Kore Power manufactures scalable energy storage systems and battery cells for commercial, industrial, and grid-scale applications, addressing the need for reliable power solutions in the clean energy sector. Their technology supports electric vehicles and microgrid infrastructures, enhancing energy efficiency and sustainability while reducing reliance on fossil fuels.
Funding
$85.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The increasing demand for clean energy and electric vehicles requires reliable and scalable energy storage solutions. Existing solutions often lack the necessary scalability, efficiency, and safety features to meet the diverse needs of commercial, industrial, and grid-scale applications. This creates challenges for integrating renewable energy sources and deploying electric vehicle infrastructure effectively.
Solution
KORE Power manufactures and integrates battery cells and energy storage systems for a variety of applications, including commercial and industrial energy storage, grid-scale energy management, and electric vehicle power. Their product line includes modular KORE Blocks, storage racks, and individual battery cells utilizing both Lithium Iron Phosphate (LFP) and Nickel Manganese Cobalt (NMC) chemistries. These systems are designed for scalability and can be configured to meet specific energy and power requirements. KORE Power also offers KAMS, an asset management platform that leverages AI-powered analytics for real-time remote monitoring, ensuring optimal safety and performance of connected systems.
Target Audience
KORE Power's primary customers include commercial and industrial businesses, grid-scale energy providers, and electric vehicle manufacturers seeking reliable and scalable energy storage solutions.
Features
- Scalable energy storage systems ranging from individual battery cells to multi-kWh blocks and racks
- Battery solutions available in both LFP and NMC chemistries to suit different application requirements
- KORE Blocks offer up to 1340 kWh of discharge power
- Storage Racks offer capacities ranging from 110 kWh to 750 kWh
- KAMS asset management platform provides remote monitoring and AI-powered analytics
- Solutions for commercial, industrial, grid-scale energy storage, and e-mobility applications