About Standard Energy
Standard Energy is an Energy & Utilities company based in Daejeon (South Korea) founded in 2013. Redox flow batteries are developed with electrolyte circulation technology. It operates on a Product-as-a-Service model. Standard Energy has raised $63.14 million across 2 funding rounds from investors including Lotte India and SBVA. Its chief executive, as recorded, is Bu Gi Kim. Standard Energy offers products and services including Vanadium Ion Battery, Energy Management System, Battery Management System, and Power Conditioning System. Its focus areas include Energy, Renewable Energy and Energy Storage Systems.
Company details
Standard Energy is engaged in the development of innovative energy storage systems (ESS) using Vanadium Ion Battery technology. The company operates in the renewable energy sector, aiming to reduce dependency on conventional power plants and stabilize renewable energy sources. Solutions provided include energy management systems, battery management systems, and power conditioning systems, designed to store and supply electricity efficiently across various applications and locations.
- Headquarters Daejeon, South Korea
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website stndenergy.com
- Social LinkedIn
- Legal Name Standard Energy
- Total Equity Funding$63.14M (USD)
in 2 rounds
- Latest Funding Round$54.24M (USD), Series D
Jan 2022
- InvestorsLotte India
& 1 more
Products & Services of Standard Energy
Standard Energy offers a comprehensive portfolio of products and services, including Vanadium Ion Battery, Energy Management System, Battery Management System, and Power Conditioning System.
Innovative battery designed for energy storage systems usage.
System developed for efficient energy usage and management.
System created to monitor and manage battery performance.
System engineered to stabilize and condition power supply.
Funding Insights of Standard Energy
Standard Energy has successfully raised a total of $63.14M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $54.24 million completed in January 2022. 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 $63.14M
- Total Rounds 2
- Last Round Series D — $54.24M
- First Round $8.9M
(Apr 2021)
- Investors Count 2
All 2 funding rounds of Standard Energy 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 |
|---|---|---|---|---|---|
| Jan 2022 | $54.24M | Series D | – | Lotte India | – |
| Apr 2021 | $8.9M | Series C | – | SBVA | – |
2 investors in total: 2 institutional.
Investors in Standard Energy
Standard Energy has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Lotte India and SBVA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital arm of SoftBank Group | sbvacorp.com | Seoul, South Korea | ||
Manufactures and sells confectionery items like chocolates, gums, and toffees. | 2004 | lotteindia.com | Chennai, India |
Investor details for Standard Energy
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
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People of Standard Energy
1 people are tracked at Standard Energy (1 in leadership).
| Name | Role | Group |
|---|---|---|
Bu Gi Kim | CEO | Leadership |
Complete people profiles for Standard Energy
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
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Timeline of Standard Energy
3 dated milestones of Standard Energy across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Standard Energy is founded.
- Funding First funding round of $8.9M.
- Funding Latest funding round, Series D, of $54.2M.
Web traffic of Standard Energy
The website of Standard Energy (stndenergy.com) receives about 5.4K visits a month.
- Monthly visits5.4K
▲ 1.7% vs previous month
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Frequently Asked Questions about Standard Energy
Standard Energy was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Standard Energy is headquartered in Daejeon, South Korea.
Bu Gi Kim is the CEO of Standard Energy, as recorded in our data.
Standard Energy is a funded company, having raised a total of $63.14M across 2 funding rounds to date. The company's 1st funding round was a Series C of $8.9M, raised on Apr 2021.
Standard Energy is engaged in the development of innovative energy storage systems (ESS) using Vanadium Ion Battery technology. The company operates in the renewable energy sector, aiming to reduce dependency on conventional power plants and stabilize renewable energy sources. Solutions provided include energy management systems, battery management systems, and power conditioning systems, designed to store and supply electricity efficiently across various applications and locations.
Standard Energy offers Vanadium Ion Battery, Energy Management System, Battery Management System, and Power Conditioning System.
Standard Energy has 2 investors. Key investors include Lotte India, and SBVA.
Standard Energy operates through Standard Energy.