Acquired

Aquion Energy Stock

Power Generation Company

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Founded

2008

Notable Investors

Kleiner Perkins Caufield & Byers

Headquarters

Pittsburgh PA, US

Total Funding

$131M

About Aquion Energy Stock

Aquion Energy is fundamentally­­ changing the economics of power generation, transmission and distribution by developing and commercializing cost-effective energy storage solutions that are safe, reliable, and sustainable from nontoxic components as simple as saltwater. Based on the research of Carnegie Mellon University Professor Jay Whitacre, Aquion's proprietary Aqueous Hybrid Ion (AHI™) battery overcomes the pitfalls of conventional energy storage technologies. AHI systems enhance the electrical grid by providing flexible, emissions-free capacity that optimizes existing generation assets and enables broad adoption of renewable energy technologies.

Investors

Funding History

June 2008$7.5M
September 2011$30.0M
January 2014$55.0M
May 2014$20.0M
September 2014$36.8M
April 2016$33.0M

Management

Chief Executive Officer

A.J. Congdon

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