Logo for Moment Energy

Meet an Unreasonable Venture

Moment Energy

Providing a clean, affordable, and reliable battery energy storage system by repurposing retired electric vehicle batteries

Photo of Edward Chiang

Edward Chiang

Cofounder & CEO at Moment Energy

More about Edward »
Employees 51–100
Headquarters Canada
Moment Energy turns EV batteries into high-performance, affordable stationary storage. Operating at the intersection of climate tech and circular economy, it partners with automakers and utilities to ease supply constraints and support grid stability creating Battery Energy Storage Systems 30%-50% cheaper while being 2-4X higher performance than leading Chinese batteries. With $52M raised to date, recently becoming the worlds first and only company with product level UL certification for second life, and $10M in contracted revenue expected in 2025, Moment is scaling Gigafactory production and pursuing its vision of becoming the world’s leading energy storage provider.

Notable Achievements

  • Raised $15M led by Amazon and Voyager Ventures.
  • Deployed 11 projects across EV charging, grid, and defense.
  • First/only firm with facility- and product-level certification for second-life.

Currently Operating in 15 Regions

More Ventures in Energy & Environment

Get the Unreasonable Newsletter

Get monthly updates on Moment Energy and all of the other ventures working to solve global challenges.

Read our Privacy Policy.