Moment Energy

Raised $40M in a Series B round, announced 5 May 2026.

Round

Moment Energy raised more than $40M in Series B funding to build a second-life battery factory.

Amount
$40M
Stage
Series B
Announced
5 May 2026
Lead
Evok Innovations
Other investors
Liberty Mutual Investments, W23 Global Fund, Acario
Use of funds
Scaling specialist teams, boosting production capacity across the US and Canada, and deploying energy storage systems.
Total raised
$100M to date
Checked
Amount and date matched across 3 press sources

Company

Builds second-life battery factories that repurpose used EV batteries for energy storage.

Based in
Austin
Sector
Climate & Energy
Website
momentenergy.com ↗

Founder

Sources and links

Sources
Moment Energy Raises US$40M+ Series B to Build the World's Largest Second-Life Battery Factory - PR Newswire news.google.com
Exclusive: Moment Energy raises $40M to meet 'infinite demand for power' with EV batteries - TechCrunch news.google.com
Moment Energy Secures $40M Series B to Scale North America’s Largest Second-Life Battery Platform and Launch t news.google.com
Website
momentenergy.com ↗
LinkedIn
Edward Chiang ↗
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