About Titan Advanced Energy Solutions
Titan Advanced Energy Solutions is a company based in Cambridge (United States) founded in 2016 by Shawn Murphy, Rene Honig, and Sean O'Day.. Titan Advanced Energy Solutions has raised $43.19 million across 3 funding rounds from investors including MassCEC, Doral Energy Group and Fortistar. Titan Advanced Energy Solutions offers products and services including IonSight. Titan Advanced Energy Solutions operates in a competitive market with competitors including Liminal, Aviloo, Novonix, Altergo and NEXT Square, among others.
- Headquarter Cambridge, United States
- Founders Shawn Murphy, Rene Honig, Sean O'Day
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
*********
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Website
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Social
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- Legal Name Titan Advanced Energy Solutions, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$43.19 M (USD)
in 3 rounds
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Latest Funding Round
$33 M (USD), Series B
Nov 16, 2021
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Investors
MassCEC
& 8 more
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Employee Count
Employee Count
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Products & Services of Titan Advanced Energy Solutions
Titan Advanced Energy Solutions offers a comprehensive portfolio of products and services, including IonSight. 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.
Provides high-resolution ultrasound for battery defect detection in production.
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Funding Insights of Titan Advanced Energy Solutions
Titan Advanced Energy Solutions has successfully raised a total of $43.19M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $33 million completed in November 2021. 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 3
- Last Round Series B — $33.0M
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First Round
First Round
(15 Aug 2019)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - Titan Advanced Energy Solutions | Valuation | HG Ventures | |
| Jun, 2020 | Amount | Grant - Titan Advanced Energy Solutions | Valuation |
investors |
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| Aug, 2019 | Amount | Series A - Titan Advanced Energy Solutions | Valuation | Energy Innovation Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Titan Advanced Energy Solutions
Titan Advanced Energy Solutions has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include MassCEC, Doral Energy Group and Fortistar. 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 |
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HG Ventures is focused on investing in sustainable technology companies.
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Founded Year | Domain | Location | |
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Growth-stage energy sector focused venture capital firm investing primarily in the US
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Founded Year | Domain | Location | |
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Venture capital firm backed by GS Group and focused on climate tech, and energy sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Titan Advanced Energy Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Titan Advanced Energy Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Titan Advanced Energy Solutions Comparisons
Competitors of Titan Advanced Energy Solutions
Titan Advanced Energy Solutions 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 Liminal, Aviloo, Novonix, Altergo and NEXT Square, 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 |
Battery management solutions for electric vehicles are provided.
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| domain | founded_year | HQ Location |
Tech-enabled EV battery testing and analysis solutions are provided.
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| domain | founded_year | HQ Location |
High-precision battery testing systems for Li-ion cells are developed.
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| domain | founded_year | HQ Location |
Digital twin platform for battery analytics and management is provided.
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| domain | founded_year | HQ Location |
Cloud-based solutions for building energy management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Titan Advanced Energy Solutions
Frequently Asked Questions about Titan Advanced Energy Solutions
When was Titan Advanced Energy Solutions founded?
Titan Advanced Energy Solutions was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Titan Advanced Energy Solutions located?
Titan Advanced Energy Solutions is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of Titan Advanced Energy Solutions?
Shawn Murphy is the current CEO of Titan Advanced Energy Solutions. They have also founded this company.
Is Titan Advanced Energy Solutions a funded company?
Titan Advanced Energy Solutions is a funded company, having raised a total of $43.19M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10.19M, raised on Aug 15, 2019.
What does Titan Advanced Energy Solutions do?
Titan Advanced Energy Solutions was founded in 2016 in Cambridge, United States. Operations focus on the energy sector, where acoustic battery management systems for lithium batteries are developed to monitor and optimize performance. A software solution for lithium battery manufacturing is also offered, utilizing patented electromagnetic wave technology to modify molecular structures. Services aim to enhance battery efficiency and reduce costs across the production lifecycle.
Who are the top competitors of Titan Advanced Energy Solutions?
Titan Advanced Energy Solutions's top competitors include Liminal, Aviloo and Li-ion Tamer.
What products or services does Titan Advanced Energy Solutions offer?
Titan Advanced Energy Solutions offers IonSight.
Who are Titan Advanced Energy Solutions's investors?
Titan Advanced Energy Solutions has 9 investors. Key investors include MassCEC, Doral Energy Group, Fortistar, HG Ventures, and H+Partners.