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RePurpose Energy
AddedFeb 16, 2024
UpdatedJun 18, 2026
RePurpose Energy

RePurpose Energy

Series A

RePurpose Energy: Providing sustainable solar energy storage systems using repurposed EV batteries.

HQ
Fairfield, CA, US
Founded
2018
Overview
Compare
Fundraising
Employees
Website

RePurpose Energy, founded with the mission to enhance sustainability in energy storage, focuses on repurposing electric vehicle (EV) batteries for solar energy systems. By giving EV batteries a 'second life,' the company aims to provide lower-cost, reliable, and eco-friendly energy storage solutions. Their market focus includes renewable energy sectors and organizations seeking sustainable energy alternatives.

Notable achievements include being featured in Comstock's Magazine as Startup of the Month and receiving a $6 million grant from the U.S. Department of Energy. RePurpose Energy's innovative approach has significantly impacted the circular economy for lithium-ion batteries, strengthening supply chain resilience and supporting the global shift towards renewable energy.

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RePurpose Energy - Quick Facts

Who are RePurpose Energy's competitors?

Companies similar to RePurpose Energy include Smartville, Renewell Energy, EnergyRe and Revterra.

When was RePurpose Energy founded?

RePurpose Energy was founded in 2018.

Where is RePurpose Energy's headquarters located?

RePurpose Energy's headquarters is located in Fairfield, CA, US.

When was RePurpose Energy's last funding round?

RePurpose Energy's most recent funding round was for $6M (USD) in November 2022.

How much has RePurpose Energy raised to-date?

As of Nov 16, 2022, RePurpose Energy has raised a total of $10.6M (USD).

How many employees does RePurpose Energy have?

RePurpose Energy has 7 employees as of Feb 5, 2024.

RePurpose Energy - Classification

Industry
  • Hardware
Ownership
  • Venture Capital
Technology
  • Cleantech
Geographic Exposure
  • United States
Revenue
  • Recurring
Customer
  • Enterprise
  • Government
Main Product
  • Energy Storage
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
  • 221114Solar Electric Power Generation
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services