, and National Science Foundation.