Titan Advanced Energy Solutions is a technology company.
Titan Advanced Energy Solutions has raised $33.0M across 1 funding round.
Titan Advanced Energy Solutions has raised $33.0M in total across 1 funding round.
Titan Advanced Energy Solutions is a Salem, MA-based technology company developing ultrasound-based battery management and inspection systems for lithium-ion batteries (LiB) used in consumer electronics, automotive, energy storage systems (ESS), and manufacturing.[1][2][4] It builds products like the patented ionView™ for real-time state of charge (SoC) and state of health (SoH) monitoring with over 99% accuracy, and IonSight™ for in-line, high-resolution cell inspection detecting defects such as layer misalignment, moisture contamination, and electrode tears.[1][2][4] Serving battery manufacturers, integrators, producers, and end-users in transportation, energy, and materials sectors, Titan solves critical problems in battery safety, lifespan, and production yield—offering 15-25% more daily charge capacity, up to 125% longer battery life, real-time cell balancing, and automated defect detection to cut waste and ramp production faster.[1][2][3][4] The company, founded in 2016 with 21-50 employees, has raised USD 10 million and partnered with giants like Siemens and Schneider Electric, showing strong growth in the clean energy transition.[1][5]
Titan Advanced Energy Solutions was founded in 2016 by Shawn Murphy, who serves as CEO and CTO, alongside Sean O'Day as President and CCO.[1] Emerging from the need for precise LiB monitoring amid rising demand for electric vehicles (EVs), ESS, and consumer devices, the idea leveraged patented ultrasound technology to measure batteries at the molecular level—combining ultrasonic sensing, machine learning, and edge computing for real-time insights beyond traditional systems.[1][2][3] Early traction included Greentown Labs membership, a USD 10 million funding round, and partnerships like Schneider Electric, which exemplified impactful startup-corporate collaboration, plus recognition in startup energy transition databases.[1]
Titan rides the explosive growth of LiB demand driven by EV adoption, grid-scale ESS, and electrification, where manufacturing defects cause 20-30% yield losses and safety risks like thermal runaway threaten scalability.[4] Timing is ideal amid global battery production ramp-ups to 12+ TWh annually, as ultrasound-AI enables "digital teardowns" for every cell, shifting profitability by catching defects at the source and enabling predictive maintenance.[1][4] Market forces like falling LiB costs, regulatory pushes for sustainability, and supply chain pressures favor Titan, influencing the ecosystem by partnering with incumbents like Siemens to standardize high-quality, safer batteries—accelerating the energy transition and reducing e-waste.[3][5]
Titan is poised to dominate battery quality assurance as gigafactories scale, with IonSight expanding to full-stack manufacturing AI and ionView penetrating aftermarket retrofits. Trends like solid-state batteries and AI-driven supply chains will amplify its edge, potentially evolving Titan into a cornerstone platform for the $500B+ battery industry. As EV and ESS markets surge past 2030, Titan's precision tech will redefine reliability, tying back to its core mission of sustainable, longer-lasting energy storage.
Titan Advanced Energy Solutions has raised $33.0M in total across 1 funding round.
Titan Advanced Energy Solutions's investors include HG Ventures.
Titan Advanced Energy Solutions has raised $33.0M across 1 funding round. Most recently, it raised $33.0M Series B in November 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2021 | $33.0M Series B | HG Ventures |