RePurpose Energy

RePurpose Energy

Private
Fairfield, CaliforniaEnergy & Sustainabilityhttps://repurpose.energy

Last Round

Grant

Nov 16, 2022

Total Funding Raised

$9.41M

Momentum Score

25 /100

Company Overview

RePurpose Energy is an energy storage company that reuses batteries from electric vehicles to create lower-cost, more sustainable energy storage systems.

Sector

Energy & Sustainability

Verticals

Energy Storage, Circular Economy, Renewable Energy, Smart Grid

Business Model

B2B

Customer Profile

Hardware Sales, Government Contracts, Hardware + Subscription, Services & Consulting

AI Layer

Non-AI

Keywords

second-life batteriesenergy storage systemsbattery energy storage systemsBESSEV battery repurposingstationary energy storageutility-scale storagegrid stabilizationbattery management systemsBMScontainerized energy storagecommercial energy storagerenewable energy storagelithium-ion battery testingmicrogridbackup power

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Caplight Momentum Score

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RePurpose Energy Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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RePurpose Energy Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantNov 16, 2022
GrantMay 11, 2022
GrantMay 15, 2021
GrantJun 10, 2020

Key People

Founding team and executive leadership

Jae Wan Park

Chief Executive Officer

Executive Team

Joseph Lacap

CTO

Executive Team

RePurpose Energy Investors

Notable investors and investment history

RePurpose Energy Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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RePurpose Energy Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersFairfield, California
Employee Range6
Year Founded2018
Last FundingNov 16, 2022

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