Nexamp Funding, Investors & Competitors

Base Power is a residential energy provider offering backup battery systems and fixed-rate electricity plans in Texas. Dallas-headquartered, its home batteries supply up to three days of whole-home power during outages with automatic failover. Plans feature transparent pricing from 9 cents per kWh plus delivery and membership fees, serving deregulated market customers seeking cost predictability.

GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, including onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to the point of consumption.

Vistra Corp. is one of the largest power producers and retail energy providers in the USA. It owns 44 gigawatts of generation capacity, including natural gas (27 GW), nuclear (6.5 GW), coal (8.7 GW), and solar and battery storage (1.4 GW). The Cogentrix acquisition will add 5.5 GW of gas generation. Vistra's retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016.

SK on is a Seoul-headquartered battery maker producing prismatic and pouch lithium-ion cells for electric vehicles from its Gwangmyeong and Seosan plants. Spun off from SK Innovation in 2021, it supplies packs to Ford Mustang Mach-E and Hyundai Ioniq 5. The company advances 46-series cells with NCM cathodes and partners with Solid Power on solid-state tech. SK on targets 200 GWh capacity by 2025.

TBEA Co Ltd is a China-based company that offers energy business solutions to service providers. The company distributes electric power transmission and transformation equipment. It provides solutions such as green technology, smart environmental protection, energy equipment for turnkey projects, and system solutions that range from surveying to design, construction, installation, and commissioning, as well as integration of training, operation, and maintenance. It also promotes the construction of green and efficient power grids. The company has a business presence in China and other countries.

Northvolt was a Swedish battery manufacturer founded in 2015 to build the world's greenest, sustainably sourced lithium-ion batteries. Powered entirely by renewable energy (wind and hydro), Northvolt aimed to produce batteries with the lowest carbon footprint globally. Backed by heavyweights like Volkswagen and Goldman Sachs, it aimed to supply European automakers. However, facing severe scaling challenges and massive debt, the company filed for bankruptcy in 2024–2025.

Siemens Energy India Ltd is engaged in energy sector. The company offers fully integrated products, solutions and services across the energy value chain of oil and gas production, power generation and transmission for various customers such as utilities, independent power producers and engineering, procurement and construction (EPC) companies comprising of the entire part of the business.

Enlight Renewable Energy Ltd develops, finances, constructs, owns, and operates utility-scale renewable energy projects. The company’s operating segments are the MENA segment, Europe segment, U.S.A segment, and Others. It generates the majority of its revenue from the Europe segment, which produces its revenue from the sale of the electricity that is produced through wind energy and solar energy in Europe.

Round-the-Clock is a renewable energy initiative that integrates various power sources for uninterrupted supply.

Farasis Energy is a global lithium-ion battery manufacturer producing power systems for electric vehicles, energy storage grids, and commercial applications. The company operates production facilities in China and the United States with partnerships including BMW for automotive battery supplies. Farasis Energy supplies high-energy-density cells addressing transportation electrification and renewable grid integration needs.

Sungrow New Energy is a Hefei-based developer of integrated solutions for photovoltaics, wind power, and hydrogen storage systems. It provides EPC services for multi-energy projects including 1 GW solar farms and offshore wind installations in China and Southeast Asia.

Form Energy is a Somerville-headquartered company that develops iron-air batteries for multi-day energy storage from wind and solar sources. These 100-hour duration systems deliver dispatchable clean power to electricity grids across North America. The technology defers construction of new transmission lines and displaces fossil fuel peaker plants. Originating from MIT research, Form Energy partners with utilities such as Xcel Energy and Georgia Power for pilot projects in Colorado, Minnesota, and Georgia. The company operates manufacturing facilities in West Virginia and Vermont to scale production for grid integration.

Enpal is a Berlin-based provider of comprehensive renewable energy solutions including solar panels, batteries, wallboxes, heat pumps, and energy management systems. The company offers 20-year lease models with no upfront costs, covering installation, maintenance, and insurance for residential customers in Germany and Italy. Recognized as Germany's market leader in solar installations, Enpal operates over 200 installer teams and a dedicated training center near Berlin.

Verkor builds gigafactories for low-carbon lithium-ion battery cells targeting electric vehicles from its headquarters near Grenoble, France. The company plans a 50 GWh facility in Dunkirk by 2025, reducing carbon footprints by 80% through renewable energy and recycled materials, backed by investments from Renault Group and Schneider Electric.

NW Storm is a Paris-headquartered developer of battery energy storage systems and EV charging infrastructure as a subsidiary of NW Groupe. The company deploys utility-scale lithium-ion batteries for grid stabilization in rural France, with 340MW operational capacity targeted by 2022. It installs ultra-fast chargers supporting up to 600 points by 2023, addressing energy transition in low-density regions.

Arcadia is a clean energy platform facilitating access to renewables and utility data across the United States. Founded in 2014 and headquartered in Washington, D.C., the company operates Arc, which aggregates billing and usage data from 125 utilities representing over 80 percent of U.S. electric accounts. Arcadia manages the largest community solar program nationwide, subscribing more than 100,000 households and offsetting five terawatt-hours of demand through partnerships with developers like Nexamp and Common Energy.

Our Next Energy is a Novi-headquartered developer of advanced lithium-iron-phosphate batteries for electric vehicles. The company employs Gemini dual-chemistry architecture to deliver higher energy density and faster charging times while prioritizing cobalt-free materials and domestic supply chains. Founded in 2020, Our Next Energy partners with BMW i Ventures on joint development projects and operates a pilot production line in Michigan ahead of a planned gigafactory.

Stuttgart-headquartered CMBlu Energy AG manufactures organic redox flow batteries for grid-scale energy storage. The company deploys systems with capacities up to 1 MWh at industrial sites in Germany and Europe. Its B400 battery modules integrate with solar and wind farms to provide long-duration storage exceeding 10 hours. Founded in 2015, CMBlu partners with utilities for utility-scale projects in the renewable energy transition.