Modular Energy Overview

  • Year Founded
  • 2002

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $5.3M

Modular Energy General Information


Developer, manufacturer and distributor of Lithium-ion batteries and battery management devices designed to reduce overall material consumption. The company's proprietary technology for batteries and battery management devices enable the development of batteries with unprecedented levels of safety, reliability, and cost-effectiveness, and has led to surge in the demand for improved operational life and high-energy rechargeable of telecommunications, renewable energy, defense, and transportation markets.

Contact Information

Ownership Status
Financing Status
Formerly VC-backed
Primary Industry
Electrical Equipment
Corporate Office
  • 271 Post Road
  • Westerly, RI 02891
  • United States

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Modular Energy Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 22-Feb-2006 $5.3M 00.00 Completed Generating Revenue
2. Convertible Debt 01-Jan-2005 Completed Generating Revenue
1. Convertible Debt 01-May-2002 Completed Generating Revenue
To view Modular Energy’s complete valuation and funding history, request access »

Modular Energy Patents

Modular Energy Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-2475710-C Systems and methods for constructing a battery Inactive 11-Feb-2002 00000000000
CA-2475710-A1 Systems and methods for constructing a battery Active 11-Feb-2002 00000000000
AU-2003212952-A1 Systems and methods for connecting battery cells background Inactive 11-Feb-2002 00000000000
AU-2003212952-A8 Systems and methods for connecting battery cells background Inactive 11-Feb-2002 H01M10/4207

Modular Energy Executive Team (5)

Name Title Board Seat Contact Info
Mark Dingley President & Chief Executive Officer
Deshpande Sanjay Vice President
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Modular Energy Former Investors (1)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Slater Technology Fund Venture Capital Minority 000 0000 000000 0
To view Modular Energy’s complete investors history, request access »

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