About Powervault
Powervault is a company based in London (United Kingdom) founded in 2012.. Powervault has raised $22.44 million across 18 funding rounds from investors including Gov.uk, EIT Climate-KIC and European Union. The company has 22 employees as of December 31, 2023. Powervault offers products and services including P5 Battery, SMARTSTOR Software, P4 Battery, and PV Compact. Powervault operates in a competitive market with competitors including SunPower, A123 Systems, Verkor, Northvolt and Haven Energy, among others.
- Headquarter London, United Kingdom
- Employees 22 as on 31 Dec, 2023
- Stage Minicorn
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Powervault Ltd
- Date of Incorporation 29 Nov, 2012
- Jurisdiction HENDON, LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.44 M (USD)
in 18 rounds
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Latest Funding Round
$4.72 M (USD), Series C
Apr 12, 2023
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Investors
Gov.uk
& 8 more
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Employee Count
22
as on Dec 31, 2023
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Products & Services of Powervault
Powervault offers a comprehensive portfolio of products and services, including P5 Battery, SMARTSTOR Software, P4 Battery, and PV Compact. 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.
All-in-one system for home solar energy storage and backup
AI tool for optimizing solar energy usage and predictions
High-capacity system for residential and commercial energy needs
Compact unit for solar energy integration and storage
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Funding Insights of Powervault
Powervault has successfully raised a total of $22.44M across 18 strategic funding rounds. The most recent funding activity was a Series C round of $4.72 million completed in April 2023. 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.
- Total Funding Total Funding
- Total Rounds 18
- Last Round Series C — $4.7M
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First Round
First Round
(01 Aug 2012)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series C - Powervault | Valuation | Green Angel Ventures |
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| Dec, 2022 | Amount | Series C - Powervault | Valuation |
investors |
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| Jun, 2020 | Amount | Series B - Powervault | Valuation |
investors |
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| 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 Powervault
Powervault has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Gov.uk, EIT Climate-KIC and European Union. 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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Green Angel Ventures is focused on investing in climate startups.
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Founded Year | Domain | Location | |
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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Early-stage climate sector investments are supported by an angel network.
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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 Powervault
| 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 - Powervault
| 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 |
Powervault Comparisons
Competitors of Powervault
Powervault 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 SunPower, A123 Systems, Verkor, Northvolt and Haven 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 |
Silicon-based solar PV modules are manufactured for diverse applications.
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| domain | founded_year | HQ Location |
Lithium-ion batteries for automotive and industrial uses are manufactured.
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| domain | founded_year | HQ Location |
Lithium-ion batteries are manufactured for electric vehicles and storage.
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| domain | founded_year | HQ Location |
Lithium-ion batteries for electric vehicles are manufactured and optimized.
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| domain | founded_year | HQ Location |
Residential energy storage solutions are delivered via an online platform.
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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 Powervault
Frequently Asked Questions about Powervault
When was Powervault founded?
Powervault was founded in 2012.
Where is Powervault located?
Powervault is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Powervault?
Joseph Daniel Warren is the current CEO of Powervault.
Is Powervault a funded company?
Powervault is a funded company, having raised a total of $22.44M across 18 funding rounds to date. The company's 1st funding round was a Series B of $1.6M, raised on Aug 01, 2012.
How many employees does Powervault have?
As of Dec 31, 2023, the latest employee count at Powervault is 22.
What does Powervault do?
Powervault was founded in 2012 in London, United Kingdom, and operates in the renewable energy sector. Plug-and-play energy storage devices are manufactured, featuring an integrated battery and control system. Solar-generated electricity is stored during the day and released in the evening to reduce household costs. A patent-pending design is utilized for these operations.
Who are the top competitors of Powervault?
What products or services does Powervault offer?
Powervault offers P5 Battery, SMARTSTOR Software, P4 Battery, and PV Compact.
Who are Powervault's investors?
Powervault has 9 investors. Key investors include Gov.uk, EIT Climate-KIC, European Union, Green Angel Syndicate, and Green Angel Ventures.
What is Powervault's valuation?
The valuation of Powervault is $15.17M as of Dec 2022.