AlumaPower Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
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60
- Latest Deal Type
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2ndary - Private
- Investors
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17
AlumaPower General Information
Description
Developer of a portable power generator designed to turn recycled aluminum into a long-duration, zero-emission energy source. The company's generator utilizes a patented process to extract energy from recycled aluminum to target business-to-business partners seeking extended-duration power, enabling clients to use home backup power to electric vehicle range extenders for fast mechanical recharging.
Contact Information
Website
www.alumapower.comCorporate Office
- 235 Henry Drive
- Sarnia, Ontario N7T 7H5
- Canada
Corporate Office
- 235 Henry Drive
- Sarnia, Ontario N7T 7H5
- Canada
AlumaPower Timeline
AlumaPower Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 14. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 13. Accelerator/Incubator | 01-Jan-2025 | Completed | Generating Revenue | |||
| 12. Accelerator/Incubator | 01-Jan-2025 | Completed | Generating Revenue | |||
| 11. Accelerator/Incubator | 01-Jan-2025 | Completed | Generating Revenue | |||
| 10. Later Stage VC (Series A) | 15-May-2024 | Completed | Generating Revenue | |||
| 9. Accelerator/Incubator | 01-Jan-2024 | Completed | Generating Revenue | |||
| 8. Grant | 01-Jan-2024 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | Completed | Generating Revenue | ||||
| 6. Accelerator/Incubator | $8.31M | Completed | Generating Revenue | |||
| 5. Seed Round | 31-Mar-2022 | $5.1M | $8.31M | Completed | Generating Revenue |
VC Exit Predictor
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AlumaPower Comparisons
Industry
Financing
Details
AlumaPower Competitors (1)
One of AlumaPower’s competitors is Phinergy, a Formerly VC-backed company based in Lod, Israel.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Phinergy | Formerly VC-backed | Lod, Israel |
AlumaPower Patents
AlumaPower Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2026172254-A1 | Mixing chamber for metal air battery | Pending | 11-Feb-2025 | ||
| WO-2026107575-A1 | Electrochemical cell with elongated-grain anode and controlled anode movement for homogeneous mass loss | Pending | 22-Nov-2024 | ||
| WO-2025238584-A1 | Combined cycle system for aluminum energy extraction and method for the manufacturing and processing of impure aluminum energy carriers | Pending | 14-May-2024 | ||
| WO-2025238582-A1 | System and method for the use of impure aluminum as a renewable energy carrier | Pending | 14-May-2024 | ||
| EP-4813011-A1 | Metal air battery rolling contact connector galvanic cell disc drive | Pending | 24-Nov-2023 | H01M12/06 |
AlumaPower Signals
AlumaPower Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Free Electrons | Accelerator/Incubator | |||
| MaRS Discovery District | Other | |||
| Net Zero Accelerator | Accelerator/Incubator | |||
| Bioindustrial Innovation Canada | Not-For-Profit Venture Capital | Minority | ||
| E8 (Seattle) | Angel Group | Minority |
AlumaPower FAQs
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When was AlumaPower founded?
AlumaPower was founded in 2017.
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Where is AlumaPower headquartered?
AlumaPower is headquartered in Sarnia, Canada.
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What is the size of AlumaPower?
AlumaPower has 60 total employees.
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What industry is AlumaPower in?
AlumaPower’s primary industry is Electrical Equipment.
-
Is AlumaPower a private or public company?
AlumaPower is a Private company.
-
What is AlumaPower’s current revenue?
The current revenue for AlumaPower is .
-
How much funding has AlumaPower raised over time?
AlumaPower has raised $18.3M.
-
Who are AlumaPower’s investors?
Free Electrons, MaRS Discovery District, Net Zero Accelerator, Bioindustrial Innovation Canada, and E8 (Seattle) are 5 of 17 investors who have invested in AlumaPower.
-
Who are AlumaPower’s competitors?
Phinergy is a competitor of AlumaPower.
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