Modular Energy Overview

  • Founded
  • 2002
Founded
  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • M&A

Modular Energy General Information

Description

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
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Energy Storage
Acquirer
Primary 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 Completed Generating Revenue
2. Convertible Debt 01-Jan-2005 Completed Generating Revenue
1. Convertible Debt 01-May-2002 Completed Generating Revenue
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Modular Energy Executive Team (5)

Name Title Board Seat Contact Info
Mark Dingley President & Chief Executive Officer
Farshid Bakhtyari Co-Founder & Vice President, Engineering
Kuzhikalail Abraham Ph.D Co-Founder
Deshpande Sanjay Vice President & General Manager
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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 »