About Upgrade Energy Tech
Upgrade Energy Tech is a company based in Saint Louis (United States) founded in 2019 by Matt Barnard was acquired by Unusual Machines in May 2026.. Upgrade Energy Tech offers products and services including Amprius Gold, Amprius Red, Amprius Green, Amprius Purple, and Amprius Smart. Upgrade Energy Tech operates in a competitive market with competitors including Packet Digital, Dreamfly Innovations, XLR8 Aerospace, CMIUTA Electric Company and Dominpow, among others.
- Headquarter Saint Louis, United States
- Founders Matt Barnard
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$75 K (USD), Grant
Nov 18, 2022
-
Investors
Unusual Machines
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Unusual Machines
(May 11, 2026)
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 Upgrade Energy Tech
Upgrade Energy Tech offers a comprehensive portfolio of products and services, including Amprius Gold, Amprius Red, Amprius Green, Amprius Purple, and Amprius Smart. 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.
High-energy density battery for maximum range in drones.
Battery optimized for high power and performance applications.
Cost-effective battery for general energy needs.
Efficient battery balancing value and power output.
Advanced battery with smart features for enhanced functionality.
Adapters and tabs improving battery performance and safety.
Unlock access to complete
Unlock access to complete
Funding Insights of Upgrade Energy Tech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $75,000
-
First Round
First Round
(18 Nov 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Grant - Upgrade Energy Tech | Valuation |
investors |
| 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 Upgrade Energy Tech
Upgrade Energy Tech has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Unusual Machines and Arch Grants. 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 |
|---|---|---|---|---|
|
A 12-month accelerator program is offered to tech startups.
|
Founded Year | Domain | Location | |
|
Drone technology company focused on FPV market
|
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 Upgrade Energy Tech
| 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 - Upgrade Energy Tech
| 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 |
Upgrade Energy Tech Comparisons
Competitors of Upgrade Energy Tech
Upgrade Energy Tech 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 Packet Digital, Dreamfly Innovations, XLR8 Aerospace, CMIUTA Electric Company and Dominpow, 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 |
Batteries for unmanned aerial vehicles are developed and patented.
|
|
| domain | founded_year | HQ Location |
High power density batteries for drones are developed and manufactured.
|
|
| domain | founded_year | HQ Location |
Develops aerospace software solutions including Power Pilot and Power Connect.
|
|
| domain | founded_year | HQ Location |
Manufactures high-quality lithium battery packs for various applications.
|
|
| domain | founded_year | HQ Location |
Produces and supplies drone batteries for various applications worldwide.
|
|
| domain | founded_year | HQ Location |
Manufactures high-quality batteries for unmanned aerial vehicles (UAVs).
|
| 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.
|
Frequently Asked Questions about Upgrade Energy Tech
When was Upgrade Energy Tech founded?
Upgrade Energy Tech was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Upgrade Energy Tech located?
Upgrade Energy Tech is headquartered in Saint Louis, United States. It is registered at Saint Louis, Missouri, United States.
Who is the current CEO of Upgrade Energy Tech?
Matt Barnard is the current CEO of Upgrade Energy Tech. They have also founded this company.
What does Upgrade Energy Tech do?
Provider of lithium ion batteries. It provides batteries for various sectors including drones.
Who are the top competitors of Upgrade Energy Tech?
Upgrade Energy Tech's top competitors include Dreamfly Innovations, Packet Digital and XLR8 Aerospace.
What products or services does Upgrade Energy Tech offer?
Upgrade Energy Tech offers Amprius Gold, Amprius Red, Amprius Green, Amprius Purple, and 2 more products and services.
Who are Upgrade Energy Tech's investors?
Upgrade Energy Tech has 2 investors. Key investors include Unusual Machines, and Arch Grants.