Company profile: KORE Power
1.1 - Company Overview
Company description
- Provider of clean energy solutions manufacturing modular energy storage systems (LFP and NMC KORE Blocks 750 kWh–10.5 MWh), LFP/NMC battery cells (K2 280, K¹55) and storage racks (P2 750) for microgrid to utility-scale projects, EV charging, commercial energy storage, urban utility and autonomous energy networks, small-space applications, as well as electric vehicles and e-mobility systems.
Products and services
- 1340 NMC KORE Block: Delivers high-capacity Nickel Manganese Cobalt energy storage with a compact-footprint, ideal for urban utility deployments and autonomous energy networks
- 750 LFP KORE Block: A modular Lithium Iron Phosphate energy storage system configurable from 750 kWh to 10.5 MWh, serving microgrid to utility-scale projects
- K² 280 LFP Cell: A prismatic Lithium Iron Phosphate battery cell for medium to long-duration storage, offering high energy density
Key contacts
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Financial details
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1.2 - Competitors and similar companies to KORE Power
DieHard
HQ: United States
Website
- Description: Provider of batteries designed to produce 35 percent more usable starting power than similar batteries.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
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- Total funding raised: $●●●m
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Wave
HQ: United States
Website
- Description: Provider of high-power wireless inductive charging systems for medium- and heavy-duty electric vehicles, with solutions for mass transit, ports, and warehouse/distribution. Enables charging during brief stops and 24-hour operations via embedded roadway pads. Offers Energy Cloud software to manage charging operations and optimize electric fleet performance.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
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Enovix
HQ: United States
Website
- Description: Provider of advanced silicon-anode lithium-ion batteries featuring a proprietary 3D cell architecture that increases energy density while maintaining high cycle life. Offers safety technologies including BrakeFlow current regulation and Encapsulation to limit internal short circuits. Product lineup spans batteries for wearables and IoT, smartphones, and rugged portable power for military and industrial applications.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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VRB Energy
HQ: Canada
Website
- Description: Provider of vanadium redox flow battery energy storage systems, including VRB-ESS® kW-, MW-, and GW-class solutions for utility, commercial, industrial, and microgrid use. Offers modular 100 kW containerized units and scalable 1-100 MW systems delivering 4-10 hours of power for solar and wind farms and grid-scale deployments, supporting renewable integration and replacing peaker plants.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Palladium Energy
HQ: United States
Website
- Description: Provider of customized, reliable, high-performance lithium-based battery pack solutions serving medical, military, commercial, and consumer electronics markets; based in Lisle, Illinois.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Palladium Energy company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for KORE Power
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to KORE Power
2.2 - Growth funds investing in similar companies to KORE Power
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4 - Top valuation comps for KORE Power
4.2 - Public trading comparable groups for KORE Power
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