Aquion Energy

company

About

Aquion Energy is a company that manufactures sodium ion batteries and energy storage systems.

  • 101 - 250

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$20M
Industries
CleanTech,Energy,Energy Management,Energy Storage,Manufacturing,Renewable Energy
Founded date
Jan 1, 2007
Number Of Employee
101 - 250
Operating Status
Active

Aquion Energy is fundamentally­­ changing the economics of power generation, transmission and distribution by developing and commercializing cost-effective energy storage solutions that are safe, reliable, and sustainable from nontoxic components as simple as saltwater. Based on the research of Carnegie Mellon University Professor Jay Whitacre, Aquion's proprietary Aqueous Hybrid Ion (AHI™) battery overcomes the pitfalls of conventional energy storage technologies. AHI systems enhance the electrical grid by providing flexible, emissions-free capacity that optimizes existing generation assets and enables broad adoption of renewable energy technologies.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$111.80M
Aquion Energy has raised a total of $111.80M in funding over 2 rounds. Their latest funding was raised on Sep 29, 2014 from a Series E round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 29, 2014 Series E $36.80M 2 Detail
May 12, 2014 Debt Financing $20M 1 Detail
Jan 8, 2014 Series D $20M 2 Detail
Apr 2, 2013 Series D $35M 1 Detail

Investments

Number of Investments
Number of Lead Investments
2
0
Aquion Energy has made 2 investments. Their most recent investment was on Jul 28, 2010, when Business Insider raised $3M.
Date Company Name
Round Money Raised Industry Lead Investor
Jul 28, 2010 Business Insider
Series D $3M Digital Media
May 21, 2009 Business Insider
Series B $2.70M Digital Media

Investors

Number of Lead Investors
Number of Investors
4
Aquion Energy is funded by 4 investors. Yung's Enterprise and Prelude Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Yung's Enterprise Series E
Prelude Ventures Series E
Trinity Capital Debt Financing
Gentry Venture Partners Series D