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
- SectorsEnergy & Utilities
- Website category Business and Consumer Services · Marketing and Advertising
- Email••••••••
- Website power-x.jp/en
- Social LinkedIn
- Legal Name Powerx, Inc.
- Total Equity Funding$112.48M (USD)
in 7 rounds
- Latest Funding Round$21.38M (USD), Series C
Mar 2025
- InvestorsMUFG Bank
& 37 more
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.
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.
- Total Funding $112.48M
- Total Rounds 7
- Last Round Series C — $21.38M
- First Round $33M
(May 2022)
- Investors Count 38
All 7 funding rounds of PowerX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $21.38M | Series C | – | – | |
| Sep 2024 | $17.34M | Series C | – | Toda Corporation, SMBC Nikko Securities | |
| Jan 2024 | $64.09M | Debt – Conventional | – | – | |
| Jul 2023 | $13.3M | Series B | – | Nippon Gases, Tohoku Electric Power | |
| Jan 2023 | $20.47M | Series B | – | JA Mitsui Leasing, Sompo | – |
| Aug 2022 | $6.99M | Series A | – | – | |
| May 2022 | $33M | Series A | – | Spiral Capital, Nippon Gases |
38 investors in total: 38 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Frontive Group is engaged in investment, incubation, and advisory services. | 2016 | frontiveholding.com | London, United Kingdom | |
Chugin Capital Partners is engaged in private equity investments. | 2022 | chugin-cap.co.jp | Okayama, Japan | |
- | – | mizuho-vc.co.jp | - | |
Diversified trading and procurement solutions are offered across multiple sectors. | 1858 | itochu.co.jp | Tokyo, Japan | |
Provider of full banking services | 2001 | mufg.jp | Chiyoda City, Japan | |
- | – | imazo.co.jp | Japan | |
Trading services in metals, parts, logistics, and automobiles are provided. | 1936 | toyota-tsusho.com | Nagoya, Japan | |
Construction and engineering services are provided across project lifecycles. | 1881 | toda.co.jp | Chuo City, Japan | |
Delivers asset management consulting services to optimize client investments. | 2009 | smbcnikko.co.jp | Chiyoda City, Japan | |
- | 2019 | spiral-cap.com | Japan |
Investor details for PowerX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of PowerX
21 people are tracked at PowerX (6 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Masahiro Ito | Founder & CEO | Leadership |
Kana Kato | Head Of Human Resources | Leadership |
Kotaro O. | CEO Office Corporate Communications | Leadership |
R V. | Senior Manager CEO Office | Leadership |
Deepak Raut | General Manager Product Development | Leadership |
Satoshi Matsukawa | Senior General Manager Of Corporate Planning | Leadership |
Takumi Kadouchi | Designer | Team |
Yi-Ling Wu | Ios Developer | Team |
Hunter Chen | Senior Sre/devops Developer | Team |
Kazuaki Hibino | Product Designer | Team |
Yusuke Kojima | 執行役 電力事業領域管掌 | Team |
Sanae Kada | プロダクトマネージャー | Team |
Alice Nishijima | Human Resources Positions | Team |
Michinori Ikezoe | 執行役員 | Team |
Tadao Omote | 開発部 | Team |
Conrado U. | Software Engineer | Team |
Kohei Morii | Executive Officer, EV Charging Station Business(執行役 Evチャージステーション事業管掌) | Team |
Hikari Arie | HR | Team |
Koichi Yoshigoe | Sr. Engineering Manager, Sre/devops | Team |
Burhanuddin Attarwala | Cell Design Engineer | Team |
1 more people are available in the full profile.
Complete people profiles for PowerX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
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.
- IPO date19 Dec 2025
- Listed onTYO: 485A
- Listed entityPowerX, Inc.
- Exchange sectorProducer manufacturing
- ISINJP3782910008
- Share price2,014.00 JPY (-0.35% on the day) · 2026-10-09
- Market capitalisation234,793,629,517.00 JPY
- EPS (diluted, trailing year)-8.33 JPY
- Volume (last session)4,616,500
Timeline of PowerX
4 dated milestones of PowerX across 4 years, from founding to its latest funding, stage changes and deals.
- Founded PowerX is founded.
- Funding First funding round of $33.0M.
- Funding Latest funding round, Series C, of $21.4M.
- IPO Lists on the stock exchange (IPO).
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eliiypower.co.jp | 2006 | Tokyo, Japan | $6.86M | – | Lithium-ion batteries and energy storage systems are developed and provided. | |
| scib.jp | 2017 | Kawasaki, Japan | – | – | Delivers comprehensive lithium-based energy storage systems for industrial applications. | |
| muis.co.jp | 2020 | Chiyoda-ku, Japan | – | – | An online platform delivering energy storage solutions for businesses. | |
| battery-manufacturing.com | 1991 | Kisarazu, Japan | – | – | Produces high-quality lithium-ion batteries and energy storage systems. |
Detailed competitors of PowerX
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of PowerX
The website of PowerX (power-x.jp) receives about 63.8K visits a month and ranks #385,029 among all websites worldwide, #1,659 in Marketing and Advertising.
- Monthly visits63.8K
▼ 17% vs previous month
- Unique visitors41.1K
per month
- Global rank#385,029
among all websites
- Category rank#1,659
Business and Consumer Services · Marketing and Advertising
- Bounce rate41%
- Pages per visit3.8
- Average visit4 min 34 sec
- DevicesDesktop 74% · Mobile 26%
Websites whose visitors overlap most with PowerX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| enechange.co.jp | 100% | 14K | #1,544,591 | View details | |
ntt-ae.co.jp | ntt-ae.co.jp | 100% | – | #623,937 | – |
ampmedia.jp | ampmedia.jp | 100% | – | #283,412 | – |
| stockmark.co.jp | 100% | 59.9K | #623,031 | View details | |
creatorzine.jp | creatorzine.jp | 100% | – | #1,630,277 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for PowerX
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 10 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Powerx
Complete news archive for PowerX
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to PowerX
10 companies that operate in the same segment as PowerX (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | – | USD 34.18 M | 177 |
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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. The company's 1st funding round was a Series A of $33M, raised on May 2022.
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.
PowerX operates through Powerx, Inc..