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Moment Energy raises $40M Series B to build the world's largest second-life battery factory, led by Evok Innovations. The funding aims to scale manufacturing and energy storage deployment across the US and Canada.

PRIVATEMay 05, 2026

Amount Raised

$40 Million

Round Type

Series B

CoquitlamManufacturingEnergyRenewable EnergySolarEnergy Storage

Investors

Liberty Mutual InvestmentsW23 Global FundAcarioVoyager VenturesIn Q TelAmazon’s Climate Pledge FundEvok Innovations

Description

Moment Energy, a North American leader in EV battery repurposing, announced a $40 million Series B funding round. This financing brings the total capital raised to over $100 million, accelerating their manufacturing footprint expansion. The funding will boost production capacity to meet rising demand from data centers, utilities, and industrial customers. Moment Energy aims to address power constraints by utilizing EV batteries already on the road.

Quick answer

Moment Energy raised $40 Million in a Series B round, dated May 5, 2026. Investors: Liberty Mutual Investments, W23 Global Fund, Acario, Voyager Ventures, In Q Tel, Amazon’s Climate Pledge Fund and Evok Innovations. Moment Energy is based in Coquitlam, British Columbia, Canada.

How much did Moment Energy raise?
Moment Energy raised $40 Million in a Series B round on May 5, 2026.
Who invested in Moment Energy?
Liberty Mutual Investments, W23 Global Fund, Acario, Voyager Ventures, In Q Tel, Amazon’s Climate Pledge Fund and Evok Innovations are named as investors in this round.
What does Moment Energy do?
Moment Energy is a leading EV battery repurposing company in North America, focused on providing sustainable energy storage solutions.
Where is Moment Energy based and how big is it?
Moment Energy is based in Coquitlam, British Columbia, Canada. Fundz records about 51 employees.
Who are the decision-makers at Moment Energy?
Fundz holds 1 contact at Moment Energy, including the Co-Founder & CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Moment Energy that raised within 45 days of this round, from Fundz verified event records.

  • Leecell raised $3.2M (Series A) on June 19, 2026.
  • VoltSeal raised $1.5M (Pre-Seed) on June 4, 2026.
  • ENERGY FOCUS, INC/DE raised $250K (Post-IPO Equity) on May 29, 2026.
  • Rivan raised $34M (Funding Round) on April 20, 2026.
  • Sepion Technologies raised $10M (Series B) on April 17, 2026.
  • Capstone Energy Plus, Inc. raised $113M (Corporate Round) on March 30, 2026.

Who to call at Moment Energy, and when

A new round usually means Moment Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Moment Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Moment Energy, from your own LinkedIn network

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Company Information

Company

Moment Energy

Location

Coquitlam, British Columbia, Canada

About

Moment Energy is a leading EV battery repurposing company in North America, focused on providing sustainable energy storage solutions. The company specializes in transforming retired electric vehicle batteries into battery energy storage systems (BESS) for various commercial and industrial applications. With plans to build the world’s first second-life gigafactory in the U.S., Moment Energy is positioned to capitalize on the growing demand for energy storage. Their innovative approach contributes to grid stability and enhances lithium security in the region.

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Fundz sees it the moment Moment Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsEdward, Co-Founder & CEO hiddenSee plans and pricing
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ML-powered predictions for Moment Energy's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Moment Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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