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Alsym Energy
AddedFeb 17, 2024
UpdatedJun 18, 2026
Alsym Energy

Alsym Energy

Alsym™ Energy: Innovating low-cost, high-performance rechargeable storage tech for diverse applications.

HQ
Woburn, MA, US
Founded
2015
Overview
Compare
Fundraising
Employees
Website

Founded with the mission to accelerate decarbonization, Alsym™ Energy focuses on developing innovative, low-cost, high-performance rechargeable energy storage technologies. Their products are free of lithium and cobalt, utilizing non-toxic and non-flammable materials. These batteries are designed for applications including stationary storage, maritime shipping, and electric vehicles, offering a sustainable alternative to traditional lithium-ion batteries at a significantly lower cost.

Alsym Energy has attracted notable investors and industry experts, contributing to their rapid growth and development. The company has successfully raised substantial funding, including a combined US$145 million with Torus. Their groundbreaking technology has the potential to significantly impact the energy storage market by providing safer, more affordable options that support global decarbonization efforts.

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Alsym Energy - Quick Facts

Who are Alsym Energy's competitors?

Companies similar to Alsym Energy include EnerVenue, Johnson Energy Storage, Peak Energy and Adden Energy.

When was Alsym Energy founded?

Alsym Energy was founded in 2015.

Where is Alsym Energy's headquarters located?

Alsym Energy's headquarters is located in Woburn, MA, US.

When was Alsym Energy's last funding round?

Alsym Energy's most recent funding round was for $21.9M (USD) in December 2020.

How much has Alsym Energy raised to-date?

As of Dec 11, 2020, Alsym Energy has raised a total of $31.9M (USD).

How many employees does Alsym Energy have?

Alsym Energy has 38 employees as of Feb 4, 2024.

Alsym Energy - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • Cleantech
Geographic Exposure
  • Global
Revenue
  • Recurring
Main Product
  • Batteries
  • Energy Storage
Tags
  • Hardware
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 5 more industry codes
NAICS
  • 221110Electric Power Generation
  • 221115Wind Electric Power Generation
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services