This document provides an overview of funding and business models in the energy tech sector from May 18, 2021. It details the top funded business models in energy storage, electric vehicles, renewable energy, and other areas over the past year. Specific funding amounts and numbers of funding rounds are given for each business model. The top funded companies and deals by location and investor are also highlighted. Individual profiles for top business models include key metrics like total funding received.

1. TRACXN TOP BUSINESS MODELS REPORT
May 18, 2021
ENERGY TECH

2. Energy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
Energy Tech Funding - Overview 3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Energy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Funding in last 1 year
3
Electric Vehicles $15.3B
Energy Storage Tech $4.1B
Energy Efficiency Tech $2.0B
Renewable Energy Tech $1.2B
Oil & Gas Tech $896M
Smart Grid $418M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
EIT InnoEnergy
Y Combinator
LetsVenture
15
5
5
Early
Stage
EIT InnoEnergy
Breakthrough Energy
Google
6
5
4
Late
Stage
Fidelity Investments
T. Rowe Price
Coatue
7
5
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (53%)
China (22%)
Sweden (7%)
Germany (4%)
Canada (3%)
France (2%)
United Kingdom (2%)
Others (9%)
$ Funding # Rounds
Rivian
(2009, United States)
$2.6B - Series E
Rivian
(2009, United States)
$2.5B - Series E
WM Motor
(2015, China)
$1.5B - Series D
ENOVATE
(2018, China)
$744M - Series B
View
(2007, United States)
$700M - Series H
Leap Motor
(2015, China)
$664M - Series B
Northvolt
(2015, Sweden)
$600M - Series C
Sila Nanotechnologies
(2011, United States)
$600M - Series F
Polestar
(1996, Sweden)
$550M - Series D
Beijing Che Lixing Inf..
(2015, China)
$550M - Series D
Xiaopeng
(2014, China)
$500M - Series C
Nuro
(2016, United States)
$500M - Series C

4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1<> 0 Electric Cars $5.3B 21 WM Motor | $1.5B | Series D Link
2<> 0 Electric Pickup Trucks $5.2B 4 Rivian | $2.6B | Series E Link
3▲2 Free Float Electric Kick Scooter Rental $710M 14 TIER | $250M | Series C Link
4▲52 Smart Glass Windows $701M 4 View | $700M | Series H Link
5▲12 Solid State Lithium Ion Batteries $670M 8 QuantumScape | $500M | Series D Link
6▼3 Lithium Ion Batteries $615M 26 Northvolt | $600M | Series C Link
7▲4 Silicon Anodes $611M 3 Sila Nanotech.. | $600M | Series F Link
8-- Electric Car Batteries $500M 1 QuantumScape | $500M | Series D Link
9▲10 Autonomous Delivery Vehicles $500M 2 Nuro | $500M | Series C Link
10▲4
Oil & Gas Tech > Downstream > Fuel Station
Management
$429M 5 Newlink Group | $200M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▼7 eVTOLs $351M 4 Volocopter | $241M | Series D Link
12-- Hydrogen Boron Nuclear Reactors $284M 2 TAE Technolog.. | $280M | Series F Link
13▲18 Electric Bicycles $244M 9 Rad Power Bikes | $150M | Series C Link
14▲9 Lithium Ion EV Batteries $241M 6 SES | $139M | Series D Link
15-- Electric Bus Manufacturers $200M 1 Proterra | $200M | Series H Link
16▲72 Internet First Solar Financier $176M 2 Brighte | $100M | Series D Link
17▼5 EV Charging Operators $176M 8 ChargePoint | $127M | Series H Link
18▲20 Home Energy Management System $173M 6 SmartRent | $96.1M | Series C Link
19▲5 Liquid Air Energy Storage System $146M 2 Form Energy | $76.0M | Series C Link
20▲34 Commercial Lithium Ion Energy Storage System $133M 8 Fluence | $125M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21-- Oil & Gas Tech > Upstream > Diversified $133M 1 Beyond Limits | $133M | Series C Link
22-- Two Wheeler Battery Swapping Stations $130M 3 Oyika | $100M | Series C Link
23▲34 Waste Gas to Computing Power $128M 1 Crusoe Energy | $128M | Series B Link
24▲22 Station Based Electric Kick Scooter Rental $127M 4 Superpedestr.. | $60.0M | Series D Link
25▲26 Commerce Centric EV Charging Networks $125M 1 Volta | $125M | Series D Link
26▲19 Autonomous Trucks $120M 2 Einride | $110M | Series B Link
27▼7 EV Plug in Chargers $118M 17 FreeWire Tec.. | $50.0M | Series C Link
28▼12 Electric Commercial Vehicles $118M 2 Arrival | $118M | Series D Link
29-- Ultracapacitor $110M 5 Skeleton Tech | $61.0M | Series D Link
30▲126 Electric Car Ride Hailing $109M 3 Hype | $96.6M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲4 Solar Powered Cars $107M 3 Sono Motors | $54.7M | Series C Link
32▲28 Autonomous Shuttles $106M 5 EasyMile | $66.0M | Series B Link
33▲99 Hydrogen Production System $93.7M 19 Fusion Fuel | $25.1M | Series B Link
34▼21 Tokamak Nuclear Fusion Reactors $84.0M 1 CFS | $84.0M | Series A Link
35▲54 EV Power System $83.8M 3 Forsee Power | $78.8M | Series C Link
36-- Lithium Ion EV Batteries $83.0M 2 Enevate | $81.0M | Series E Link
37▲83
Oil & Gas Tech > Tech for Vertically Integrated
Players > Analytics
$78.5M 4 Cognite | $75.0M | Series A Link
38▼9 Four Wheeler EV Plug In Charger $76.9M 18 FreeWire Tec.. | $50.0M | Series C Link
39▲145 Power Plants $75.0M 1 Cognite | $75.0M | Series A Link
40▼31
Smart Grid > Distributed Energy Resources >
Microgrid > Operators
$74.1M 7 VoltaGrid | $72.6M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▼31 Electric Scooters $66.7M 9 Ather Energy | $35.1M | Series D Link
42▲22 Four Wheeler EV Plug In Portable Charger $66.5M 5 FreeWire Tec.. | $50.0M | Series C Link
43▼37 Electric Trucks $66.0M 6 Einride | $110M | Series B Link
44▼29 Commercial Building Energy Management System $57.8M 11 PassiveLogic | $16.0M | Series A Link
45▲121 Electric Rickshaws $56.7M 3 GMW | $50.0M | Series C Link
46▲162 Pumped Heat Energy Storage System $56.6M 2 Malta | $50.7M | Series B Link
47▼5 Electric Motorcycles $55.5M 10 Revolt Motors | $20.1M | Series B Link
48▲46 Electric Boats $55.4M 2 Pure Watercr.. | $37.5M | Series A Link
49▲49
Smart Grid > Distributed Energy Resources > DERs
Management
$55.3M 6 Span.IO | $30.4M | Series B Link
50▲81 Smart Grid > Grid Management > Diversified $55.1M 4 Volue | $54.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
WM Motor (2015, China)
$1.5B - Series D - Sep 2020
ENOVATE (2018, China)
$744M - Series B - Oct 2020
Leap Motor (2015, China)
$664M - Series B - Jan 2021
Polestar (1996, Sweden)
$550M - Series D - Apr 2021
Beijing Che Lixing In.. (2015, China)
$550M - Series D - Jun 2020
Xiaopeng (2014, China)
$500M - Series C - Jul 2020
Xiaopeng (2014, China)
$400M - Series C - Jul 2020
View all 21 Funding Rounds on Tracxn Platform
Electric Cars
01
9
Back to index
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Nuro)
(# Cos: 3266 | $49.0B)
Cars (Tesla)
(# Cos: 270 | $31.6B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$5.3B (▲164%)
21(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$31.6B
82
8
270
26
Tesla
(2003, United States, $404M)
Lucid
(2007, United States, $1.3B)
Xiaopeng
(2014, China, $2.6B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Pickup Trucks
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$5.2B (▲213%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$8.0B
3
1
6
2
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Nuro)
(# Cos: 3266 | $49.0B)
Off Highway Vehicles (Bollinger Motors)
(# Cos: 34 | $8.1B)
Pickup Trucks (Rivian)
(# Cos: 6 | $8.0B)
Rivian
(2009, United States, $8.0B)
Bollinger Motors
(2014, United States)
Lordstown Motors
(2019, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Rivian (2009, United States)
$2.6B - Series E - Jan 2021
Rivian (2009, United States)
$2.5B - Series E - Jul 2020
Hercules (2018, United States)
$20.0M - Series A - Mar 2021
Rivian (2009, United States)
Undisclosed - Series E - Sep 2020

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Free Float Electric Kick Scooter Rental
03
11
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$710M (▲8.5%)
14( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$3.0B
33
-
112
9
Electric Vehicles (ChargePoint)
(# Cos: 6437 | $62.0B)
Vehicle as a Service (Yulu)
(# Cos: 732 | $6.9B)
Kick Scooters (Bird)
(# Cos: 197 | $3.3B)
Free Float (Lime)
(# Cos: 112 | $3.0B)
Lime
(2017, United States, $1.0B)
Bird
(2017, United States, $766M)
Dott
(2018, Netherlands, $142M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TIER (2018, Germany)
$250M - Series C - Nov 2020
Lime (2017, United States)
$170M - Series D - May 2020
Voi (2018, Sweden)
$107M - Series C - Dec 2020
Dott (2018, Netherlands)
$85.0M - Series B - Apr 2021
Voi (2018, Sweden)
$29.7M - Series B - Jul 2020
Beam (2018, Singapore)
$26.0M - Series A - May 2020
MARTI (2018, Turkey)
$25.0M - Series B - Jul 2020
View all 14 Funding Rounds on Tracxn Platform

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Smart Glass Windows
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$701M (▲2235%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$3.8B
9
-
10
4
Energy Efficiency Tech (tado°)
(# Cos: 5131 | $14.6B)
Lighting Products (Nanoleaf)
(# Cos: 1218 | $6.2B)
Daylighting (Kinestral Technologies)
(# Cos: 16 | $3.8B)
Smart Glasses (View)
(# Cos: 10 | $3.8B)
View
(2007, United States, $3.5B)
Kinestral Technologies
(2010, United States, $259M)
Heliotrope
(2012, United States, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
View (2007, United States)
$700M - Series H - Jan 2021
Nodis (2014, Singapore)
$500K - Seed - Sep 2020
Andluca Techn.. (2017, United States)
$100K - Seed - Mar 2021
Ambilight (2017, United States)
Undisclosed - Series B - Mar 2021

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Solid State Lithium Ion Batteries
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$670M (▲508%)
8(▲60%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$1.9B
22
1
32
4
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Battery (Sila Nanotechnologies)
(# Cos: 1125 | $9.1B)
Secondary Battery (Northvolt)
(# Cos: 750 | $7.2B)
Lithium Ion (A123 Systems)
(# Cos: 711 | $6.6B)
Solid (QuantumScape)
(# Cos: 32 | $1.9B)
QuantumScape
(2010, United States, $1.0B)
Ilika
(2004, United Kingdom, $8.0M)
BrightVolt
(1998, United States, $96.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
QuantumScape (2010, United States)
$500M - Series D - Sep 2020
Solid Power (2011, United States)
$130M - Series B - May 2021
Solid Power (2011, United States)
$26.0M - Series B - Oct 2020
KeraCel (2017, United States)
$14.0M - Series A - Jan 2021
Cymbet (2000, United States)
$300K - Series E - Aug 2020
Jiangsu Qingtao Energ.. (2014, China)
Undisclosed - Series E - Sep 2020
Jiangsu Qingtao Energ.. (2014, China)
Undisclosed - Series E - Jul 2020
View all 8 Funding Rounds on Tracxn Platform

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Lithium Ion Batteries
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$615M (▼45.1%)
26(▲23.8%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
28
$6.6B
158
21
711
21
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Battery (Sila Nanotechnologies)
(# Cos: 1125 | $9.1B)
Secondary Battery (Northvolt)
(# Cos: 750 | $7.2B)
Lithium Ion (A123 Systems)
(# Cos: 711 | $6.6B)
A123 Systems
(2001, China, $201M)
Northvolt
(2015, Sweden, $1.8B)
QuantumScape
(2010, United States, $1.0B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Northvolt (2015, Sweden)
$600M - Series C - Sep 2020
QuantumScape (2010, United States)
$500M - Series D - Sep 2020
SES (2012, United States)
$139M - Series D - Apr 2021
Solid Power (2011, United States)
$130M - Series B - May 2021
Enevate (2006, United States)
$81.0M - Series E - Feb 2021
Solid Power (2011, United States)
$26.0M - Series B - Oct 2020
Enovix (2006, United States)
$20.0M - Series F - Sep 2020
View all 26 Funding Rounds on Tracxn Platform

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Silicon Anodes
07
15
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$611M (▲111%)
3(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.2B
14
2
14
6
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Battery (Stem)
(# Cos: 1125 | $9.1B)
Components (Ionic Materials)
(# Cos: 133 | $1.5B)
Electrode (NanoOne)
(# Cos: 76 | $1.3B)
Anode (Group14 Technologies)
(# Cos: 40 | $1.2B)
Silicon (Sila Nanotechnologies)
(# Cos: 14 | $1.2B)
Sila Nanotechnologies
(2011, United States, $889M)
Group14 Technologies
(2015, United States, $32.4M)
Advano
(2014, United States, $23.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Sila Nanotech.. (2011, United States)
$600M - Series F - Jan 2021
E-magy (2014, Netherlands)
$6.0M - Series A - Feb 2021
Advano (2014, United States)
$4.7M - Series A - Apr 2021

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Car Batteries
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$500M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.2B
3
1
4
1
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Components (Hyliion)
(# Cos: 534 | $3.7B)
Batteries (StoreDot)
(# Cos: 170 | $2.2B)
Four Wheelers (A123 Systems)
(# Cos: 76 | $2.0B)
Cars (QuantumScape)
(# Cos: 4 | $1.2B)
QuantumScape
(2010, United States, $1.0B)
StoreDot
(2012, Israel, $146M)
Ilika
(2004, United Kingdom, $8.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
QuantumScape (2010, United States)
$500M - Series D - Sep 2020

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Delivery Vehicles
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$500M (▲400%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.7B
5
-
6
2
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Tesla)
(# Cos: 3266 | $49.0B)
Commercial Vehicles (Proterra)
(# Cos: 531 | $4.4B)
Autonomous Vehicles for
Logistics (Nuro)
(# Cos: 6 | $1.7B)
Nuro
(2016, United States, $1.5B)
AutoX
(2016, United States, $187M)
Academy of Robotics
(2016, United Kingdom, $376K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nuro (2016, United States)
$500M - Series C - Nov 2020
Nuro (2016, United States)
Undisclosed - Series C - Mar 2021

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Newlink Group (2016, China)
$200M - Series D - Mar 2021
Newlink Group (2016, China)
$129M - Series D - Jul 2020
Newlink Group (2016, China)
$100M - Series D - Jan 2021
Gas Pos (2015, United States)
$150K - Seed - Jun 2020
Wisdom Youke Network .. (2016, China)
Undisclosed - Series B - Jun 2020
Oil & Gas Tech > Downstream > Fuel
Station Management
10
18
Back to index
Oil & Gas Tech (Drillinginfo)
(# Cos: 1419 | $5.4B)
Downstream (PrePayPower)
(# Cos: 296 | $770M)
Fuel Station Management (PDI Software)
(# Cos: 113 | $689M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$429M (▲144%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
10
$689M
20
-
113
3
PDI Software
(1983, United States)
Titan Cloud Software
(1999, United States)
Gas Pos
(2015, United States, $1.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
eVTOLs
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$351M (▼62.1%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.6B
6
-
7
4
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Nuro)
(# Cos: 3266 | $49.0B)
Aerial (Lilium)
(# Cos: 97 | $1.9B)
Vertical Take-Off And Landing
(Volocopter)
(# Cos: 7 | $1.6B)
Volocopter
(2011, Germany, $388M)
Lilium
(2015, Germany, $375M)
Joby Aviation
(2009, United States, $820M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Volocopter (2011, Germany)
$241M - Series D - Mar 2021
Joby Aviation (2009, United States)
$75.0M - Series C - Dec 2020
Lilium (2015, Germany)
$35.0M - Series C - Jun 2020
Advanced Airc.. (2015, United States)
Undisclosed - Series A - Apr 2021

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Hydrogen Boron Nuclear Reactors
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$284M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$971M
3
-
3
1
Nuclear Fusion (Phoenix)
(# Cos: 26 | $1.8B)
Reactors (General Fusion)
(# Cos: 25 | $1.8B)
Magnetic (CFS)
(# Cos: 19 | $1.8B)
Hydrogen Boron (TAE
Technologies)
(# Cos: 3 | $971M)
TAE Technologies
(1998, United States, $961M)
HB11 Energy
(1963, Australia, $3.6M)
Lawrenceville Plasma P..
(1974, United States, $6.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TAE Technolog.. (1998, United States)
$280M - Series F - Apr 2021
HB11 Energy (1963, Australia)
$3.6M - Seed - Feb 2021

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Bicycles
13
21
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$244M (▲283%)
9(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$475M
73
-
784
8
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Nuro)
(# Cos: 3266 | $49.0B)
Two Wheelers (Ola Electric)
(# Cos: 1387 | $2.1B)
Bicycles (VanMoof)
(# Cos: 784 | $475M)
VanMoof
(2009, Netherlands, $73.0M)
Rad Power Bikes
(2007, United States, $175M)
Cowboy
(2017, Belgium, $45.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Rad Power Bikes (2007, United States)
$150M - Series C - Feb 2021
VanMoof (2009, Netherlands)
$40.0M - Series B - Sep 2020
Cowboy (2017, Belgium)
$26.6M - Series B - Jul 2020
Super73 (2011, United States)
$20.0M - Series B - Feb 2021
MATE (2016, Denmark)
$4.7M - Series A - Oct 2020
Modmo (2019, Ireland)
$1.2M - Seed - Apr 2021
MATE (2016, Denmark)
$1.1M - Series A - Jul 2020
View all 9 Funding Rounds on Tracxn Platform

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Lithium Ion EV Batteries
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$241M (▲158%)
6(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$677M
15
1
35
4
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Battery (Sila Nanotechnologies)
(# Cos: 1125 | $9.1B)
Secondary Battery (QuantumScape)
(# Cos: 750 | $7.2B)
Lithium Ion (Northvolt)
(# Cos: 711 | $6.6B)
Electric Vehicles (A123 Systems)
(# Cos: 35 | $677M)
A123 Systems
(2001, China, $201M)
SES
(2012, United States, $139M)
Romeo Power
(2015, United States, $123M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SES (2012, United States)
$139M - Series D - Apr 2021
Enevate (2006, United States)
$81.0M - Series E - Feb 2021
InoBat Auto (2019, Slovakia)
$11.2M - Series B - Jul 2020
Lohum (2011, India)
$7.0M - Series A - Dec 2020
Grinntech Motors & Se.. (2011, India)
$2.0M - Seed - Aug 2020
Grinntech Motors & Se.. (2011, India)
$1.0M - Seed - Jul 2020

23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Bus Manufacturers
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$200M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$930M
15
4
42
1
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Tesla)
(# Cos: 3266 | $49.0B)
Commercial Vehicles (Nuro)
(# Cos: 531 | $4.4B)
Buses (Proterra)
(# Cos: 42 | $930M)
Proterra
(2004, United States, $858M)
GreenPower Motor Company
(2010, Canada)
Linkker
(2014, Finland, $3.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Proterra (2004, United States)
$200M - Series H - Oct 2020

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Brighte (2015, Australia)
$100M - Series D - Jan 2021
Brighte (2015, Australia)
$76.1M - Series C - Dec 2020
Internet First Solar Financier
16
24
Back to index
Renewable Energy Tech (SunPower)
(# Cos: 2143 | $12.1B)
Solar Energy (First Solar)
(# Cos: 1113 | $8.0B)
Solar Financing (Brighte)
(# Cos: 29 | $813M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$176M (▲1106%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$813M
16
-
29
6
Brighte
(2015, Australia, $207M)
Renew Financial
(2008, United States, $125M)
Mosaic
(2011, United States, $251M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
EV Charging Operators
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$176M (▼13.9%)
8(▼11.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
18
$1.2B
82
2
309
9
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Charging Solutions (FreeWire Technologies)
(# Cos: 1124 | $2.4B)
Station Network (Volta)
(# Cos: 478 | $1.5B)
Charging (NewMotion)
(# Cos: 463 | $1.3B)
Operators (ChargePoint)
(# Cos: 309 | $1.2B)
ChargePoint
(2007, United States, $657M)
NewMotion
(2009, Netherlands, $18.0M)
Volta
(2010, United States, $216M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ChargePoint (2007, United States)
$127M - Series H - Aug 2020
Volta (2010, United States)
$125M - Series D - Jan 2021
AddEnergie Technolog.. (2009, Canada)
$39.8M - Series C - Oct 2020
Zeplug (2014, France)
$5.9M - Series B - Nov 2020
ChargeZone (2018, India)
$3.0M - Seed - Oct 2020
Xeal (2019, United States)
Undisclosed - Seed - Aug 2020
Francis Energy (2019, United States)
Undisclosed - Seed - Jan 2021
View all 8 Funding Rounds on Tracxn Platform

26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Home Energy Management System
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$173M (▲227%)
6(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$759M
61
3
216
7
Energy Efficiency Tech (Nanoleaf)
(# Cos: 5131 | $14.6B)
Energy Management System (tado°)
(# Cos: 2084 | $5.8B)
Building Automation Systems (Asetek)
(# Cos: 1225 | $3.7B)
HEMS (SmartRent)
(# Cos: 216 | $759M)
SmartRent
(2017, United States, $138M)
Alarm.com
(2000, United States, $137M)
Tibber
(2016, Sweden, $77.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SmartRent (2017, United States)
$96.1M - Series C - May 2020
Tibber (2016, Sweden)
$65.0M - Series B - Nov 2020
Cuculus (2007, Germany)
$9.1M - Series B - Jan 2021
IOTAS (2014, United States)
$2.8M - Series A - Apr 2021
Shenzhen Feibi Electr.. (2010, China)
Undisclosed - Series A - Jan 2021
SmartRent (2017, United States)
Undisclosed - Series C - Mar 2021

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Liquid Air Energy Storage System
19
27
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$146M (▲69.8%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$270M
4
-
9
2
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Energy Storage System (Moixa)
(# Cos: 625 | $6.1B)
Thermal (Axiom Exergy)
(# Cos: 72 | $806M)
Liquid Air (Highview Power)
(# Cos: 9 | $270M)
Highview Power
(2005, United Kingdom, $145M)
Form Energy
(2009, United States, $125M)
Pintail Power
(2014, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Form Energy (2009, United States)
$76.0M - Series C - Sep 2020
Highview Power (2005, United Kingdom)
$70.0M - Series C - Feb 2021

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Commercial Lithium Ion Energy Storage
System
20
28
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$133M (▲326%)
8(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
15
$3.4B
66
7
197
10
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Energy Storage System (Highview Power)
(# Cos: 625 | $6.1B)
Lithium Ion (Moixa)
(# Cos: 326 | $3.8B)
Commercial (Fluence)
(# Cos: 197 | $3.4B)
Fluence
(2018, United States, $125M)
TransPower
(2010, United States, $3.0M)
Cadenza Innovation
(2016, United States, $15.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fluence (2018, United States)
$125M - Series D - Dec 2020
Forsee Power (2011, France)
$78.8M - Series C - Feb 2021
LAVLE (2018, United States)
$5.0M - Series A - Oct 2020
Cadenza Innov.. (2016, United States)
$3.4M - Series A - Feb 2021
Spear Power S.. (2013, United States)
$3.0M - Series B - Nov 2020
ZeroNox (2017, United States)
$2.0M - Seed - Jan 2021
Enode (2020, Norway)
$125K - Seed - Jan 2021
View all 8 Funding Rounds on Tracxn Platform

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Beyond Limits (2010, United States)
$133M - Series C - Sep 2020
Oil & Gas Tech > Upstream > Diversified
21
29
Back to index
Oil & Gas Tech (Nabors)
(# Cos: 1419 | $5.4B)
Upstream (Drillinginfo)
(# Cos: 805 | $3.5B)
Diversified (Beyond Limits)
(# Cos: 26 | $160M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$133M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$160M
12
1
26
1
Beyond Limits
(2010, United States, $153M)
Aucerna
(2005, Canada)
TouGas Oilfield Soluti..
(2013, Germany)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Two Wheeler Battery Swapping Stations
22
30
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$201M
5
-
10
2
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Charging Solutions (FreeWire Technologies)
(# Cos: 1124 | $2.4B)
Station Network (ChargePoint)
(# Cos: 478 | $1.5B)
Battery Swapping (Lithion Power)
(# Cos: 15 | $201M)
Two Wheelers (EHuanDian)
(# Cos: 10 | $201M)
EHuanDian
(2015, China, $100M)
Lithion Power
(2017, India, $617K)
Yichangqi Network Tech..
(2017, China)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Oyika (2018, Singapore)
$100M - Series C - Apr 2021
EHuanDian (2015, China)
$30.0M - Series C - Sep 2020
Batterypool (2018, India)
$34.0K - Seed - Sep 2020

31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Waste Gas to Computing Power
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$128M (▲327%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$163M
1
-
1
1
Oil & Gas Tech (Nabors)
(# Cos: 1419 | $5.4B)
Upstream (Drillinginfo)
(# Cos: 805 | $3.5B)
Oilfield Management (Rovco)
(# Cos: 203 | $747M)
Computing (Crusoe Energy)
(# Cos: 1 | $163M)
Crusoe Energy
(2018, United States, $163M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Crusoe Energy (2018, United States)
$128M - Series B - Apr 2021

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Station Based Electric Kick Scooter
Rental
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$127M (▲230%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$271M
14
-
68
2
Electric Vehicles (ChargePoint)
(# Cos: 6437 | $62.0B)
Vehicle as a Service (Bird)
(# Cos: 732 | $6.9B)
Kick Scooters (Lime)
(# Cos: 197 | $3.3B)
Station Based (Grin Scooters)
(# Cos: 68 | $271M)
Grin Scooters
(2018, Mexico, $72.7M)
Neuron
(2016, Singapore, $34.2M)
Superpedestrian
(2012, United States, $158M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Superpedestrian (2012, United States)
$60.0M - Series D - Dec 2020
Superpedestrian (2012, United States)
$55.1M - Series C - Jun 2020
Neuron (2016, Singapore)
$12.0M - Series A - Sep 2020
Superpedestrian (2012, United States)
Undisclosed - Series D - Jan 2021

33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Commerce Centric EV Charging
Networks
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$125M (▲291%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$216M
1
-
1
1
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Charging Solutions (FreeWire Technologies)
(# Cos: 1124 | $2.4B)
Station Network (EV Connect)
(# Cos: 478 | $1.5B)
Charging (NewMotion)
(# Cos: 463 | $1.3B)
Operators (ChargePoint)
(# Cos: 309 | $1.2B)
Brands Sponsored (Volta)
(# Cos: 1 | $216M)
Volta
(2010, United States, $216M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Volta (2010, United States)
$125M - Series D - Jan 2021

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Trucks
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$120M (▲197%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$163M
3
-
4
1
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Tesla)
(# Cos: 3266 | $49.0B)
Commercial Vehicles (Nuro)
(# Cos: 531 | $4.4B)
Trucks (Nikola Motor)
(# Cos: 26 | $1.1B)
Autonomous (Einride)
(# Cos: 4 | $163M)
Einride
(2016, Sweden, $160M)
Udelv
(2016, United States, $1.4M)
Ati Motors
(2017, India, $1.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Einride (2016, Sweden)
$110M - Series B - May 2021
Einride (2016, Sweden)
$10.0M - Series A - Oct 2020

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
FreeWire Tech.. (2014, United States)
$50.0M - Series C - Jan 2021
Wallbox (2015, Spain)
$40.0M - Series C - Feb 2021
Charge Amps (2012, Sweden)
$15.3M - Series B - Mar 2021
Exicom Tele-Systems (1994, India)
$10.2M - Series B - Sep 2020
Indra (2011, United Kingdom)
$8.2M - Series A - Jan 2021
SparkCharge (2014, United States)
$3.3M - Seed - Oct 2020
Magenta Chargegrid (2020, India)
$1.6M - Seed - Apr 2021
View all 17 Funding Rounds on Tracxn Platform
EV Plug in Chargers
27
35
Back to index
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Charging Solutions (ChargePoint)
(# Cos: 1124 | $2.4B)
Plug in Charging (FreeWire Technologies)
(# Cos: 458 | $605M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$118M (▲23.2%)
17(▲13.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
35
$605M
121
4
458
18
FreeWire Technologies
(2014, United States, $103M)
Ubitricity
(2008, Germany, $29.4M)
POD Point
(2009, United Kingdom, $58.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Commercial Vehicles
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$118M (▲5.9%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$229M
10
2
42
0
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Tesla)
(# Cos: 3266 | $49.0B)
Commercial Vehicles (Nuro)
(# Cos: 531 | $4.4B)
Multi Category Commercial
Vehicles (Arrival)
(# Cos: 42 | $229M)
Arrival
(2015, United Kingdom, $229M)
The Lion Electric
(2008, Canada)
London EV Company
(1919, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Arrival (2015, United Kingdom)
$118M - Series D - Oct 2020
EVage (2019, India)
Undisclosed - Angel - Aug 2020

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Ultracapacitor
29
37
Back to index
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Ultracapacitor (Skeleton Tech)
(# Cos: 49 | $240M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$110M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$240M
27
6
49
4
Skeleton Tech
(2009, Germany, $109M)
Ioxus
(2007, United States, $58.5M)
Nanoramic Laboratories
(2010, United States, $25.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Skeleton Tech (2009, Germany)
$61.0M - Series D - Mar 2021
Skeleton Tech (2009, Germany)
$48.5M - Series D - Nov 2020
Integrated G.. (2020, United Kingdom)
$4.1M - Series A - Nov 2020
Nanoramic Lab.. (2010, United States)
$1.3M - Series B - Nov 2020
Skeleton Tech (2009, Germany)
Undisclosed - Series D - Mar 2021

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Car Ride Hailing
30
38
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$109M (▲2883%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$161M
14
-
38
5
Electric Vehicles (ChargePoint)
(# Cos: 6437 | $62.0B)
Vehicle as a Service (Lime)
(# Cos: 732 | $6.9B)
Cars (Envoy)
(# Cos: 193 | $481M)
Ride Hailing (Blu Smart)
(# Cos: 38 | $161M)
Blu Smart
(2018, India, $15.6M)
Lithium Urban Technolo..
(2013, India, $19.3M)
Hype
(2015, France, $96.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hype (2015, France)
$96.6M - Series C - Jan 2021
Blu Smart (2018, India)
$7.0M - Seed - Sep 2020
Blu Smart (2018, India)
$5.0M - Seed - Jul 2020

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Solar Powered Cars
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$107M (▲92.4%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$180M
3
-
10
3
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Nuro)
(# Cos: 3266 | $49.0B)
Cars (Tesla)
(# Cos: 270 | $31.6B)
Solar Powered (Sono Motors)
(# Cos: 10 | $180M)
Sono Motors
(2013, Germany, $120M)
Aptera Motors
(2005, United States, $6.2M)
Lightyear
(2016, Netherlands, $54.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Sono Motors (2013, Germany)
$54.7M - Series C - Dec 2020
Lightyear (2016, Netherlands)
$48.0M - Series B - Mar 2021
Aptera Motors (2005, United States)
$4.0M - Series A - Feb 2021

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Shuttles
32
40
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$106M (▲271%)
5(▲400%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$184M
8
1
17
3
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Tesla)
(# Cos: 3266 | $49.0B)
Commercial Vehicles (Nuro)
(# Cos: 531 | $4.4B)
Shuttles (EasyMile)
(# Cos: 24 | $184M)
Autonomous (Navya Technology)
(# Cos: 17 | $184M)
Navya Technology
(2014, France, $38.5M)
EasyMile
(2014, France, $88.5M)
Auro Robotics
(2013, United States, $2.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
EasyMile (2014, France)
$66.0M - Series B - Apr 2021
Glydways (2016, United States)
$35.2M - Series C - Sep 2020
Glydways (2016, United States)
$5.0M - Series C - Apr 2021
Glydways (2016, United States)
$70.0K - Series C - Dec 2020
PIX Moving (2017, China)
Undisclosed - Seed - Feb 2021

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Fusion Fuel (2016, Portugal)
$25.1M - Series B - Aug 2020
H2PRO (2019, Israel)
$25.0M - Series A - Mar 2021
GreenHydrogen (2007, Denmark)
$24.4M - Series B - Jun 2020
Energy Observer Deve.. (2017, France)
$23.6M - Series A - Sep 2020
BayoTech (2015, United States)
$10.0M - Series B - Jan 2021
Hystar (2020, Norway)
$5.9M - Series A - Mar 2021
Ekona (2017, Canada)
$2.3M - Seed - Jan 2021
View all 19 Funding Rounds on Tracxn Platform
Hydrogen Production System
33
41
Back to index
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Hydrogen Refueling (Everfuel)
(# Cos: 157 | $405M)
Hydrogen Generation (ERGOSUP)
(# Cos: 91 | $189M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$93.7M (▲1325%)
19(▲280%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$189M
51
4
91
4
ERGOSUP
(2012, France, $18.3M)
ITM Power
(2001, United Kingdom)
BayoTech
(2015, United States, $28.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Tokamak Nuclear Fusion Reactors
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$84.0M (▼58.4%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$351M
2
-
3
2
Nuclear Fusion (Tokamak Energy)
(# Cos: 26 | $1.8B)
Reactors (Phoenix)
(# Cos: 25 | $1.8B)
Magnetic (TAE Technologies)
(# Cos: 19 | $1.8B)
Hydrogen (General Fusion)
(# Cos: 16 | $809M)
Tokamak (CFS)
(# Cos: 3 | $351M)
CFS
(2018, United States, $264M)
Tokamak Energy
(2009, United Kingdom, $87.0M)
Applied Fusion Systems
(2014, United Kingdom)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CFS (2018, United States)
$84.0M - Series A - May 2020

43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
EV Power System
35
43
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$83.8M (▲475%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$1.3B
17
4
55
4
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Energy Storage System (Highview Power)
(# Cos: 625 | $6.1B)
Lithium Ion (Moixa)
(# Cos: 326 | $3.8B)
Commercial (Fluence)
(# Cos: 197 | $3.4B)
Automotive (Forsee Power)
(# Cos: 55 | $1.3B)
Forsee Power
(2011, France, $143M)
Microvast
(2006, United States, $430M)
Flux Power
(2009, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Forsee Power (2011, France)
$78.8M - Series C - Feb 2021
Spear Power S.. (2013, United States)
$3.0M - Series B - Nov 2020
ZeroNox (2017, United States)
$2.0M - Seed - Jan 2021

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Lithium Ion EV Batteries
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$83.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$824M
11
5
48
2
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Components (Hyliion)
(# Cos: 534 | $3.7B)
Batteries (StoreDot)
(# Cos: 170 | $2.2B)
Four Wheelers (QuantumScape)
(# Cos: 76 | $2.0B)
Diversified (Microvast)
(# Cos: 62 | $874M)
Lithium-Ion (A123 Systems)
(# Cos: 48 | $824M)
A123 Systems
(2001, China, $201M)
Microvast
(2006, United States, $430M)
Enevate
(2006, United States, $191M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Enevate (2006, United States)
$81.0M - Series E - Feb 2021
ZeroNox (2017, United States)
$2.0M - Seed - Jan 2021

45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Cognite (2016, Norway)
$75.0M - Series A - Oct 2020
Maana (2012, United States)
$2.0M - Series C - Nov 2020
PetroDE (2011, United States)
$1.5M - Seed - Nov 2020
MCA Connect (2002, United States)
Undisclosed - PE - Jul 2020
Oil & Gas Tech > Tech for Vertically Integrated
Players > Analytics
37
45
Back to index
Oil & Gas Tech (Drillinginfo)
(# Cos: 1419 | $5.4B)
Tech for Vertically Integrated Players (RigNet)
(# Cos: 174 | $543M)
Analytics (Kayrros)
(# Cos: 43 | $226M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$78.5M (▲911%)
4(▼42.9%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$226M
14
-
43
7
Kayrros
(2016, France, $34.0M)
Maana
(2012, United States, $90.2M)
Cognite
(2016, Norway, $75.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Four Wheeler EV Plug In Charger
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$76.9M (▲8.2%)
18(▲38.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
34
$730M
129
5
434
17
Energy Storage Tech (EV Connect)
(# Cos: 3603 | $21.0B)
Charging (ChargePoint)
(# Cos: 1381 | $3.0B)
Devices (WiTricity)
(# Cos: 731 | $1.3B)
Plug In (POD Point)
(# Cos: 463 | $756M)
Electric Vehicle (Ubitricity)
(# Cos: 460 | $744M)
Four Wheelers (FreeWire
Technologies)
(# Cos: 434 | $730M)
FreeWire Technologies
(2014, United States, $103M)
Ubitricity
(2008, Germany, $29.4M)
POD Point
(2009, United Kingdom, $58.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
FreeWire Tech.. (2014, United States)
$50.0M - Series C - Jan 2021
Wallbox (2015, Spain)
$40.0M - Series C - Feb 2021
dcbel (2015, Canada)
$40.0M - Series B - Jun 2020
Charge Amps (2012, Sweden)
$15.3M - Series B - Mar 2021
Spirii (2019, Denmark)
$11.2M - Series A - Mar 2021
Exicom Tele-Systems (1994, India)
$10.2M - Series B - Sep 2020
Indra (2011, United Kingdom)
$8.2M - Series A - Jan 2021
View all 18 Funding Rounds on Tracxn Platform

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Power Plants
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$75.0M (▲4616%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$78.4M
10
-
17
1
Renewable Energy Tech (First Solar)
(# Cos: 2143 | $12.1B)
Horizontal (Ambri)
(# Cos: 330 | $815M)
Project Feasibility (OnGen)
(# Cos: 19 | $78.7M)
Power Plants (Cognite)
(# Cos: 17 | $78.4M)
Cognite
(2016, Norway, $75.0M)
MADA Analytics
(2017, Israel)
Traverse
(2016, Singapore, $150K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cognite (2016, Norway)
$75.0M - Series A - Oct 2020

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Smart Grid > Distributed Energy Resources >
Microgrid > Operators
40
48
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$74.1M (▼78.8%)
7(▲133%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$477M
17
1
44
4
Smart Grid (Bidgely)
(# Cos: 1985 | $7.0B)
Distributed Energy Resources (Stem)
(# Cos: 211 | $1.8B)
Microgrid (Spark Power)
(# Cos: 119 | $566M)
Operators (Bboxx)
(# Cos: 44 | $477M)
Bboxx
(2005, United Kingdom, $50.0M)
Husk Power Systems
(2008, India, $31.0M)
Scale Microgrid Soluti..
(2016, United States, $300M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
VoltaGrid (2020, United States)
$72.6M - Series C - Jan 2021
ME SOLshare (2015, Bangladesh)
$1.1M - Series A - Jul 2020
ME SOLshare (2015, Bangladesh)
$363K - Series A - Dec 2020
Sunkofa Energy (2018, Spain)
Undisclosed - Seed - Oct 2020
Peak Power (2015, United States)
Undisclosed - Seed - Nov 2020
SolMicroGrid (2019, United States)
Undisclosed - Seed - Jan 2021
Peak Power (2015, United States)
Undisclosed - Seed - Jan 2021

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Scooters
41
49
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$66.7M (▼79.3%)
9( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$1.3B
49
3
274
12
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Nuro)
(# Cos: 3266 | $49.0B)
Two Wheelers (Ather Energy)
(# Cos: 1387 | $2.1B)
Scooters (Ola Electric)
(# Cos: 274 | $1.3B)
Ola Electric
(2017, India, $325M)
Ather Energy
(2013, India, $158M)
Gogoro
(2011, Taiwan, $480M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ather Energy (2013, India)
$35.1M - Series D - Nov 2020
RED Electric (2015, France)
$12.1M - Series B - Jan 2021
Ather Energy (2013, India)
$11.3M - Series C - Jul 2020
SWAG EV (2018, Thailand)
$5.0M - Series A - Oct 2020
PURE (2015, India)
$1.4M - Seed - Oct 2020
Velca (2020, Spain)
$888K - Seed - Sep 2020
Okinawa Scooters (2015, India)
$794K - Seed - Sep 2020
View all 9 Funding Rounds on Tracxn Platform

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Four Wheeler EV Plug In Portable
Charger
42
50
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$66.5M (▲166%)
5(▲150%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$152M
9
-
49
2
Energy Storage Tech (EV Connect)
(# Cos: 3603 | $21.0B)
Charging (ChargePoint)
(# Cos: 1381 | $3.0B)
Devices (WiTricity)
(# Cos: 731 | $1.3B)
Plug In (EVBox)
(# Cos: 463 | $756M)
Electric Vehicle (POD Point)
(# Cos: 460 | $744M)
Four Wheelers (Ubitricity)
(# Cos: 434 | $730M)
Portable (FreeWire
Technologies)
(# Cos: 49 | $152M)
FreeWire Technologies
(2014, United States, $103M)
Ubitricity
(2008, Germany, $29.4M)
SparkCharge
(2014, United States, $5.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
FreeWire Tech.. (2014, United States)
$50.0M - Series C - Jan 2021
Spirii (2019, Denmark)
$11.2M - Series A - Mar 2021
SparkCharge (2014, United States)
$3.3M - Seed - Oct 2020
SparkCharge (2014, United States)
$1.0M - Seed - Nov 2020
SparkCharge (2014, United States)
$1.0M - Angel - Oct 2020

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Trucks
43
51
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$66.0M (▼86.3%)
6(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.1B
11
2
26
4
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Tesla)
(# Cos: 3266 | $49.0B)
Commercial Vehicles (Nuro)
(# Cos: 531 | $4.4B)
Trucks (Nikola Motor)
(# Cos: 26 | $1.1B)
Nikola Motor
(2014, United States, $760M)
Einride
(2016, Sweden, $160M)
Volta Trucks
(2019, United Kingdom, $20.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Einride (2016, Sweden)
$110M - Series B - May 2021
Electric Last.. (2020, United States)
$25.0M - Series B - Dec 2020
Xos (2016, United States)
$20.0M - Series B - Aug 2020
Volta Trucks (2019, United Kingdom)
$20.0M - Series B - Jan 2021
Einride (2016, Sweden)
$10.0M - Series A - Oct 2020
Electric Last.. (2020, United States)
$990K - Series B - Dec 2020

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Commercial Building Energy
Management System
44
52
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$57.8M (▼65.6%)
11(▼42.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
41
$1.5B
194
5
570
20
Energy Efficiency Tech (Nanoleaf)
(# Cos: 5131 | $14.6B)
Energy Management System (tado°)
(# Cos: 2084 | $5.8B)
Building Automation Systems (Asetek)
(# Cos: 1225 | $3.7B)
BEMS (Latch)
(# Cos: 570 | $1.5B)
Latch
(2014, United States, $152M)
Zenatix
(2013, India, $1.4M)
Enlighted
(2009, United States, $83.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PassiveLogic (2014, United States)
$16.0M - Series A - Jul 2020
Aquicore (2012, United States)
$14.0M - Series B - Jul 2020
Budderfly (2007, United States)
$7.8M - Series A - Oct 2020
75fahrenheit (2012, United States)
$4.8M - Series A - Mar 2021
Senseware (2013, United States)
$4.7M - Series B - Feb 2021
Spaceti (2016, Czech Republic)
$3.8M - Seed - May 2020
Crocus AI (2017, United States)
$2.9M - Series A - Jul 2020
View all 11 Funding Rounds on Tracxn Platform

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Rickshaws
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$56.7M (▲1923%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$62.3M
8
2
162
2
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Tesla)
(# Cos: 3266 | $49.0B)
Commercial Vehicles (Nuro)
(# Cos: 531 | $4.4B)
eRickshaws (Euler Motors)
(# Cos: 162 | $62.3M)
Euler Motors
(2015, India, $11.9M)
GMW
(2010, India, $50.0M)
Mellowcabs
(2012, South Africa, $300K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
GMW (2010, India)
$50.0M - Series C - Mar 2021
Euler Motors (2015, India)
$4.1M - Series A - Mar 2021
Euler Motors (2015, India)
$2.6M - Series A - Mar 2021

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Pumped Heat Energy Storage System
46
54
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$56.6M (▲ >10K%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$268M
22
1
42
5
Energy Storage Tech (ChargePoint)
(# Cos: 3603 | $21.0B)
Energy Storage System (Moixa)
(# Cos: 625 | $6.1B)
Thermal (Highview Power)
(# Cos: 72 | $806M)
Pumped Heat (Axiom Exergy)
(# Cos: 42 | $268M)
Axiom Exergy
(2013, United States, $12.5M)
Sunamp
(2006, United Kingdom, $16.3M)
Skyven Technologies
(2013, United States, $1.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Malta (2018, United States)
$50.7M - Series B - Feb 2021
Sunamp (2006, United Kingdom)
$5.9M - Series A - Aug 2020

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Motorcycles
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$55.5M (▲15.9%)
10( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$379M
39
2
158
6
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Nuro)
(# Cos: 3266 | $49.0B)
Two Wheelers (Ola Electric)
(# Cos: 1387 | $2.1B)
Motorcycles (Zero Motorcycles)
(# Cos: 158 | $379M)
Zero Motorcycles
(2006, United States, $233M)
CAKE
(2016, Sweden, $14.0M)
Ubco Bikes
(2015, New Zealand, $5.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Revolt Motors (2014, India)
$20.1M - Series B - Apr 2021
Zero Motorcyc.. (2006, United States)
$10.4M - Series F - Oct 2020
Scorpio Electric (2017, Singapore)
$6.3M - Series A - Nov 2020
Zero Motorcyc.. (2006, United States)
$5.0M - Series F - Jan 2021
Ultraviolette (2014, India)
$4.1M - Series B - Sep 2020
ION Mobility (2019, Singapore)
$3.3M - Seed - Oct 2020
Ultraviolette (2014, India)
$2.7M - Series B - Oct 2020
View all 10 Funding Rounds on Tracxn Platform

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Pure Watercraft (2011, United States)
$37.5M - Series A - Dec 2020
X Shore (1997, Sweden)
$17.8M - Series A - Apr 2021
Electric Boats
48
56
Back to index
Electric Vehicles (Lime)
(# Cos: 6437 | $62.0B)
Automaker (Nuro)
(# Cos: 3266 | $49.0B)
Marine (X Shore)
(# Cos: 59 | $95.7M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$55.4M (▲295%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$95.7M
17
1
59
2
X Shore
(1997, Sweden, $25.1M)
Pure Watercraft
(2011, United States, $47.7M)
Ruban Bleu
(1992, France)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Span.IO (2014, United States)
$30.4M - Series B - Dec 2020
Kevala Analyt.. (2014, United States)
$12.9M - Series B - Mar 2021
David Energy (2016, United States)
$4.1M - Seed - Feb 2021
SwitchDin (2014, Australia)
$3.5M - Series A - Jun 2020
SHYFT Power S.. (2019, United States)
$3.1M - Seed - Apr 2021
AMMP Technologies (2017,
Netherlands)
$1.4M - Seed - Sep 2020
Smart Grid > Distributed Energy
Resources > DERs Management
49
57
Back to index
Smart Grid (Spark Power)
(# Cos: 1985 | $7.0B)
Distributed Energy Resources (Stem)
(# Cos: 211 | $1.8B)
DERs Management (Autogrid)
(# Cos: 67 | $681M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$55.3M (▲319%)
6( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$681M
38
-
67
4
Autogrid
(2011, United States, $75.0M)
Franklin Energy
(1994, United States)
Enbala
(2003, Canada, $50.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Volue (2020, Norway)
$54.0M - Series C - Oct 2020
Gilytics (2017, Switzerland)
$1.1M - Seed - Dec 2020
Enline (2017, Portugal)
$655 - Seed - Aug 2020
Reactive Tec.. (2010, United Kingdom)
Undisclosed - Series C - Dec 2020
Smart Grid > Grid Management >
Diversified
50
58
Back to index
Smart Grid (Stem)
(# Cos: 1985 | $7.0B)
Grid Management (Utilidata)
(# Cos: 336 | $904M)
Diversified (IQGeo)
(# Cos: 60 | $67.1M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$55.1M (▲728%)
4(▲300%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$67.1M
22
3
60
3
IQGeo
(2002, United Kingdom)
Envelio
(2017, Germany, $7.8M)
Gilytics
(2017, Switzerland, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

59. Energy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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61. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Energy Tech - Top Business Models Report
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