TRACXN REPORT : ENERGY STORAGE. April 2016

Transcription

1 TRACXN REPORT : ENERGY STORAGE April 2016

2 Tracxn World s Largest Start-up Research Platform 2

3 Contents Topic Page Sectors We Track 04 Overview 05 Market Map 16 Company List 18 Team 110 3

4 Illustrative Sectors We Track ENTERPRISE INFRASTRUCTURE ENERGY MOBILE ENTERPRISE APPLICATIONS SECURITY SOLAR ENERGY MOBILE COMMERCE SAAS STORAGE WIND ENERGY MOBILE PAYMENTS MOBILE-FIRST ENT. APPS NETWORKING BIOENERGY MOBILE MARKETING INTELLIGENT ENT. APPS MOBILITY SMART GRID MOBILE DEV TOOLS OPEN SOURCE IT OPS ENERGY EFFICIENCY MOBILE HEALTH RETAIL TECH CLOUD INFRASTRUCTURE ELECTRIC VEHICLES MOBILE GAMING MARKETING TECH API MANAGEMENT ENERGY STORAGE MOBILE LEARNING STEALTH MODE BIGDATA INFRASTRUCTURE FUEL CELLS MOBILE COMMUNICATION VERTICAL SAAS CONSUMER FINTECH EDUCATION HEALTHCARE FOOD TECH BITCOIN EDUCATION IT LIFE SCIENCES SECOND HAND GOODS PAYMENTS SELF LEARNING DIGITAL HEALTH 4

5 Sector Overview Scope of report This report covers companies which provide technology and solutions to develop new battery chemistry and manufacture batteries using exisiting proven technologies. This report also covers those companies which provide both grid locked as well as behind-the-meter Energy Storage solutions such as Alevo and Invenergy, and other battery management and charging solution providers such as chargers, battery banks and charging infrastructures developers. Coverage has aso been included for companies which are manufacturing innovative charging solutions such as wireless charging solution providers like Ubeam. This report however does not cover large established cell manufacturers such as Panasonic and Sony, and also companies like Tesla, which still has its primary focus on Automobiles. The report also does not cover companies which are offline, brick and mortar re-sellers of batteries across the globe. Over $4.5B invested since 2011, with ~ $813M invested in rounds of funding between Jan 2015 Mar Energy Storage Systems and Battery are the two top funded sectors. Energy Storage Systems- Investments worth ~ $1.9B Battery Manufacturers and Developers - Investments worth ~ $1.7B Most active funds DFJ Ventures (Enevate, Imergy Power Systems, Nano Tune, Solicore, Prudent Energy) Intel Capital (Cymbet, Lucid, WiTricity, Prieto Battery, Chargifi, Qnovo) Khosla Ventures (Sakti3, Lightsail Energy, Alveo Energy, Ambri, Seeo, Firefly Energy) The Department of Energy (Government of United States) has also invested in various projects due to their innovative nature such as A123 Systems, Green Charge, 24M Technologies, ECOtality etc. 5

6 Investment Overview Notable investments in last six months Gaelectric (Energy Storage Systems) - Undisclosed amount from Lonestar Funds Feb 14, Sunverge Energy (Energy Storage Systems) - $36.5M, Series C from AGL Energy, Arena, SB China Capital & Siemens Venture Capital Feb 9, ITM Power (Hydrogen Energy Storage) - $3.1M, from Undisclosed investors Solid Energy Systems (Innovative Lithium battery developer) - $12M, Series B from Temasek Holdings- Jan 29, 2016 Skeleton Technologies (Ultracapacitor manufacturers) - $4.3M, from KIC InnoEnergy- Jan 28, 2016 Ioxus (Ultracapacitor manufacturers) - $400K, from Undisclosed investors- Jan 27, 2016 Geli (Battery Management System developer) - $2.9M, from Undisclosed investors- Dec Cymbet (Lithium based battery manufacturer) - $9.1M, Series F, from Island Shore Investments- Dec 22, 2015 UBeam (Wireless charging solution provider) - $2.6M, Equity Crwodfunding- Dec 18, 2015 GreenSmith Energy (Battery Management Solution provider) - $18.3M, Series C from EON Energy and American Electric Power- Dec 9, 2015 Younicos (ESS Component developer) - $50M, Undisclosed round, from First Solar and Grupo ECOS- Dec 8, 2015 ChargeItSpot (Charging Solution developer) - $5.3M, Series A, from Robinhood Ventures, SeedInvest and Soundboard Angel fund- Dec 1, 2015 VoltServer (Innovative Charging Solution developer) - $5M, Series A2, from Marker Hill Capital, Natural Resource Capital Management, Clean Energy Venture Group, Slater Fund and Angel Street Capital- Nov 18,

7 To request the full 110 page report, write to us at 7

8 Team Pratik Kundu Senior Analyst, Energy 8