Moment Energy is a technology company.
Moment Energy has raised $19.0M across 2 funding rounds.
Moment Energy has raised $19.0M in total across 2 funding rounds.
Moment Energy is a clean technology company that specializes in transforming retired electric vehicle (EV) batteries into high-performance, affordable, and reliable stationary battery energy storage systems (BESS). Their flagship product, the Luna BESS, serves commercial clients across North America, enabling efficient energy management for on-grid and off-grid facilities. By repurposing EV batteries, Moment Energy addresses the growing need for sustainable energy storage solutions that reduce carbon footprints and support the transition to clean energy. The company has demonstrated growth momentum with $15 million raised in Series A funding led by Amazon Climate Pledge Fund and Voyager Ventures, and has deployed 11 projects spanning EV charging, grid support, and defense sectors[1][2][3].
Founded in Canada, Moment Energy emerged from the vision to extend the lifecycle of EV batteries by repurposing them for stationary energy storage, thereby advancing circular economy principles in climate tech. The founders leveraged over two decades of battery cycling data to develop systems that are field-tested for reliability and performance. Early traction includes securing significant funding and achieving product- and facility-level certifications for second-life battery systems, marking pivotal milestones in their evolution. The company operates from Port Coquitlam, British Columbia, and has expanded its footprint across four regions in North America[1][2][4].
Moment Energy rides the accelerating trend of circular economy solutions within the clean energy transition, addressing the critical challenge of battery waste and resource efficiency. The timing is favorable due to increasing EV adoption, rising demand for grid flexibility, and regulatory pressures to decarbonize energy systems. By repurposing EV batteries, Moment Energy reduces environmental impact and costs associated with new battery production, while supporting renewable energy integration, peak shaving, and backup power needs. Their work influences the broader ecosystem by proving the viability of second-life batteries at commercial scale and encouraging sustainable practices in energy storage[1][4].
Looking ahead, Moment Energy is poised to scale production with plans to build the world’s first second-life gigafactory in the U.S., supported by recent funding rounds. Trends such as expanding EV fleets, grid modernization, and increasing corporate commitments to net-zero goals will shape their growth trajectory. Their influence is likely to expand as they demonstrate the economic and environmental benefits of repurposed battery storage, potentially setting industry standards and accelerating circular economy adoption in energy storage markets. Moment Energy’s journey exemplifies how innovative technology can power a sustainable, circular future in energy[1][2].
Moment Energy has raised $19.0M in total across 2 funding rounds.
Moment Energy's investors include Amazon Climate Pledge Fund, Trucks Venture Capital, Version One Ventures.
Moment Energy has raised $19.0M across 2 funding rounds. Most recently, it raised $15.0M Series A in January 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2025 | $15.0M Series A | Amazon Climate Pledge Fund, Trucks Venture Capital, Version One Ventures | |
| Sep 1, 2022 | $4.0M Seed | Amazon Climate Pledge Fund, Version One Ventures |