Upgrade Energy Tech

Saint Louis, United States Founded: 2019 • Age: 7 yrs Acquired By Unusual Machines
Provider of lithium ion batteries

About Upgrade Energy Tech

Upgrade Energy Tech is an Energy & Utilities company based in Saint Louis (United States) founded in 2019 by Matt Barnard, and was acquired by Unusual Machines in May 2026. Its chief executive, as recorded, is Matt Barnard. Upgrade Energy Tech offers products and services including Amprius Gold, Amprius Red, Amprius Green, Amprius Purple, and Amprius Smart. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Secondary Battery. Its competitors include Packet Digital and DroneNX; 1 of its 2 listed competitors has raised funding.

Company details

Provider of lithium ion batteries. It provides batteries for various sectors including drones.

  • Headquarters Saint Louis, United States
  • Founders Matt Barnard
  • Stage Acquired
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website upgradeenergytech.com
  • Social LinkedIn Facebook Instagram
  • Acquired by Unusual Machines (May 2026)
Key Metrics

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.

Amprius Gold
Lithium-Ion Battery

High-energy density battery for maximum range in drones.

Amprius Red
High Power Battery

Battery optimized for high power and performance applications.

Amprius Green
Value Range Battery

Cost-effective battery for general energy needs.

Amprius Purple
Value Power Battery

Efficient battery balancing value and power output.

Amprius Smart
Intelligent Battery

Advanced battery with smart features for enhanced functionality.

Accessories
Battery Components

Adapters and tabs improving battery performance and safety.

Funding Insights of Upgrade Energy Tech

  • Total Rounds 1
  • Last Round Grant β€” $75,000
  • First Round $75,000

    (Nov 2022)

  • Investors Count 1

All 1 funding rounds of Upgrade Energy Tech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2022$75,000Grant––
Valuation history

2 investors in total: 2 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
A 12-month accelerator program is offered to tech startups.
2011archgrants.orgSt. Louis, United States
Drone technology company focused on FPV market
2023unusualmachines.comSan Juan, Puerto Rico
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Investor details for Upgrade Energy Tech

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

Verified entity values are shown only after access is granted.

People of Upgrade Energy Tech

2 people are tracked at Upgrade Energy Tech (1 in leadership, 1 in team).

NameRoleGroup
Matt Barnard
Founder & CEOLeadership
Brian Throm
Business AdvisorTeam
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Complete people profiles for Upgrade Energy Tech

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

Verified entity values are shown only after access is granted.

Timeline of Upgrade Energy Tech

3 dated milestones of Upgrade Energy Tech across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Upgrade Energy Tech is founded.
  2. Funding First funding round of $75K.
  3. Exit Acquired by Unusual Machines.

Competitors of Upgrade Energy Tech

Upgrade Energy Tech has 2 listed competitors in our database, 1 of them funded. They include Packet Digital and DroneNX.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
packetdigital.com2003Fargo, United States$11.69M21
Batteries for unmanned aerial vehicles are developed and patented.
dronenx.io2014St. Louis, United States
Manufactures high-quality batteries for unmanned aerial vehicles (UAVs).
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Detailed competitors of Upgrade Energy Tech

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of Upgrade Energy Tech

The website of Upgrade Energy Tech (upgradeenergytech.com) receives about 8.6K visits a month.

  • Monthly visits
    8.6K

    ▲ 130.8% vs previous month

Top companies in Energy Storage Systems

3 companies that operate in the same segment as Upgrade Energy Tech (Energy Storage Systems) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
Silicon-based solar PV modules are manufactured for diverse applications.
1985San Jose, California, United StatesUSD 171.73 MUSD 300 M600
Iron-air energy storage systems are developed for renewable energy projects.
2009Somerville, Massachusetts, United StatesUSD 2 B902
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Frequently Asked Questions about Upgrade Energy Tech

Upgrade Energy Tech was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Upgrade Energy Tech is headquartered in Saint Louis, United States. It is registered at Saint Louis, Missouri, United States.

Matt Barnard is the CEO of Upgrade Energy Tech, as recorded in our data. They have also founded this company.

Provider of lithium ion batteries. It provides batteries for various sectors including drones.

Upgrade Energy Tech's top competitors include Packet Digital and DroneNX.

Upgrade Energy Tech offers Amprius Gold, Amprius Red, Amprius Green, Amprius Purple, and 2 more products and services.

Upgrade Energy Tech has 2 investors. Key investors include Unusual Machines, and Arch Grants.

Yes. Upgrade Energy Tech was acquired by Unusual Machines in May 2026.

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