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PowerX makes large storage batteries and electric carriers for grid, home, vehicle charging, and marine use.
Founded in 2021 and based in Tokyo, Japan, PowerX manufactures and sells large storage batteries and electric carriers. Its products include battery-powered EV fast chargers, grid and home batteries, and marine batteries for hybrid and electric ships. In March 2025, it raised an undisclosed amount in Series C funding from ITOCHU, MUFG Bank, Imabari Shipbuilding Co., Ltd., Frontive Holding Limited, and Toyota Tsusho. The round was part of JPY 3.17 billion in equity and debt funding, bringing total Series C funding to JPY 5.63 billion.
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