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
- SectorsEnergy & Utilities
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website upgradeenergytech.com
- Social LinkedIn Facebook Instagram
- Acquired by Unusual Machines (May 2026)
- Latest Funding Round$75K (USD), Grant
Nov 2022
- InvestorsUnusual Machines
& 1 more
- Acquired byUnusual Machines
(May 2026)
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.
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.
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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2022 | $75,000 | Grant | β | β |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A 12-month accelerator program is offered to tech startups. | 2011 | archgrants.org | St. Louis, United States | |
Drone technology company focused on FPV market | 2023 | unusualmachines.com | San Juan, Puerto Rico |
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).
| Name | Role | Group |
|---|---|---|
Matt Barnard | Founder & CEO | Leadership |
Brian Throm | Business Advisor | Team |
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.
- Founded Upgrade Energy Tech is founded.
- Funding First funding round of $75K.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| packetdigital.com | 2003 | Fargo, United States | $11.69M | 21 | Batteries for unmanned aerial vehicles are developed and patented. | |
| dronenx.io | 2014 | St. Louis, United States | Manufactures high-quality batteries for unmanned aerial vehicles (UAVs). |
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 visits8.6K
▲ 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
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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.
