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Moment Energy Secures $40.

Recently funded · $40.0M Series bUtilitiesCAView source

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Moment Energy, the Canadian cleantech company giving electric vehicle batteries a second life as energy storage systems, has secured a $40.0M Series b funding round. The capital infusion will fuel the company's mission to provide reliable, environmentally friendly power solutions, keeping batteries from ending up in landfills.

The firm, which partners with automakers like Nissan North America and Mercedes Benz Energy, helps off-grid customers reduce diesel consumption and transition to renewables, while also offering peak shaving and backup power for commercial and industrial clients. Investors in the round include Evok Innovations, Liberty Mutual Investments, W23, Acario, Voyager Ventures, IQT, Amazon's Climate Pledge Fund, Version One Ventures, MCJ, Overture Ventures, Fika Ventures, and Garage Capital.

From the source

Edward · May 5, 2026

We have closed a $40 million oversubscribed Series B funding round to Scale North America’s Largest Second-Life Battery Platform and launch the Era of Independent Energy.

When we founded Moment Energy, we did so with a simple yet powerful belief: every battery deserves a second life, and we must move the world towards energy freedom. We heard for years that the supply chain was too risky and the safety certifications were impossible to obtain. Building certified, commercial-scale battery energy storage systems using repurposed batteries had never been done before

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