Moxion Power, a mobile energy storage startup, raised USD 10 million in a Series A funding round led by Energy Impact Partners, with participation from existing investors Tamarack Global and Liquid 2 Ventures.

The round brings Moxion’s total funding to USD 13.2 million. The company expects to use the proceeds to scale its manufacturing operations, launch its first rental location, and tend to its backlog of customer orders.

Moxion manufactures and rents mobile energy storage solutions, providing clean,  temporary-power-as-a-service solutions to customers in industries such as construction, electrified transportation, events and entertainment, and telecommunications. Moxion’s technology and vertically integrated business model offer a viable alternative to fossil-fuel-burning generators. Moxion claims to have signed letters of intent with large construction firms and EV fleet operators in the US, with plans to open its first rental location in the San Francisco Bay Area in Q3 2022. Moxion is a Y Combinator graduate.