Exciting news from our portfolio company Moixa!
The team at First Imagine! is excited to see Moixa’s growth as they continue to scale-up its GridShare technology to optimise and aggregate global fleets of batteries in homes and EVs. California-based Lunar Energy recently announced its acquisition of Moixa in support of ambitious plans to transition homes around the world to 100 per cent clean power.
First Imagine was among earlier investors of Moixa since 2017 and we are proud to have been supporting this stellar team.
Today, the company’s software is deployed at scale across 35,000 homes (330MWh of batteries) via ITOCHU in Japan. It also supports advanced smart charging services for Honda electric vehicles, flexibility services for UK distribution network operators, and depot smart charging with UPS in the UK. Currently, in official partnership with UK Power Networks (UKPN), GridShare software is providing energy capacity to distribution networks from home energy storage until 2025.
Our heartiest congratulations to the company on this new chapter! 🎉