Moixa is a London-based smart battery company that develops the GridShare platform to manage and optimize home energy storage systems. GridShare can aggregate multiple distributed batteries to create virtual power plants and provide grid services. The company has installed nearly 1,000 smart battery systems in the UK and holds patents in the UK, US and Australia on distributed smart battery systems and aggregation technology. GridShare is delivering services across the UK under contracts supported by major utilities, network operators and public bodies including the European Regional Development Fund, the Department for Business Energy and Industrial Strategy, the Department for Energy and Climate Change and Innovate UK. In January 2018 Moixa received a £5M investment from Itochu Corporation tied to a partnership to market GridShare in the Japanese battery market. The company intends to use the funds to accelerate its international growth. Moixa Energy Holdings is a UK-based company that develops residential battery systems. The company focuses on residential energy storage for homes. Tokyo Electric Power Company Holdings (TEPCO) made a $500,000 equity investment in Moixa, as reported. The article does not disclose revenue, user metrics, founding year, or detailed future plans for the company. No other financing participants or previous rounds are mentioned in the article.

Total raised

$8M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2018