Moment Energy extracts EV battery modules, replaces automakers’ battery management systems with its own software, and packages diverse chemistries into modular, UL-certified grid storage solutions. The company emphasizes safety and modularity to improve insurability, uptime, and compatibility with future battery advances. Moment has supply agreements with Mercedes-Benz and Nissan and serves customers that include utilities, industrial firms, and data centers. It employs around 72 people and has raised over $100 million in total funding, including a recent $40 million Series B and a $20 million loan from the U.S. Department of Energy. Moment is building a gigawatt-scale factory in Austin, Texas to scale production and deployment.

Total raised

$63M

Funding rounds

4

Latest round

Series B

Latest activity

May 2026