PowerUp Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 50

Employees

  • Latest Deal Type
  • M&A

PowerUp General Information

Description

Developer of a battery analytics software designed to limit the economic and ecological cost of batteries. The company's products help to diagnose the state of health of batteries and dynamic charge to preserve the lifetime of batteries by processing and interpreting their operational data, enabling clients to identify asset risks and RoI opportunities.

Contact Information

Website
www.powerup-technology.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1 Rue de Westhouse
  • 67230 Benfeld
  • France
Primary Industry
Business/Productivity Software
Other Industries
Environmental Services (B2B)
Automation/Workflow Software
Parent Company
Socomec Innovative Power Solutions
Vertical(s)
Advanced Manufacturing, CleanTech, Big Data, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • 1 Rue de Westhouse
  • 67230 Benfeld
  • France

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PowerUp Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Merger/Acquisition 08-Apr-2025 Completed Generating Revenue
9. Later Stage VC 03-Jul-2023 Completed Generating Revenue
8. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
7. Early Stage VC 26-Nov-2020 Completed Generating Revenue
6. Accelerator/Incubator 01-Jan-2020 Completed Generating Revenue
5. Early Stage VC 25-Mar-2019 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2017 Completed Startup
3. Accelerator/Incubator Completed Startup
2. Accelerator/Incubator Completed Startup
1. Spin-Off 01-Apr-2017 Completed Startup
To view PowerUp’s complete valuation and funding history, request access »

PowerUp Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
B Shares
A-Shares
To view PowerUp’s complete cap table history, request access »

PowerUp Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a battery analytics software designed to limit the economic and ecological cost of batteries. The company's
Business/Productivity Software
Benfeld, France
50 As of 2025

Aachen, Germany
 

Munich, Germany
 
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PowerUp Competitors (2)

One of PowerUp’s 2 competitors is Accure Battery Intelligence, a Venture Capital-Backed company based in Aachen, Germany.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Accure Battery Intelligence Venture Capital-Backed Aachen, Germany
TWAICE Venture Capital-Backed Munich, Germany
You’re viewing 2 of 2 competitors. Get the full list »

PowerUp Patents

  • 22

    Total Documents Applications and Grants

  • Total Patents Families

  • 10

    Granted

  • 7

    Pending

  • Expiring in next 12 mo

PowerUp Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
FR-3137457-A1 Method for detecting a risk of failure due to imbalance of an energy storage device comprising a set of stages of electrochemical cells Active 04-Jul-2022
FR-3137457-B1 Method for detecting a risk of failure due to imbalance of an energy storage device comprising a set of stages of electrochemical cells Active 04-Jul-2022
EP-4551957-A1 Method for detecting a risk of malfunction through imbalance of a device for storing energy comprising a set of levels of electrochemical cells Pending 04-Jul-2022
WO-2024008715-A1 Method for detecting a risk of malfunction through imbalance of a device for storing energy comprising a set of levels of electrochemical cells Inactive 04-Jul-2022
FR-3136114-A1 Method for detecting a risk of failure due to imbalance of an energy storage device comprising a set of stages of electrochemical cells Pending 25-May-2022 H02J7/60
To view PowerUp’s complete patent history, request access »

PowerUp Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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PowerUp Former Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Business France(Education and Training Services) Accelerator/Incubator
CEA-Liten Corporation
EDF Pulse Ventures Corporate Venture Capital Minority
Electricite de France Corporation Minority
Angel (individual) Minority
You’re viewing 5 of 10 investors. Get the full list »

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PowerUp FAQs

  • When was PowerUp founded?

    PowerUp was founded in 2017.

  • Where is PowerUp headquartered?

    PowerUp is headquartered in Benfeld, France.

  • What is the size of PowerUp?

    PowerUp has 50 total employees.

  • What industry is PowerUp in?

    PowerUp’s primary industry is Business/Productivity Software.

  • Is PowerUp a private or public company?

    PowerUp is a Private company.

  • What is PowerUp’s current revenue?

    The current revenue for PowerUp is .

  • How much funding has PowerUp raised over time?

    PowerUp has raised $10.3M.

  • Who are PowerUp’s investors?

    Business France(Education and Training Services), CEA-Liten, EDF Pulse Ventures, Electricite de France, and are 5 of 10 investors who have invested in PowerUp.

  • Who are PowerUp’s competitors?

    Accure Battery Intelligence and TWAICE are competitors of PowerUp.

  • When was PowerUp acquired?

    PowerUp was acquired on 08-Apr-2025.

  • Who acquired PowerUp?

    PowerUp was acquired by Socomec Innovative Power Solutions.

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