About PowerX
PowerX is a company based in Tamano (Japan) founded in 2021 by Masahiro Ito. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). PowerX has raised $112.48 million across 7 funding rounds from investors including MUFG Bank, Mitsui & Co and Japan Airlines. PowerX offers products and services including Mega Power, PowerX Cube, Hypercharger, Battery Tanker, and PowerX App. PowerX operates in a competitive market with competitors including ELIIY Power, SCiB, MUIS and Edison Power Co, among others.
- Headquarter Tamano, Japan
- Founders Masahiro Ito
- Stage Public
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Powerx, Inc.
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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
$112.48 M (USD)
in 7 rounds
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Latest Funding Round
$21.38 M (USD), Series C
Mar 07, 2025
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Investors
MUFG Bank
& 37 more
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Employee Count
Not available
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IPO & Listings of PowerX
PowerX is a publicly listed company on the TSE with ticker symbol 485A in Japan, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of PowerX
PowerX offers a comprehensive portfolio of products and services, including Mega Power, PowerX Cube, Hypercharger, Battery Tanker, and PowerX App.
Grid-scale batteries are designed for energy storage solutions.
All-in-package storage battery is built with integrated PCS.
Ultrafast EV charging is powered by renewable energy.
Electricity delivery by ship is facilitated for remote areas.
Hypercharging is enabled through a few simple taps.
People of PowerX
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Funding Insights of PowerX
PowerX has successfully raised a total of $112.48M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $21.38 million completed in March 2025. 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 PowerX
PowerX has secured backing from 38 investors, including institutional and venture fund investors. Prominent investors backing the company include MUFG Bank, Mitsui & Co and Japan Airlines.
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Frontive Group is engaged in investment, incubation, and advisory services.
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Chugin Capital Partners is engaged in private equity investments.
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Investor details for PowerX
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by PowerX
Investment portfolio details for PowerX
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- Transaction dates
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Financial Statements - PowerX
Detailed financials for PowerX
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- Profit trends
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Powerx Comparisons
Peer comparison for PowerX
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Competitors of PowerX
PowerX 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 ELIIY Power, SCiB, MUIS and Edison Power Co, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Lithium-ion batteries and energy storage systems are developed and provided.
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Delivers comprehensive lithium-based energy storage systems for industrial applications.
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An online platform delivering energy storage solutions for businesses.
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Produces high-quality lithium-ion batteries and energy storage systems.
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Detailed competitors of PowerX
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Verified entity values are shown only after access is granted.
Latest news on Powerx
Complete news archive for PowerX
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Frequently Asked Questions about PowerX
PowerX was founded in 2021 and raised its 1st funding round 1 year after it was founded.
PowerX is headquartered in Tamano, Japan. It is registered at Tamano, Okayama, Japan.
Masahiro Ito is the current CEO of PowerX. They have also founded this company.
PowerX is a funded company, having raised a total of $112.48M across 7 funding rounds to date.
PowerX is focused on designing and engineering battery energy storage systems (BESS) to support Japans energy independence. Solutions are provided in grid-scale batteries, all-in-package storage units, ultrafast EV charging with renewable energy, and electricity delivery by ship. The company is active in the renewable energy sector, offering software-driven applications and services like X-PPA for clean energy delivery. Operations are maintained across Japan, the US, and Europe, with a commitment to decarbonization and sustainable energy practices.
PowerX's top competitors include ELIIY Power, SCiB and MUIS.
PowerX offers Mega Power, PowerX Cube, Hypercharger, Battery Tanker, and PowerX App.
Yes, PowerX is publicly traded on TSE under the ticker symbol 485A.
PowerX has 38 investors. Key investors include MUFG Bank, Mitsui & Co, Japan Airlines, Toyota Tsusho, and ITOCHU.
The ticker symbol of PowerX is 485A on TSE.