PowerGenix Overview
- Year Founded
-
2003
- Status
-
Acquired/Merged
- Employees
-
40
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$65M
PowerGenix General Information
Description
Manufacturer of nickel-zinc rechargeable batteries intended for mission-critical applications. The company's products have applications in cordless power tools, hybrid electric vehicles, UPS systems, personal mobility devices, military and medical device applications and consumer batteries, thereby providing battery manufacturing operations with rechargeable batteries for sustainable purposes.
Contact Information
Website
www.powergenix.comCorporate Office
- 6727 Flanders Drive
- Suite 104
- San Diego, CA 92121
- United States
Corporate Office
- 6727 Flanders Drive
- Suite 104
- San Diego, CA 92121
- United States
PowerGenix Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 10-Nov-2016 | $65M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series C) | 30-Oct-2014 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series BB) | 17-Sep-2012 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series D) | 17-Sep-2008 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | 01-Dec-2006 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 11-Nov-2004 | $10M | $13.8M | Completed | Startup | |
| 1. Early Stage VC (Series A) | 03-May-2003 | $3.78M | $3.78M | Completed | Startup |
PowerGenix Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | ||||||||
| Series C | ||||||||
| Series B | 11,389,520 | $0.000010 | 8% | $0.88 | $0.88 | 1x | $0.88 | 16.27% |
| Series A | 8,069,721 | $0.000010 | 8% | $0.47 | $0.47 | 1x | $0.47 | 11.53% |
PowerGenix Patents
PowerGenix Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| JP-2016507871-A | Paste-type nickel hydroxide electrodes and additives for rechargeable alkaline batteries | Pending | 14-Jan-2013 | ||
| EP-2943991-A1 | Pasted nickel hydroxide electrode and additives for rechargeable alkaline batteries | Inactive | 14-Jan-2013 | ||
| EP-2943991-A4 | Pasted nickel hydroxide electrode and additives for rechargeable alkaline batteries | Inactive | 14-Jan-2013 | ||
| WO-2014110164-A1 | Pasted nickel hydroxide electrode and additives for rechargeable alkaline batteries | Inactive | 14-Jan-2013 | ||
| JP-2016508361-A | Control of battery state of charge in systems with independent power supplies | Active | 20-Dec-2012 | B60W10/26 |
PowerGenix Signals
PowerGenix Former Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Advent International | PE/Buyout | Minority | ||
| Angeleno Group | Growth/Expansion | Minority | ||
| Arsenal Growth | Growth/Expansion | Minority | ||
| Bessemer Venture Partners | Venture Capital | Minority | ||
| Birchmere Ventures | Venture Capital | Minority |
PowerGenix FAQs
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When was PowerGenix founded?
PowerGenix was founded in 2003.
-
Where is PowerGenix headquartered?
PowerGenix is headquartered in San Diego, CA.
-
What is the size of PowerGenix?
PowerGenix has 40 total employees.
-
What industry is PowerGenix in?
PowerGenix’s primary industry is Electrical Equipment.
-
Is PowerGenix a private or public company?
PowerGenix is a Private company.
-
What is the current valuation of PowerGenix?
The current valuation of PowerGenix is .
-
What is PowerGenix’s current revenue?
The current revenue for PowerGenix is .
-
How much funding has PowerGenix raised over time?
PowerGenix has raised $88.4M.
-
Who are PowerGenix’s investors?
Advent International, Angeleno Group, Arsenal Growth, Bessemer Venture Partners, and Birchmere Ventures are 5 of 12 investors who have invested in PowerGenix.
-
When was PowerGenix acquired?
PowerGenix was acquired on 10-Nov-2016.
-
Who acquired PowerGenix?
PowerGenix was acquired by ZincFive.
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