Battery startup Moxion went bankrupt. Now its founder is back to finish what we started

Image for article Battery startup Moxion went bankrupt. Now its founder is back to finish what we started
News Source : TechCrunch

News Summary

  • Anode Technology Company has raised $9 million in seed funding.
  • The startup hopes to replace diesel generators at festivals and construction sites.
  • Anode will use AI to optimize its operations, including charging and delivery.
  • The company has designed an inverter that’ll work for the markets it is targeting, including EV charging, construction sites, and live events.
  • It will use contract manufacturers to make its batteries, a key difference from Moxion, which tried to do it all in-house.
Just over a year ago, Moxion Power closed its doors, adding its name to a list of highprofile bankruptcies that roiled the climate tech world in 2024. The portable battery startup had raised more th [+3740 chars]

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