Moment Energy Secures $15M in Series A Funding to Revolutionize Battery Energy Storage Systems

Moment Energy, a trailblazing Canadian cleantech company, is thrilled to announce a substantial funding boost of $15 million, aimed at furthering its mission to foster a sustainable future through innovative battery energy storage solutions. Founded by a group of four tech entrepreneurs dedicated to environmental stewardship, Moment Energy stands at the forefront of the clean energy revolution. Our cutting-edge technology repurposes electric vehicle batteries, which not only keeps power flowing for off-grid communities but also prevents these valuable resources from ending up in landfills. This recent funding, backed by prominent Canadian and US venture capital and climate funds, including Version One Ventures and Fika Ventures, will enable Moment Energy to scale its operations and expand the reach of our eco-friendly energy storage systems. With collaborations with leading automakers like Nissan North America and Mercedes Benz Energy, we are uniquely positioned to serve both residential and commercial customers, helping them transition away from diesel reliance and towards renewable energy solutions. Recognized for our impact-driven approach, including accolades like the Grand Prize winner in the 2021 National Impact Investor Challenge, we are committed to delivering reliable, affordable, and clean power to communities globally. This funding not only reinforces our growth trajectory but also energizes our vision of a sustainable economy where everyone has access to green energy alternatives. As we move forward, we remain focused on innovating and transforming the way energy is stored and consumed, because at Moment Energy, we believe that saving the world starts with smarter energy solutions.