- Moxion Power, a Richmond-California-based integrated manufacturer of mobile energy storage systems, raised a $10m Series A funding
- The round was led by Energy Impact Partners (EIP) with participation from Tamarack Global and Liquid 2 Ventures
- The company also intends to use the funds to scale its manufacturing operations and launch its first rental location in the San Francisco Bay Area
- Moxion Power manufactures mobile energy storage technology and operates an all-electric equipment rental business, providing clean
- The technology and vertically integrated business model offer an alternative to fossil fuel-burning generators
- Then the company has signed letters-of-intent with large construction firms and EV fleet operators in the US and plans to open its first rental location in the San Francisco Bay Area in Q3 2022