Tracxn's proprietary #taxonomy brings to you top #BusinessModels in Energy Tech rebrand.ly/lozx42t Get our free reports on #PracticeArea or #sector of your interest to your mailbox regularly https://rb.gy/cx2upn

1. TRACXN TOP BUSINESS MODELS REPORT
November 18, 2021
ENERGY TECH

2. Energy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Contents
Energy Tech Funding - Overview 3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Energy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Funding in last 1 year
3
Electric Vehicles $15.1B
Energy Storage Tech $8.7B
Renewable Energy Tech $1.9B
Energy Efficiency Tech $1.8B
Smart Grid $1.4B
Oil & Gas Tech $829M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Y Combinator
LetsVenture
Venture Catalysts
9
5
5
Early
Stage
Breakthrough Energy
Google
BDC
6
4
4
Late
Stage
Fidelity Investments
T. Rowe Price
Coatue
9
6
5
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
United States (53%)
Sweden (14%)
China (9%)
Germany (6%)
United Kingdom (4%)
Canada (2%)
India (2%)
Others (11%)
$ Funding # Rounds
Northvolt
(2015, Sweden)
$2.8B -
Unattributed
Rivian
(2009, United States)
$2.6B - Series E
Rivian
(2009, United States)
$2.5B - Series E
View
(2007, United States)
$700M - Series H
Leap Motor
(2015, China)
$694M - Series C
Leap Motor
(2015, China)
$664M - Series B
Nuro
(2016, United States)
$600M - Series D
Sila Nanotechnologies
(2011, United States)
$600M - Series F
Polestar
(1996, Sweden)
$550M -
Unattributed
Helion
(2013, United States)
$500M - Series E
IONITY
(2017, Germany)
$500M - Series B
Lime
(2017, United States)
$418M - Series D

4. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1<> 0 Electric Pickup Truck Manufacturers $5.2B 3 Rivian | $2.6B | Series E Link
2▲2 Lithium Ion Batteries $2.8B 32 Northvolt | $2.8B | Unattributed Link
3▼1 Electric Car Manufacturers $2.6B 17 Leap Motor | $694M | Series C Link
4▲1 Free Float Electric Kick Scooter Rentals $865M 12 Lime | $418M | Series D Link
5▲44 Smart Glass Windows $701M 4 View | $700M | Series H Link
6▼3 eVTOL Manufacturers $694M 6 BETA | $368M | Series D Link
7▲2 Electric Vehicle Charging Network Operators $630M 24 IONITY | $500M | Series B Link
8▼1
Autonomous Electric Delivery Vehicle
Manufacturers
$602M 3 Nuro | $600M | Series D Link
9▲8 Magnetic Nuclear Fusion Reactors $500M 3 Helion | $500M | Series E Link
10--
Hydrogen Powered Electric Commercial Vehicle
Manufacturers
$400M 1 Hyzon Motors | $400M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11▼5 Solid State Lithium Ion Batteries $382M 9 ProLogium | $326M | Series E Link
12▲64 Electric Vehicle Li-Ion Battery $343M 13 SES | $139M | Series D Link
13▼2 Fuel Station Management Software $323M 3 Newlink Group | $200M | Series D Link
14▲162 EV Battery Swapping Station Networks $292M 14 Aulton New En.. | $232M | Series B Link
15-- Hydrogen Boron Nuclear Reactors $280M 1 TAE Technolog.. | $280M | Series F Link
16▲9 Electric Scooter Manufacturers $274M 9 Ola Electric | $200M | Series B Link
17▲43 Alkaline Electrolyzers $229M 2 GreenHydrogen | $229M | Series C Link
18▼8 Microgrid Operators $223M 5 Verdant Micro.. | $150M | Series D Link
19▲16
Distributed Energy Resources Management
Software
$184M 8 Autogrid | $85.0M | Series D Link
20-- Internet First Solar Energy Projects Financing $176M 2 Brighte | $100M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21▼3 Commercial Building Energy Management System $157M 18 Measurabl | $50.0M | Series C Link
22▼3 Oil and Gas Analytics Software $152M 3 Cognite | $150M | Series B Link
23▲8 Electric Motorcycle Manufacturers $133M 12 CAKE | $60.0M | Series B Link
24▲30 Solid State Electric Vehicle Battery $130M 2 Solid Power | $130M | Series B Link
25▲103 Commercial Lithium Ion Energy Storage Systems $128M 8 Fluence | $125M | Series D Link
26▲25 Oilfield Waste Gas to Computing Power $128M 1 Crusoe Energy | $128M | Series B Link
27-- Brands Sponsored Electric Vehicle Charging Network $125M 1 Volta | $125M | Series D Link
28▲41 Residential Lithium Ion Energy Storage Systems $123M 3 Ecoflow | $100M | Series B Link
29▲54 E-Car Ride Hailing Platforms $122M 3 Hype | $96.6M | Series C Link
30▲3 Hydrogen Refueling Station Networks $117M 2 FirstElement .. | $105M | Series D Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31▲17 Electric Four Wheeler Plug In Chargers $110M 14 EV Power | $54.7M | Series D Link
32▲65 Autonomous Electric Truck Manufacturers $110M 1 Einride | $110M | Series B Link
33▲9 Electric Two Wheeler Battery Swapping $105M 4 Oyika | $100M | Series C Link
34<> 0 Liquid Air Energy Storage Systems $98.1M 3 Highview Power | $70.0M | Series C Link
35▼3 Ultracapacitors $95.4M 5 Skeleton Tech | $61.0M | Series D Link
36▲80 Electric Aircraft Manufacturers $94.9M 5 Skydweller | $40.0M | Series A Link
37-- EV Power Systems $83.8M 3 Forsee Power | $78.8M | Series C Link
38▲21 Photo-Electrochemical Hydrogen Generators $83.2M 2 Heliogen | $83.0M | Series A Link
39▲8 Advanced Battery Anode Materials $80.2M 7 Sila Nanotech.. | $600M | Series F Link
40▲65
Electric Vehicle Charging Station Management
Software
$80.1M 16 Virta | $36.0M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▼14 Station Based Electric Bike Rentals $80.0M 4 Tembici | $80.0M | Series C Link
42▼4 Hydrogen Generation and Storage Systems $74.7M 4 Hydrogenious.. | $59.0M | Series B Link
43▲1 Autonomous Electric Shuttle Manufacturers $71.1M 5 EasyMile | $66.0M | Series B Link
44▼8 Electric Four Wheeler Plug In Portable Chargers $69.8M 3 FreeWire Tec.. | $50.0M | Series C Link
45▲70 Pumped Heat Energy Storage Systems $64.7M 4 Malta | $50.7M | Series B Link
46▲17 Electric Truck Manufacturers $63.7M 6 Einride | $110M | Series B Link
47▲28 Smart Thermostat $62.5M 2 tado° | $46.2M | Series D Link
48▲127 Station Based Electric Scooter Rentals $61.3M 3 GO Sharing | $60.1M | Series C Link
49▼33 Station Based Electric Kick Scooter Rentals $61.2M 3 Superpedestr.. | $60.0M | Series D Link
50-- Semi Solid Lithium Ion Batteries $56.8M 1 24m Technolo.. | $56.8M | Series E Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Pickup Truck Manufacturers
01
9
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$5.2B (▲36.1%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$10.5B
5
2
7
1
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Nuro)
(# Cos: 3666 | $53.9B)
Off Highway Vehicles (Monarch)
(# Cos: 45 | $10.6B)
Pickup Trucks (Rivian)
(# Cos: 7 | $10.5B)
Rivian
(2009, United States, $10.5B)
Lordstown Motors
(2019, United States)
Bollinger Motors
(2014, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Rivian (2009, United States)
$2.6B - Series E - Jan 2021
Rivian (2009, United States)
$2.5B - Series E - Jul 2021
Hercules (2018, United States)
$20.0M - Series A - Mar 2021

10. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Lithium Ion Batteries
02
10
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.8B (▲302%)
32(▲28%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
32
$9.8B
175
21
734
26
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Battery (Stem)
(# Cos: 1164 | $12.6B)
Secondary Battery (Cygni Energy)
(# Cos: 779 | $10.4B)
Lithium Ion (QuantumScape)
(# Cos: 734 | $9.8B)
QuantumScape
(2010, United States, $1.0B)
Cygni Energy
(2014, India, $9.4M)
Northvolt
(2015, Sweden, $4.4B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Northvolt (2015, Sweden)
$2.8B - Unattributed - Jun 2021
ProLogium (2006, Taiwan)
$326M - Series E - Oct 2021
SES (2012, United States)
$139M - Series D - Apr 2021
Solid Power (2011, United States)
$130M - Series B - May 2021
SES (2012, United States)
$100M - Series D - Jul 2021
Enevate (2006, United States)
$81.0M - Series E - Feb 2021
Sakuu (2016, United States)
$62.0M - Series C - Oct 2021
View all 32 Funding Rounds on Tracxn Platform

11. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Leap Motor (2015, China)
$694M - Series C - Aug 2021
Leap Motor (2015, China)
$664M - Series B - Jan 2021
Polestar (1996, Sweden)
$550M - Unattributed - Apr 2021
WM Motor (2015, China)
$300M - Series D - Oct 2021
Lucid (2007, United States)
$200M - Series D - Apr 2021
Lightyear (2016, Netherlands)
$110M - Series B - Mar 2021
Rimac Automobili (2009, Croatia)
$83.4M - Series C - Mar 2021
View all 17 Funding Rounds on Tracxn Platform
Electric Car Manufacturers
03
11
Back to index
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Nuro)
(# Cos: 3666 | $53.9B)
Cars (Tesla)
(# Cos: 280 | $31.7B)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$2.6B (▼30.5%)
17(▲41.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$31.7B
82
8
280
27
Tesla
(2003, United States, $404M)
Rimac Automobili
(2009, Croatia, $219M)
Xiaopeng
(2014, China, $2.6B)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

12. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Free Float Electric Kick Scooter Rentals
04
12
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$865M (▲37.3%)
12(▲9.1%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$3.7B
33
-
144
9
Electric Vehicles (ChargePoint)
(# Cos: 7719 | $70.8B)
Vehicle as a Service (Dott)
(# Cos: 977 | $7.9B)
Kick Scooters (Bird)
(# Cos: 284 | $4.0B)
Free Float (Lime)
(# Cos: 144 | $3.7B)
Lime
(2017, United States, $1.5B)
Bird
(2017, United States, $766M)
Dott
(2018, Netherlands, $142M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Lime (2017, United States)
$418M - Series D - Nov 2021
TIER (2018, Germany)
$200M - Series D - Oct 2021
Voi (2018, Sweden)
$107M - Series C - Dec 2020
Dott (2018, Netherlands)
$85.0M - Series B - Apr 2021
Voi (2018, Sweden)
$45.0M - Series C - Aug 2021
Reby (2018, Spain)
$5.0M - Series A - Nov 2021
ZEUS (2019, Germany)
$2.4M - Angel - Jan 2021
View all 12 Funding Rounds on Tracxn Platform

13. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Smart Glass Windows
05
13
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$701M (▲2197%)
4(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$3.8B
11
2
14
4
Energy Efficiency Tech (SmartRent)
(# Cos: 5908 | $16.5B)
Lighting Products (Nanoleaf)
(# Cos: 1449 | $7.3B)
Daylighting (Kinestral Technologies)
(# Cos: 25 | $3.8B)
Smart Glasses (View)
(# Cos: 14 | $3.8B)
View
(2007, United States, $3.5B)
Kinestral Technologies
(2010, United States, $259M)
Heliotrope
(2012, United States, $1.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
View (2007, United States)
$700M - Series H - Jan 2021
Andluca Techn.. (2017, United States)
$400K - Seed - Sep 2021
Andluca Techn.. (2017, United States)
$100K - Seed - Mar 2021
Ambilight (2017, United States)
Undisclosed - Series B - Mar 2021

14. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
eVTOL Manufacturers
06
14
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$694M (▼26.3%)
6(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$2.1B
32
2
38
6
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Nuro)
(# Cos: 3666 | $53.9B)
Aerial (Joby Aviation)
(# Cos: 124 | $2.4B)
Vertical Take-Off And Landing
(Volocopter)
(# Cos: 38 | $2.1B)
Volocopter
(2011, Germany, $388M)
Joby Aviation
(2009, United States, $820M)
Lilium
(2015, Germany, $375M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
BETA (2017, United States)
$368M - Series D - Mar 2021
Volocopter (2011, Germany)
$241M - Series D - Mar 2021
Joby Aviation (2009, United States)
$75.0M - Series C - Dec 2020
UrbanAero (2002, Israel)
$10.0M - Series A - Sep 2021
Advanced Airc.. (2015, United States)
Undisclosed - Series A - Apr 2021
BETA (2017, United States)
Undisclosed - Series D - May 2021

15. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Vehicle Charging Network
Operators
07
15
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$630M (▲70.2%)
24(▲118%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
18
$1.9B
97
1
387
12
Energy Storage Tech (QuantumScape)
(# Cos: 3989 | $27.5B)
Charging (POD Point)
(# Cos: 1688 | $4.4B)
Station Network (IONITY)
(# Cos: 725 | $2.5B)
Charging (InstaVolt)
(# Cos: 590 | $1.9B)
Operators (Volta)
(# Cos: 402 | $1.9B)
Electric Vehicle (ChargePoint)
(# Cos: 387 | $1.9B)
ChargePoint
(2007, United States, $657M)
Volta
(2010, United States, $216M)
InstaVolt
(2016, United Kingdom, $62.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
IONITY (2017, Germany)
$500M - Series B - Oct 2021
Volta (2010, United States)
$125M - Series D - Jan 2021
Zest (2021, United Kingdom)
$40.8M - Series C - Oct 2021
Wirelane (2017, Germany)
$21.2M - Series B - Aug 2021
Electra (2021, France)
$17.9M - Seed - Jun 2021
EasyGo.ie (2018, Ireland)
$17.4M - Series B - Oct 2021
InstaVolt (2016, United Kingdom)
$13.5M - Series B - Jan 2021
View all 24 Funding Rounds on Tracxn Platform

16. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Electric Delivery Vehicle
Manufacturers
08
16
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$602M (▲20.4%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.1B
4
-
6
1
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Tesla)
(# Cos: 3666 | $53.9B)
Commercial Vehicles (Proterra)
(# Cos: 564 | $5.5B)
Autonomous Vehicles for
Logistics (Nuro)
(# Cos: 6 | $2.1B)
Nuro
(2016, United States, $2.1B)
Ducktrain
(2018, Germany, $1.8M)
Academy of Robotics
(2016, United Kingdom, $376K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nuro (2016, United States)
$600M - Series D - Nov 2021
Ducktrain (2018, Germany)
$1.8M - Seed - Jan 2021
Nuro (2016, United States)
Undisclosed - Series C - Mar 2021

17. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Magnetic Nuclear Fusion Reactors
09
17
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$500M (▲374%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.3B
6
-
8
6
Nuclear Fusion (Helion)
(# Cos: 14 | $2.3B)
Reactors (TAE Technologies)
(# Cos: 13 | $2.3B)
Magnetic (General Fusion)
(# Cos: 10 | $2.3B)
Hydrogen (CFS)
(# Cos: 8 | $1.3B)
CFS
(2018, United States, $264M)
General Fusion
(2002, Canada, $282M)
Helion
(2013, United States, $552M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Helion (2013, United States)
$500M - Series E - Nov 2021
First Light .. (2011, United Kingdom)
$25.0M - Series B - Dec 2020
General Fusion (2002, Canada)
Undisclosed - Series E - Jan 2021

18. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Hydrogen Powered Electric Commercial
Vehicle Manufacturers
10
18
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$400M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$400M
1
-
2
0
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Tesla)
(# Cos: 3666 | $53.9B)
Commercial Vehicles (Nuro)
(# Cos: 564 | $5.5B)
Multi Category Commercial Vehicles
(Proterra)
(# Cos: 52 | $1.5B)
Hydrogen Powered (Hyzon Motors)
(# Cos: 2 | $400M)
Hyzon Motors
(2019, United States, $400M)
Holthausen Clean Techn..
(2011, Netherlands)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hyzon Motors (2019, United States)
$400M - Series A - Feb 2021

19. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Solid State Lithium Ion Batteries
11
19
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$382M (▼36.6%)
9(▲12.5%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$2.1B
25
1
35
7
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Battery (Stem)
(# Cos: 1164 | $12.6B)
Secondary Battery (Northvolt)
(# Cos: 779 | $10.4B)
Lithium Ion (Cygni Energy)
(# Cos: 734 | $9.8B)
Solid (QuantumScape)
(# Cos: 35 | $2.1B)
QuantumScape
(2010, United States, $1.0B)
Factorial Energy
(2021, United States, $52.2M)
BrightVolt
(1998, United States, $115M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ProLogium (2006, Taiwan)
$326M - Series E - Oct 2021
Sakuu (2016, United States)
$62.0M - Series C - Oct 2021
Factorial Ene.. (2021, United States)
$17.2M - Series B - Feb 2021
BrightVolt (1998, United States)
$16.0M - Series E - Oct 2021
KeraCel (2017, United States)
$14.0M - Series A - Jan 2021
Prieto Battery (2009, United States)
$5.7M - Series C - Aug 2021
Blue Horizon .. (2013, United States)
$2.9M - Seed - Jul 2021
View all 9 Funding Rounds on Tracxn Platform

20. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Vehicle Li-Ion Battery
12
20
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$343M (▲2294%)
13(▲225%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
6
$1.1B
34
7
98
11
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Components (KPIT Technologies)
(# Cos: 610 | $5.0B)
Batteries (QuantumScape)
(# Cos: 231 | $3.5B)
Multi Category Vehicles (StoreDot)
(# Cos: 114 | $1.1B)
Lithium Ion (Cygni Energy)
(# Cos: 98 | $1.1B)
Cygni Energy
(2014, India, $9.4M)
StoreDot
(2012, Israel, $146M)
Log9materials
(2014, India, $18.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SES (2012, United States)
$139M - Series D - Apr 2021
Solid Power (2011, United States)
$130M - Series B - May 2021
SES (2012, United States)
$100M - Series D - Jul 2021
Enevate (2006, United States)
$81.0M - Series E - Feb 2021
Forsee Power (2011, France)
$78.8M - Series C - Feb 2021
3ME Technology (2004, Australia)
$15.0M - Series B - Oct 2021
Log9materials (2014, India)
$9.8M - Series A - Jul 2021
View all 13 Funding Rounds on Tracxn Platform

21. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Newlink Group (2016, China)
$200M - Series D - Mar 2021
Newlink Group (2016, China)
$100M - Series D - Jan 2021
Wisdom Youke Network .. (2016, China)
$23.3M - Series C - Sep 2021
Fuel Station Management Software
13
21
Back to index
Oil & Gas Tech (Nabors)
(# Cos: 1673 | $6.0B)
Downstream (Kalibrate)
(# Cos: 420 | $997M)
Fuel Station Management (PDI Software)
(# Cos: 138 | $712M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$323M (▲33.8%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
11
$712M
20
-
138
3
PDI Software
(1983, United States)
Titan Cloud Software
(1999, United States)
Gas Pos
(2015, United States, $1.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
EV Battery Swapping Station Networks
14
22
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$292M (▲ >10K%)
14(▲75%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$508M
17
1
42
5
Energy Storage Tech (QuantumScape)
(# Cos: 3989 | $27.5B)
Charging (Volta)
(# Cos: 1688 | $4.4B)
Station Network (ChargePoint)
(# Cos: 725 | $2.5B)
Battery Swapping (Battery Smart)
(# Cos: 42 | $508M)
Electric Vehicle (SUN Mobility)
(# Cos: 42 | $508M)
SUN Mobility
(2017, India, $50.0M)
Battery Smart
(2020, India, $8.4M)
Ampersand
(2014, Germany, $4.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Aulton New Energy (2000, China)
$232M - Series B - Sep 2021
Oyika (2018, Singapore)
$100M - Series C - Apr 2021
SUN Mobility (2017, India)
$50.0M - Series A - Oct 2021
Battery Smart (2020, India)
$7.0M - Seed - Nov 2021
Ampersand (2014, Germany)
$3.5M - Series A - Apr 2021
Ampersand (2014, Germany)
$1.2M - Series A - Jun 2021
Battery Smart (2020, India)
$1.0M - Seed - Feb 2021
View all 14 Funding Rounds on Tracxn Platform

23. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Hydrogen Boron Nuclear Reactors
15
23
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$280M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$967M
2
-
2
1
Nuclear Fusion (Helion)
(# Cos: 14 | $2.3B)
Reactors (General Fusion)
(# Cos: 13 | $2.3B)
Magnetic (CFS)
(# Cos: 10 | $2.3B)
Hydrogen Boron (TAE
Technologies)
(# Cos: 2 | $967M)
TAE Technologies
(1998, United States, $961M)
Lawrenceville Plasma P..
(1974, United States, $6.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
TAE Technolog.. (1998, United States)
$280M - Series F - Apr 2021

24. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Scooter Manufacturers
16
24
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$274M (▲329%)
9(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.5B
53
3
308
12
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Nuro)
(# Cos: 3666 | $53.9B)
Two Wheelers (Ola Electric)
(# Cos: 701 | $2.0B)
Scooters (Ather Energy)
(# Cos: 308 | $1.5B)
Ather Energy
(2013, India, $158M)
Ola Electric
(2017, India, $526M)
Gogoro
(2011, Taiwan, $480M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ola Electric (2017, India)
$200M - Series B - Sep 2021
Hero Electric (2007, India)
$29.5M - Series B - Jul 2021
Unu (2013, Germany)
$21.5M - Series B - Jun 2021
RED Electric (2015, France)
$12.1M - Series B - Jan 2021
Simple Energy (2019, India)
$7.7M - Seed - Aug 2021
kWh Bikes (2020, India)
$2.0M - Seed - Jul 2021
Simple Energy (2019, India)
$685K - Angel - May 2021
View all 9 Funding Rounds on Tracxn Platform

25. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Alkaline Electrolyzers
17
25
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$229M (▲852%)
2(▼33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$264M
6
1
6
0
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Hydrogen Refueling (Hydrogenious LOHC
Technologies)
(# Cos: 171 | $986M)
Hydrogen Generation (BayoTech)
(# Cos: 94 | $580M)
Electrolysis (ERGOSUP)
(# Cos: 18 | $321M)
Alkaline (GreenHydrogen)
(# Cos: 6 | $264M)
GreenHydrogen
(2007, Denmark, $259M)
Clean Power Hydrogen
(2016, United Kingdom, $3.6M)
Hymeth
(2016, Denmark, $891K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
GreenHydrogen (2007, Denmark)
$229M - Series C - Mar 2021
Next Hydrogen (2007, Canada)
Undisclosed - Seed - Dec 2020

26. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Microgrid Operators
18
26
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$223M (▼26%)
5(▲25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$729M
26
1
51
6
Smart Grid (Stem)
(# Cos: 2177 | $9.4B)
Distributed Energy Resources (Autogrid)
(# Cos: 244 | $2.3B)
Microgrid (Spark Power)
(# Cos: 126 | $823M)
Operators (Bboxx)
(# Cos: 51 | $729M)
Bboxx
(2005, United Kingdom, $50.0M)
Husk Power Systems
(2008, India, $31.0M)
Mobisol
(2010, Germany, $26.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Verdant Micro.. (2019, United States)
$150M - Series D - Jun 2021
VoltaGrid (2020, United States)
$72.6M - Series C - Jan 2021
ME SOLshare (2015, Bangladesh)
$363K - Series A - Dec 2020
Peak Power (2015, United States)
Undisclosed - Seed - Jan 2021
SolMicroGrid (2019, United States)
Undisclosed - Seed - Jan 2021

27. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Autogrid (2011, United States)
$85.0M - Series D - Oct 2021
Voltus (2016, United States)
$31.1M - Series C - May 2021
Span.IO (2014, United States)
$30.4M - Series B - Dec 2020
Origami Energy (2013, United Kingdom)
$29.0M - Series C - Jun 2021
David Energy (2016, United States)
$4.1M - Seed - Feb 2021
SHYFT Power S.. (2016, United States)
$3.1M - Seed - Apr 2021
RESync (2017, Singapore)
$1.0M - Seed - Oct 2021
View all 8 Funding Rounds on Tracxn Platform
Distributed Energy Resources
Management Software
19
27
Back to index
Smart Grid (OVO Energy)
(# Cos: 2177 | $9.4B)
Distributed Energy Resources (Stem)
(# Cos: 244 | $2.3B)
DERs Management (Autogrid)
(# Cos: 91 | $918M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$184M (▲304%)
8(▲14.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
12
$918M
50
1
91
6
Autogrid
(2011, United States, $160M)
GridPoint
(2003, United States, $464M)
Voltus
(2016, United States, $66.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Brighte (2015, Australia)
$100M - Series D - Jan 2021
Brighte (2015, Australia)
$76.1M - Series C - Dec 2020
Internet First Solar Energy Projects
Financing
20
28
Back to index
Renewable Energy Tech (First Solar)
(# Cos: 2446 | $13.5B)
Solar Energy (SunPower)
(# Cos: 1304 | $8.5B)
Solar Financing (Brighte)
(# Cos: 28 | $813M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$176M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$813M
16
-
28
5
Brighte
(2015, Australia, $207M)
Mosaic
(2011, United States, $251M)
Renew Financial
(2008, United States, $125M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Commercial Building Energy
Management System
21
29
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$157M (▲67.2%)
18(▼18.2%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
52
$1.6B
234
8
782
24
Energy Efficiency Tech (View)
(# Cos: 5908 | $16.5B)
Energy Management System (tado°)
(# Cos: 2414 | $5.7B)
Building Automation Systems
(SmartRent)
(# Cos: 1455 | $3.4B)
BEMS (Zenatix)
(# Cos: 782 | $1.6B)
Zenatix
(2013, India, $1.4M)
GridPoint
(2003, United States, $464M)
75fahrenheit
(2012, United States, $36.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Measurabl (2013, United States)
$50.0M - Series C - Sep 2021
Leap (2019, United States)
$33.5M - Series B - Oct 2021
cohesion (2018, United States)
$15.0M - Series A - Nov 2021
EnPowered (2015, Canada)
$8.6M - Seed - Sep 2021
Clockworks An.. (2008, United States)
$8.0M - Series D - Dec 2020
cohesion (2018, United States)
$7.0M - Seed - Jul 2021
Energyworx (2012, Netherlands)
$6.0M - Series B - Jul 2021
View all 18 Funding Rounds on Tracxn Platform

30. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Cognite (2016, Norway)
$150M - Series B - May 2021
PetroDE (2011, United States)
$1.5M - Seed - Nov 2020
Lone Star Ana.. (2006, United States)
Undisclosed - PE - Sep 2021
Oil and Gas Analytics Software
22
30
Back to index
Oil & Gas Tech (Nabors)
(# Cos: 1673 | $6.0B)
Tech for Vertically Integrated Players (Kairos
Aerospace)
(# Cos: 202 | $731M)
Analytics (Kayrros)
(# Cos: 50 | $372M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$152M (▲91.2%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
8
$372M
14
-
50
5
Kayrros
(2016, France, $34.0M)
Cognite
(2016, Norway, $225M)
Flutura
(2012, United States, $10.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Motorcycle Manufacturers
23
31
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$133M (▲173%)
12(▼7.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$492M
44
2
183
7
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Nuro)
(# Cos: 3666 | $53.9B)
Two Wheelers (Ather Energy)
(# Cos: 701 | $2.0B)
Motorcycles (Zero Motorcycles)
(# Cos: 183 | $492M)
Zero Motorcycles
(2006, United States, $260M)
CAKE
(2016, Sweden, $74.0M)
Ubco Bikes
(2015, New Zealand, $23.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
CAKE (2016, Sweden)
$60.0M - Series B - Sep 2021
Revolt Motors (2014, India)
$20.0M - Series B - Apr 2021
Zero Motorcyc.. (2006, United States)
$20.0M - Unattributed - Jun 2021
Ubco Bikes (2015, New Zealand)
$10.0M - Series B - Jun 2021
Zero Motorcyc.. (2006, United States)
$7.0M - Unattributed - Oct 2021
ION Mobility (2019, Singapore)
$6.8M - Seed - Oct 2021
Zero Motorcyc.. (2006, United States)
$5.0M - Unattributed - Jan 2021
View all 12 Funding Rounds on Tracxn Platform

32. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Solid State Electric Vehicle Battery
24
32
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$130M (▲400%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$182M
1
-
1
1
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Components (KPIT Technologies)
(# Cos: 610 | $5.0B)
Batteries (QuantumScape)
(# Cos: 231 | $3.5B)
Multi Category Vehicles (StoreDot)
(# Cos: 114 | $1.1B)
Lithium Ion (Cygni Energy)
(# Cos: 98 | $1.1B)
Solid State (Solid Power)
(# Cos: 1 | $182M)
Solid Power
(2011, United States, $182M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Solid Power (2011, United States)
$130M - Series B - May 2021
Solid Power (2011, United States)
Undisclosed - Series B - Jun 2021

33. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Commercial Lithium Ion Energy Storage
Systems
25
33
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$128M (▲2468%)
8(▲700%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
17
$3.4B
67
9
201
5
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Energy Storage System (Ambri)
(# Cos: 637 | $6.9B)
Lithium Ion (Ecoflow)
(# Cos: 337 | $3.9B)
Commercial (Fluence)
(# Cos: 201 | $3.4B)
Fluence
(2018, United States, $125M)
Microvast
(2006, United States, $430M)
Cadenza Innovation
(2016, United States, $15.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fluence (2018, United States)
$125M - Series D - Dec 2020
Forsee Power (2011, France)
$78.8M - Series C - Feb 2021
Cadenza Innov.. (2016, United States)
$3.4M - Series A - Feb 2021
Spear Power S.. (2013, United States)
$3.0M - Series B - Nov 2020
ZeroNox (2017, United States)
$2.0M - Seed - Jan 2021
Enode (2020, Norway)
$125K - Seed - Jan 2021
Tesvolt (2014, Germany)
Undisclosed - Series C - Nov 2021
View all 8 Funding Rounds on Tracxn Platform

34. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Oilfield Waste Gas to Computing Power
26
34
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$128M (▲327%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$163M
1
-
2
1
Oil & Gas Tech (PDI Software)
(# Cos: 1673 | $6.0B)
Upstream (Nabors)
(# Cos: 876 | $3.6B)
Oilfield Management (Urbint)
(# Cos: 228 | $822M)
Waste Gas to Energy (Digital Stream
Energy)
(# Cos: 2 | $163M)
Computing (Crusoe Energy)
(# Cos: 2 | $163M)
Crusoe Energy
(2018, United States, $163M)
Digital Stream Energy
(2019, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Crusoe Energy (2018, United States)
$128M - Series B - Apr 2021

35. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Brands Sponsored Electric Vehicle
Charging Network
27
35
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$125M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$216M
1
-
1
1
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Charging Solutions (POD Point)
(# Cos: 1361 | $3.8B)
Station Network (InstaVolt)
(# Cos: 593 | $2.5B)
Charging (EV Connect)
(# Cos: 568 | $2.0B)
Operators (ChargePoint)
(# Cos: 393 | $1.8B)
Free Charging (ChargeEuropa)
(# Cos: 2 | $216M)
Brands Sponsored (Volta)
(# Cos: 1 | $216M)
Volta
(2010, United States, $216M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Volta (2010, United States)
$125M - Series D - Jan 2021

36. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Residential Lithium Ion Energy Storage
Systems
28
36
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$123M (▲635%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$434M
14
-
43
6
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Energy Storage System (Ambri)
(# Cos: 637 | $6.9B)
Lithium Ion (Fluence)
(# Cos: 337 | $3.9B)
Residential (Ecoflow)
(# Cos: 43 | $434M)
Ecoflow
(2016, United States, $104M)
Moixa
(2006, United Kingdom, $26.7M)
sonnen
(2010, Germany, $180M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Ecoflow (2016, United States)
$100M - Series B - Jun 2021
Yotta Energy (2017, United States)
$13.0M - Series A - Nov 2021
ElectrIQ Power (2014, United States)
$10.0M - Series A - Jun 2021

37. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
E-Car Ride Hailing Platforms
29
37
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$122M (▲865%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$170M
14
-
40
4
Electric Vehicles (Bird)
(# Cos: 7719 | $70.8B)
Vehicle as a Service (Lime)
(# Cos: 977 | $7.9B)
Cars (GreenMobility)
(# Cos: 237 | $510M)
Ride Hailing (Blu Smart)
(# Cos: 40 | $170M)
Blu Smart
(2018, India, $40.6M)
Lithium Urban Technolo..
(2013, India, $19.3M)
Hype
(2015, France, $96.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hype (2015, France)
$96.6M - Series C - Jan 2021
Blu Smart (2018, India)
$25.0M - Series A - Sep 2021
eee-Taxi (2016, India)
$188K - Seed - Apr 2021

38. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
FirstElement .. (2014, United States)
$105M - Series D - Nov 2021
Hydra Energy (2012, Canada)
$12.4M - Series A - May 2021
Hydrogen Refueling Station Networks
30
38
Back to index
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Hydrogen Refueling (Hydrogenious LOHC
Technologies)
(# Cos: 171 | $986M)
Station Network (FirstElement Fuel)
(# Cos: 19 | $195M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$117M (▲145%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$195M
7
-
19
1
FirstElement Fuel
(2014, United States, $177M)
Symbio
(2010, France)
Hydra Energy
(2012, Canada, $18.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

39. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Four Wheeler Plug In Chargers
31
39
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$110M (▲257%)
14(▼17.6%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
39
$804M
137
5
458
20
Energy Storage Tech (Volta)
(# Cos: 3989 | $27.5B)
Charging (ChargePoint)
(# Cos: 1688 | $4.4B)
Devices (WiTricity)
(# Cos: 794 | $1.4B)
Plug In (Wallbox)
(# Cos: 519 | $846M)
Electric Vehicle (FreeWire Technologies)
(# Cos: 515 | $834M)
Four Wheelers (POD Point)
(# Cos: 458 | $804M)
POD Point
(2009, United Kingdom, $58.4M)
FreeWire Technologies
(2014, United States, $103M)
Wallbox
(2015, Spain, $70.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
EV Power (2010, China)
$54.7M - Series D - Jun 2021
FreeWire Tech.. (2014, United States)
$50.0M - Series C - Jan 2021
Wallbox (2015, Spain)
$40.0M - Series C - Feb 2021
Spirii (2019, Denmark)
$18.8M - Series B - Jan 2021
Charge Amps (2012, Sweden)
$15.3M - Series B - Mar 2021
Indra (2011, United Kingdom)
$8.2M - Series A - Jan 2021
dcbel (2015, Canada)
$7.5M - Series B - Aug 2021
View all 14 Funding Rounds on Tracxn Platform

40. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Electric Truck
Manufacturers
32
40
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$110M (▲1000%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$162M
2
-
3
1
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Tesla)
(# Cos: 3666 | $53.9B)
Commercial Vehicles (Nuro)
(# Cos: 564 | $5.5B)
Trucks (Nikola Motor)
(# Cos: 32 | $1.2B)
Autonomous (Einride)
(# Cos: 3 | $162M)
Einride
(2016, Sweden, $160M)
Udelv
(2016, United States, $1.4M)
Teleport
(2019, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Einride (2016, Sweden)
$110M - Series B - May 2021

41. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Two Wheeler Battery Swapping
33
41
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$105M (▲163%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$215M
5
-
11
4
Energy Storage Tech (QuantumScape)
(# Cos: 3989 | $27.5B)
Charging (Volta)
(# Cos: 1688 | $4.4B)
Station Network (ChargePoint)
(# Cos: 725 | $2.5B)
Battery Swapping (Battery Smart)
(# Cos: 42 | $508M)
Electric Vehicle (SUN Mobility)
(# Cos: 42 | $508M)
Two Wheelers (Ampersand)
(# Cos: 11 | $215M)
Ampersand
(2014, Germany, $4.7M)
EHuanDian
(2015, China, $100M)
Zhang Fei Charge
(2016, China, $9.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Oyika (2018, Singapore)
$100M - Series C - Apr 2021
Ampersand (2014, Germany)
$3.5M - Series A - Apr 2021
Ampersand (2014, Germany)
$1.2M - Series A - Jun 2021
Oyika (2018, Singapore)
Undisclosed - Series C - Jun 2021

42. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Liquid Air Energy Storage Systems
34
42
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$98.1M (▲113%)
3(▲200%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$144M
4
-
9
1
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Energy Storage System (Ambri)
(# Cos: 637 | $6.9B)
Thermal (Sunamp)
(# Cos: 68 | $720M)
Liquid Air (Highview Power)
(# Cos: 9 | $144M)
Highview Power
(2005, United Kingdom, $143M)
phelas
(2020, Germany, $705K)
Pintail Power
(2014, United States)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Highview Power (2005, United Kingdom)
$70.0M - Series C - Feb 2021
Highview Power (2005, United Kingdom)
$27.4M - Series C - Aug 2021
phelas (2020, Germany)
$705K - Seed - Aug 2021

43. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Ultracapacitors
35
43
Back to index
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Ultracapacitor (Skeleton Tech)
(# Cos: 52 | $293M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$95.4M (▲96.8%)
5(▲66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$293M
29
6
52
4
Skeleton Tech
(2009, Germany, $109M)
Ioxus
(2007, United States, $58.5M)
Nanoramic Laboratories
(2010, United States, $75.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Skeleton Tech (2009, Germany)
$61.0M - Series D - Mar 2021
Skeleton Tech (2009, Germany)
$34.4M - Series D - Jul 2021
Nanoramic Lab.. (2010, United States)
$7.2M - Series C - Sep 2021
Nanoramic Lab.. (2010, United States)
$1.3M - Series B - Nov 2020
Skeleton Tech (2009, Germany)
Undisclosed - Series D - Mar 2021

44. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Aircraft Manufacturers
36
44
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$94.9M (▲1392%)
5( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$241M
23
-
86
4
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Nuro)
(# Cos: 3666 | $53.9B)
Aerial (Volocopter)
(# Cos: 124 | $2.4B)
Aircraft (Ampaire)
(# Cos: 86 | $241M)
Ampaire
(2016, United States)
JetPack Aviation
(2015, United States, $2.6M)
Aurora
(1989, United States, $6.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Skydweller (2019, United States)
$40.0M - Series A - Sep 2021
Heart Aerospace (2018, Sweden)
$35.0M - Series A - Jul 2021
Bye Aerospace (2007, United States)
$7.9M - Series C - May 2021
Autonomous F.. (2017, United Kingdom)
$6.9M - Series A - Apr 2021
Bye Aerospace (2007, United States)
$5.1M - Series C - Nov 2020

45. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
EV Power Systems
37
45
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$83.8M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
5
$1.3B
19
5
56
2
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Energy Storage System (Ambri)
(# Cos: 637 | $6.9B)
Lithium Ion (Ecoflow)
(# Cos: 337 | $3.9B)
Commercial (Fluence)
(# Cos: 201 | $3.4B)
Automotive (Microvast)
(# Cos: 56 | $1.3B)
Microvast
(2006, United States, $430M)
Forsee Power
(2011, France, $143M)
Spear Power Systems
(2013, United States, $19.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Forsee Power (2011, France)
$78.8M - Series C - Feb 2021
Spear Power S.. (2013, United States)
$3.0M - Series B - Nov 2020
ZeroNox (2017, United States)
$2.0M - Seed - Jan 2021

46. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Photo-Electrochemical Hydrogen
Generators
38
46
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$83.2M (▲233%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$109M
3
-
3
1
Renewable Energy Tech (First Solar)
(# Cos: 2446 | $13.5B)
Solar Energy (SunPower)
(# Cos: 1304 | $8.5B)
Applications (BEEWISE)
(# Cos: 177 | $588M)
Hydrogen Generation (Enapter)
(# Cos: 9 | $134M)
Photo-Electrochemical (Heliogen)
(# Cos: 3 | $109M)
Heliogen
(2012, United States, $108M)
SunHydrogen
(2009, United States, $1.1M)
SoHHytec
(2020, Switzerland, $162K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Heliogen (2012, United States)
$83.0M - Series A - Jun 2021
SoHHytec (2020, Switzerland)
$162K - Seed - Mar 2021

47. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Advanced Battery Anode Materials
39
47
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.2M (▲156%)
7(▲16.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.3B
32
3
42
9
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Battery (QuantumScape)
(# Cos: 1164 | $12.6B)
Components (Ionic Materials)
(# Cos: 138 | $1.6B)
Electrode (Group14 Technologies)
(# Cos: 78 | $1.4B)
Anode (Sila Nanotechnologies)
(# Cos: 42 | $1.3B)
Sila Nanotechnologies
(2011, United States, $889M)
Group14 Technologies
(2015, United States, $32.4M)
Echion Technologies
(2017, United Kingdom, $15.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Sila Nanotech.. (2011, United States)
$600M - Series F - Jan 2021
Nanotech Energy (2014, United States)
$64.0M - Series D - Aug 2021
Leydenjar Techn.. (2016, Netherlands)
$26.0M - Series A - Sep 2021
Echion Techn.. (2017, United Kingdom)
$13.7M - Series A - Aug 2021
E-magy (2014, Netherlands)
$6.0M - Series A - Feb 2021
Advano (2014, United States)
$4.7M - Series A - Apr 2021
Conamix (2014, United States)
$2.5M - Seed - Dec 2020

48. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Virta (2013, Finland)
$36.0M - Series C - Apr 2021
IoTecha (2015, United States)
$17.4M - Series B - Jun 2021
Weave Grid (2018, United States)
$15.0M - Series A - May 2021
Xeal (2019, United States)
$11.0M - Series A - Oct 2021
ev.energy (2018, United Kingdom)
$8.8M - Series A - Jun 2021
ChargeLab (2019, Canada)
$4.3M - Seed - Feb 2021
OpConnect (2008, United States)
$2.2M - Series A - Apr 2021
View all 16 Funding Rounds on Tracxn Platform
Electric Vehicle Charging Station
Management Software
40
48
Back to index
Energy Storage Tech (Volta)
(# Cos: 3989 | $27.5B)
Charging (ChargePoint)
(# Cos: 1688 | $4.4B)
Station Management IT (EV Connect)
(# Cos: 146 | $210M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.1M (▲824%)
16(▲33.3%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
7
$210M
58
-
146
15
EV Connect
(2009, United States, $25.0M)
Virta
(2013, Finland, $36.0M)
SWTCH
(2018, Canada, $833K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

49. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Station Based Electric Bike Rentals
41
49
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$80.0M (▲33.1%)
4(▼20%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$320M
9
-
93
4
Electric Vehicles (Bird)
(# Cos: 7719 | $70.8B)
Vehicle as a Service (Lime)
(# Cos: 977 | $7.9B)
Bicycles (Tembici)
(# Cos: 199 | $2.9B)
Station Based (Yulu)
(# Cos: 93 | $320M)
Yulu
(2017, India, $20.1M)
Tembici
(2010, Brazil, $127M)
Zoomo
(2017, Australia, $58.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tembici (2010, Brazil)
$80.0M - Series C - Sep 2021
Zoomo (2017, Australia)
$30.0M - Series B - Nov 2021
Zoomo (2017, Australia)
$12.0M - Series A - May 2021
Tilt (2016, India)
$125K - Seed - Mar 2021

50. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Hydrogenious LOHC T.. (2013, Germany)
$59.0M - Series B - Sep 2021
HTEC (2005, Canada)
$15.7M - Series B - Dec 2020
EODev (2019, France)
Undisclosed - Seed - Apr 2021
Endua (2013, Australia)
Undisclosed - Seed - Jun 2021
Hydrogen Generation and Storage
Systems
42
50
Back to index
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Hydrogen Refueling (Everfuel)
(# Cos: 171 | $986M)
Diversified (Hydrogenious LOHC
Technologies)
(# Cos: 17 | $172M)
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$74.7M (▲75.3%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$172M
10
3
17
1
Hydrogenious LOHC Tech..
(2013, Germany, $84.3M)
Everfuel
(2019, Denmark, $38.7M)
McPhy
(2008, France, $32.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

51. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Autonomous Electric Shuttle
Manufacturers
43
51
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$71.1M (▲102%)
5(▲400%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$170M
8
1
17
2
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Tesla)
(# Cos: 3666 | $53.9B)
Commercial Vehicles (Nuro)
(# Cos: 564 | $5.5B)
Shuttles (EasyMile)
(# Cos: 24 | $170M)
Autonomous (Navya Technology)
(# Cos: 17 | $170M)
Navya Technology
(2014, France, $38.5M)
EasyMile
(2014, France, $88.5M)
Auro Robotics
(2013, United States, $2.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
EasyMile (2014, France)
$66.0M - Series B - Apr 2021
Glydways (2016, United States)
$5.0M - Series C - Apr 2021
Glydways (2016, United States)
$70.0K - Series C - Dec 2020
PIX Moving (2017, China)
Undisclosed - Seed - Feb 2021
Local Motors (2007, United States)
Undisclosed - Series B - May 2021

52. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Four Wheeler Plug In Portable
Chargers
44
52
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$69.8M (▲57.2%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$177M
14
-
68
3
Energy Storage Tech (Volta)
(# Cos: 3989 | $27.5B)
Charging (ChargePoint)
(# Cos: 1688 | $4.4B)
Devices (WiTricity)
(# Cos: 794 | $1.4B)
Plug In (Ubitricity)
(# Cos: 519 | $846M)
Electric Vehicle (Wallbox)
(# Cos: 515 | $834M)
Four Wheelers (POD Point)
(# Cos: 458 | $804M)
Portable (FreeWire
Technologies)
(# Cos: 68 | $177M)
FreeWire Technologies
(2014, United States, $103M)
Ubitricity
(2008, Germany, $29.4M)
SparkCharge
(2014, United States, $5.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
FreeWire Tech.. (2014, United States)
$50.0M - Series C - Jan 2021
Spirii (2019, Denmark)
$18.8M - Series B - Jan 2021
SparkCharge (2014, United States)
$1.0M - Seed - Nov 2020

53. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Pumped Heat Energy Storage Systems
45
53
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$64.7M (▲911%)
4(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$286M
22
1
45
5
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Energy Storage System (Ambri)
(# Cos: 637 | $6.9B)
Thermal (Highview Power)
(# Cos: 68 | $720M)
Pumped Heat (Sunamp)
(# Cos: 45 | $286M)
Sunamp
(2006, United Kingdom, $30.4M)
Axiom Exergy
(2013, United States, $10.1M)
Viking Cold Solutions
(2007, United States, $16.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Malta (2018, United States)
$50.7M - Series B - Feb 2021
Sunamp (2006, United Kingdom)
$8.2M - Series B - Sep 2021
MGA Thermal Storage (2017, Australia)
$5.8M - Series A - Aug 2021
Malta (2018, United States)
Undisclosed - Series B - Aug 2021

54. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Electric Truck Manufacturers
46
54
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$63.7M (▲218%)
6(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.2B
13
3
32
6
Electric Vehicles (Lime)
(# Cos: 7719 | $70.8B)
Automaker (Tesla)
(# Cos: 3666 | $53.9B)
Commercial Vehicles (Nuro)
(# Cos: 564 | $5.5B)
Trucks (Nikola Motor)
(# Cos: 32 | $1.2B)
Nikola Motor
(2014, United States, $760M)
Tevva
(2013, United Kingdom, $82.9M)
Einride
(2016, Sweden, $160M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Einride (2016, Sweden)
$110M - Series B - May 2021
Tevva (2013, United Kingdom)
$57.0M - Series B - Nov 2021
Volta Trucks (2019, Sweden)
$43.7M - Series B - Sep 2021
Volta Trucks (2019, Sweden)
$20.0M - Series B - Jan 2021
Tevva (2013, United Kingdom)
$12.5M - Series A - Feb 2021
HV Systems (2017, United Kingdom)
$6.9M - Series A - Jul 2021

55. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Smart Thermostat
47
55
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$62.5M (▲328%)
2(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
9
$423M
50
-
148
7
Energy Efficiency Tech (View)
(# Cos: 5908 | $16.5B)
Energy Management System (SmartRent)
(# Cos: 2414 | $5.7B)
HVAC Management (ecobee)
(# Cos: 401 | $754M)
Residential (tado°)
(# Cos: 148 | $423M)
tado°
(2011, Germany, $153M)
ecobee
(2007, Canada, $155M)
Mysa
(2016, Canada, $22.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
tado° (2011, Germany)
$46.2M - Series D - May 2021
Mysa (2016, Canada)
$16.4M - Series B - Nov 2021

56. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Station Based Electric Scooter Rentals
48
56
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$61.3M (▲ >10K%)
3( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$97.2M
13
-
54
2
Electric Vehicles (Bird)
(# Cos: 7719 | $70.8B)
Vehicle as a Service (Lime)
(# Cos: 977 | $7.9B)
Scooters (Revel)
(# Cos: 142 | $354M)
Station Based (GO Sharing)
(# Cos: 54 | $97.2M)
GO Sharing
(2019, Netherlands, $84.2M)
Blive
(2018, India, $1.9M)
WeMo Scooter
(2016, Taiwan)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
GO Sharing (2019, Netherlands)
$60.1M - Series C - Apr 2021
Blive (2018, India)
$1.0M - Seed - Mar 2021
eBikeGo (2017, India)
$198K - Seed - Mar 2021

57. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Station Based Electric Kick Scooter
Rentals
49
57
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$61.2M (▼44.1%)
3(▼40%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$275M
17
-
119
2
Electric Vehicles (ChargePoint)
(# Cos: 7719 | $70.8B)
Vehicle as a Service (Bird)
(# Cos: 977 | $7.9B)
Kick Scooters (Lime)
(# Cos: 284 | $4.0B)
Station Based (Fenix)
(# Cos: 119 | $275M)
Fenix
(2020, United States, $5.0M)
Neuron
(2016, Singapore, $34.2M)
Grin Scooters
(2018, Mexico, $72.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Superpedestrian (2012, United States)
$60.0M - Series D - Dec 2020
Fenix (2020, United States)
$1.2M - Seed - Feb 2021
Superpedestrian (2012, United States)
Undisclosed - Series D - Jan 2021

58. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Recent Funding Rounds
Semi Solid Lithium Ion Batteries
50
58
Back to index
Taxonomy
$ Invested in last 1 year
Key Stats
# Funding Rounds in last 1 year
$56.8M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$135M
1
-
1
1
Energy Storage Tech (ChargePoint)
(# Cos: 3989 | $27.5B)
Battery (Stem)
(# Cos: 1164 | $12.6B)
Secondary Battery (Cygni Energy)
(# Cos: 779 | $10.4B)
Lithium Ion (QuantumScape)
(# Cos: 734 | $9.8B)
Semisolid (24m Technologies)
(# Cos: 1 | $135M)
24m Technologies
(2010, United States, $135M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
24m Technolog.. (2010, United States)
$56.8M - Series E - May 2021

59. Energy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Recent funding rounds
Investment Trends
Most Active Investors
Top Funded Business Models
Explore more on Tracxn
All Tech Companies
US Tech Companies
Online Travel Companies
Companies using AI in Healthcare
Companies founded by Stanford GSB Alumni
Soonicorn club in Fintech
Analyst Picks in Israel Tech
Key News in FinTech
Events in Bay Area
Angel Investors in United States
Bluebox
Companies Investment Activity
Miscellaneous
Company Detail Page of DoorDash
Competitors of Freshworks
Cap Table for TransferWise
Financials for Ola
Employee Count for Revolut
Company Due Diligence Exits
Public Companies
Acquired Companies
Most Active Acquirers
Reports
Delhivery - Company Report
Novel Foods - Business Model Report
HRTech - Feed Report
FinTech - Top Business Models Report
US Tech - Top Business Models Report
US Tech - Monthly Report
59

60. Energy Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Explore other Reports on Tracxn
HRTech
InsurTech
Food Tech
Novel Foods
Blockchain Network
P2P Remittance
Business Model Reports
FinTech Europe
Consumer Digital SEA
HiTech US
Feed Geo Reports
Company Reports
Monthly Unicorn Report
Unicorn Reports
Transferwise
Coursera
BigBasket
Feed Reports Top Business Models in PA
FinTech
Enterprise Applications
Artificial Intelligence
Geo Monthly Reports
US Tech
Europe Tech
China Tech
Top Business Models in Geo
India Tech
Israel Tech
UK & Ireland Tech
60

61. Copyright © 2021, Tracxn Technologies Limited. All rights reserved.
Energy Tech - Top Business Models Report
Thank You
61
Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Limited including but not limited to the information
contained herein ("Data") is the sole property of Tracxn Technologies Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion
thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except
with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your
customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information.
For further information please refer to our Terms of Use at www.tracxn.com