Spear Power Systems Overview
- Year Founded
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2013
- Status
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Acquired/Merged
- Employees
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61
- Latest Deal Type
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M&A
- Latest Deal Amount
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$114M
Spear Power Systems General Information
Description
Developer of lithium-ion battery systems designed for demanding applications of aerospace, defense, industrial, and marine industries. The company develops lithium-ion cells, modules, and battery packs, and offers integrated power services for defense, oil and gas, mining, marine, renewable energy, communications, and medical customers, providing clients with efficient energy storage systems that are relatively compact and lightweight, making them easy to transport and install, to maximize value and reduce the time to deployment.
Contact Information
Website
www.spearpowersystems.comCorporate Office
- 4020 East 138th Street
- Grandview, MO 64030
- United States
Corporate Office
- 4020 East 138th Street
- Grandview, MO 64030
- United States
Spear Power Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 19-Nov-2021 | $114M | Completed | Generating Revenue | ||
| 5. Later Stage VC | 19-Nov-2020 | Completed | Generating Revenue | |||
| 4. Debt - PPP | 06-Apr-2020 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 03-Oct-2019 | Completed | Generating Revenue | |||
| 2. Later Stage VC | 07-Aug-2018 | $2M | $2.35M | Completed | Generating Revenue | |
| 1. Early Stage VC | 15-May-2015 | $350K | $350K | Completed | Generating Revenue |
Spear Power Systems Comparisons
Industry
Financing
Details
Spear Power Systems Competitors (22)
One of Spear Power Systems’s 22 competitors is Sungrow USA, a Corporation company based in Costa Mesa, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sungrow USA | Corporation | Costa Mesa, CA | ||||
| LG Energy Solution Vertech | Corporate Backed or Acquired | Westborough, MA | ||||
| Grand Teton Energy Systems | Venture Capital-Backed | Rexburg, ID | ||||
| LiiON | Corporate Backed or Acquired | East Dundee, IL | ||||
| Cymbet Corporation | Venture Capital-Backed | Plano, TX |
Spear Power Systems Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Spear Power Systems Patents
Spear Power Systems Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2023212592-A1 | Battery immersion cooling with controllable dielectric boiling point and thermal runway passive protection | Inactive | 26-Apr-2022 | ||
| WO-2023288042-A1 | Adaptable battery ventilation enclosure with integrated turbulence enhancing cover | Inactive | 16-Jul-2021 | ||
| CA-3220054-A1 | Switch and battery system | Pending | 24-May-2021 | ||
| WO-2022251158-A1 | Switch and battery system | Inactive | 24-May-2021 | ||
| WO-2022235868-A1 | Power filtration system | Inactive | 06-May-2021 | H02M7/06 |
Spear Power Systems Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Spear Power Systems Former Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| ABB Ventures | Corporate Venture Capital | Minority | ||
| Chevron Technology Ventures | Corporate Venture Capital | Minority | ||
| Curran Companies | Family Office | Minority | ||
| Demetree Investors | Family Office | Minority | ||
| Emerald Technology Ventures | Venture Capital | Minority |
Spear Power Systems FAQs
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When was Spear Power Systems founded?
Spear Power Systems was founded in 2013.
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Where is Spear Power Systems headquartered?
Spear Power Systems is headquartered in Grandview, MO.
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What is the size of Spear Power Systems?
Spear Power Systems has 61 total employees.
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What industry is Spear Power Systems in?
Spear Power Systems’s primary industry is Energy Storage.
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Is Spear Power Systems a private or public company?
Spear Power Systems is a Private company.
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What is the current valuation of Spear Power Systems?
The current valuation of Spear Power Systems is .
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What is Spear Power Systems’s current revenue?
The current revenue for Spear Power Systems is .
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How much funding has Spear Power Systems raised over time?
Spear Power Systems has raised $19.9M.
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Who are Spear Power Systems’s investors?
ABB Ventures, Chevron Technology Ventures, Curran Companies, Demetree Investors, and Emerald Technology Ventures are 5 of 11 investors who have invested in Spear Power Systems.
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Who are Spear Power Systems’s competitors?
Sungrow USA, LG Energy Solution Vertech, Grand Teton Energy Systems, LiiON, and Cymbet Corporation are some of the 22 competitors of Spear Power Systems.
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When was Spear Power Systems acquired?
Spear Power Systems was acquired on 19-Nov-2021.
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Who acquired Spear Power Systems?
Spear Power Systems was acquired by Sensata Technologies.
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