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
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Standard Energy
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$63.14 M (USD)
in 2 rounds
-
Latest Funding Round
$54.24 M (USD), Series D
Jan 06, 2022
-
Investors
Lotte India
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 2
- Last Round Series D — $54.2M
-
First Round
First Round
(14 Apr 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2022 | Amount | Series D - Standard Energy | Valuation | Lotte India |
|
| Apr, 2021 | Amount | Series C - Standard Energy | Valuation | SBVA |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage venture capital arm of SoftBank Group
|
Founded Year | Domain | Location | |
|
Manufactures and sells confectionery items like chocolates, gums, and toffees.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Standard Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Standard Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Standard Energy Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of low-cost, efficient vanadium redox flow batteries
|
|
| domain | founded_year | HQ Location |
Manufacturer of organic solid state energy storage systems
|
|
| domain | founded_year | HQ Location |
Grid-scale flow battery energy storage systems are developed by EnStorage.
|
|
| domain | founded_year | HQ Location |
Provider of solutions for energy storage systems
|
|
| domain | founded_year | HQ Location |
Manufacturer of vanadium flow batteries for grid-scale and industrial applications
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Standard Energy
Frequently Asked Questions about Standard Energy
When was Standard Energy founded?
Standard Energy was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Where is Standard Energy located?
Standard Energy is headquartered in Daejeon, South Korea.
Who is the current CEO of Standard Energy?
Bu Gi Kim is the current CEO of Standard Energy.
Is Standard Energy a funded company?
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 14, 2021.
What does Standard Energy do?
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.
Who are the top competitors of Standard Energy?
Standard Energy's top competitors include VFlow Tech, CMBlu Energy and Invinity.
What products or services does Standard Energy offer?
Standard Energy offers Vanadium Ion Battery, Energy Management System, Battery Management System, and Power Conditioning System.
Who are Standard Energy's investors?
Standard Energy has 2 investors. Key investors include Lotte India, and SBVA.