What it sells
Repurposes used EV batteries.
Business model breakdown
Buyer: who owns the budget?
UnverifiedFacility/energy managers at commercial and industrial sites.
Trigger: what makes them buy now?
Reduce demand charges and get backup power during outages.
Workflow: what inputs become what output?
Installs Luna battery energy storage system built from repurposed EV batteries to charge at low rates and discharge at peaks (demand charge reduction) and provide backup power.
Economics: what it saves and how it charges
Sells BESS hardware (UL 1973, UL 9540, UL 9540A certified) with installation and local support; value from reduced demand charges and avoided downtime; pricing not published.
Distribution: how it reaches customers
Contact-us sales; systems manufactured in British Columbia.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2026-05-05 | Series B | $40 million USD | — | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.