Spiers New Technologies

Oklahoma City, United States Founded: 2015 • Age: 11 yrs Acquired By Cox Automotive
Advanced battery packs for electric vehicles are repaired and repurposed.
Annual revenue - Latest available
Total funding $2.8M 2 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 6 Services tracked
Competitors 8 Brand Intelligence

About Spiers New Technologies

Spiers New Technologies is a company based in Oklahoma City (United States) founded in 2015 was acquired by Cox Automotive in September 2021. It operates as a Managed Services and Product-as-a-Service. Spiers New Technologies has raised $2.8 million across 2 funding rounds from investors including Cox Automotive and i2E. Spiers New Technologies offers products and services including Diagnostics, Storage, Distribution, Repair & Remanufacture, and Repurpose. Spiers New Technologies operates in a competitive market with competitors including Circunomics, Altilium, PowerTech Water, Ziptrax and GDV Mobility, among others.

  • Headquarter Oklahoma City, United States
  • Sectors
    Transportation, Automotive & Logistics
    Environment
  • Email
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  • Legal Name Cox Automotive
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Environment → Environmental Management & Pollution Control Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.8 M (USD)

    in 2 rounds

  • Latest Funding Round
    $400 K (USD), Seed

    Jul 20, 2020

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Cox Automotive

    (Sep 01, 2021)

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Products & Services of Spiers New Technologies

Spiers New Technologies offers a comprehensive portfolio of products and services, including Diagnostics, Storage, Distribution, Repair & Remanufacture, and Repurpose.

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Primary

Battery diagnostics are provided for EV performance analysis.

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Specialized storage solutions are offered for EV batteries.

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EV battery distribution is managed with dealer support.

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Battery repair services are provided for life extension.

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Second-life battery repurposing is facilitated for alternative uses.

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Environmentally friendly recycling is conducted for EV batteries.

People of Spiers New Technologies

Headcount 50-200
Employee Profiles 11
Employee Profiles
People
Robert Storm
Engineering Manager
People
Bart V.
Battery Engineer
People
Karandeep Singh Monga
Battery Engineer
People
Kokyong Wong
Electrical Engineer

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Funding Insights of Spiers New Technologies

Spiers New Technologies has successfully raised a total of $2.8M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $400 thousand completed in July 2020. 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 Spiers New Technologies

Spiers New Technologies has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Cox Automotive and i2E.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
VC & Angel networks focused on science and tech startups
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Cox Automotive is recognized as a leading provider of automotive services.
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Investor details for Spiers New Technologies

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Investments & Acquisitions by Spiers New Technologies

Investments
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Investment portfolio details for Spiers New Technologies

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Financial Statements - Spiers New Technologies

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Spiers New Technologies Comparisons

Spiers New Technologies Primary company
Description
Advanced battery packs for electric vehicles are repaired an...
Location
Oklahoma City, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Spiers New Technologies

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Competitors of Spiers New Technologies

Spiers New Technologies 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 Circunomics, Altilium, PowerTech Water, Ziptrax and GDV Mobility, among others.

Company Name Domain Founded year HQ Location Description
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Waste management services for electric vehicle batteries are provided.
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Recycled EV battery materials are developed for automotive applications.
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Provider of technology solutions for wastewater treatment
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AI-powered solutions for lithium-ion battery repurposing and recycling are offered.
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Offers electric mobility solutions including battery refabrication, recycling, and EV training.
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Detailed competitors of Spiers New Technologies

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Latest news on Spiers New Technologies

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Complete news archive for Spiers New Technologies

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Frequently Asked Questions about Spiers New Technologies

Spiers New Technologies was founded in 2015.

Spiers New Technologies is headquartered in Oklahoma City, United States. It is registered at Oklahoma City, Oklahoma, United States.

Spiers New Technologies is a funded company, having raised a total of $2.8M across 2 funding rounds to date.

Spiers New Technologies, under Cox Automotive, is focused on providing end-to-end electric vehicle (EV) battery solutions. Services are offered across diagnostics, storage, distribution, repair, remanufacturing, repurposing, and recycling. The company operates in the automotive sector, specifically targeting electrification needs for OEMs, dealers, and fleet operators. Comprehensive support is provided to extend battery life and promote sustainable practices through environmentally friendly recycling processes. Operations are conducted internationally with a network of service centers to reduce logistics challenges.

Spiers New Technologies's top competitors include Altilium, Circunomics and PowerTech Water.

Spiers New Technologies offers Diagnostics, Storage, Distribution, Repair & Remanufacture, and 2 more products and services.

Spiers New Technologies has 2 investors. Key investors include Cox Automotive, and i2E.

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