About Standard Energy
Standard Energy is a company based in Daejeon (South Korea) founded in 2013. It operates as a Product-as-a-Service. Standard Energy has raised $63.14 million across 2 funding rounds from investors including Lotte India and SBVA. Standard Energy offers products and services including Vanadium Ion Battery, Energy Management System, Battery Management System, and Power Conditioning System. Standard Energy operates in a competitive market with competitors including VFlow Tech, CMBlu Energy, EnStorage, Quino Energy and Invinity, among others.
- Headquarter Daejeon, South Korea
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Standard Energy
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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
$63.14 M (USD)
in 2 rounds
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Latest Funding Round
$54.24 M (USD), Series D
Jan 06, 2022
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Investors
Lotte India
& 1 more
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Employee Count
Not available
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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.
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 |
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Early-stage venture capital arm of SoftBank Group
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Manufactures and sells confectionery items like chocolates, gums, and toffees.
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Investor details for Standard Energy
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Investments & Acquisitions by Standard Energy
Investment portfolio details for Standard Energy
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Financial Statements - Standard Energy
Detailed financials for Standard Energy
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Standard Energy Comparisons
Peer comparison for Standard Energy
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Competitors of Standard Energy
Standard Energy 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 VFlow Tech, CMBlu Energy, EnStorage, Quino Energy and Invinity, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Manufacturer of low-cost, efficient vanadium redox flow batteries
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Manufacturer of organic solid state energy storage systems
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| Locked | Locked | Locked |
Grid-scale flow battery energy storage systems are developed by EnStorage.
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| Locked | Locked | Locked |
Provider of solutions for energy storage systems
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Manufacturer of vanadium flow batteries for grid-scale and industrial applications
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Detailed competitors of Standard Energy
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Latest news on Standard Energy
Complete news archive for Standard Energy
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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 current CEO of Standard Energy.
Standard Energy is a funded company, having raised a total of $63.14M across 2 funding rounds to date.
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's top competitors include VFlow Tech, CMBlu Energy and Invinity.
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.