Urban Electric Power

Urban Electric Power commercializing the advanced zinc anode rechargeable battery technology.

Launch date

2014

Employees

Market cap

Enterprise valuation

Town of Orangetown New York (HQ)

Date	Investors	Amount	Round
-	Cycad Group New Energy Nexus	N/A	-
Jul 2013*	National Science Foundation	$224k	Grant
Dec 2013	NYSERDA	$500k	Grant
Dec 2014	NYSERDA	$300k	Grant
Oct 2015	N/A	$3.4m	Early VC
Nov 2016	NYSERDA	$300k	Grant
Jul 2017	N/A	$410k	Seed
Jan 2019	Small Business Innovation Research (SBIR)	$188k	Grant
Oct 2019	N/A	N/A	Series B
Apr 2020	N/A	N/A	Series B
Dec 2020	ARPA-E National Science Foundation US Department of Energy NYSERDA Empire State Development New York Ventures Baruch Future Ventures NY Regional Economic Development Council NY-BEST	$21.0m	Late VC
Oct 2021*	Resilient Infrastructure + Secure Energy (RISE)	$50.0k	Grant
Total Funding		€24.0m

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