KORE Power
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $75.0m | Late VC | |
* | $850m | Debt | |
Total Funding | AUD116m |
Recent News about KORE Power
EditKORE Power is a leading US-based developer of battery cell technology, primarily serving the clean energy industries. The company operates in the renewable energy market, providing secure and scalable solutions to its clients. KORE Power's business model is centered on the development, production, and sale of proprietary tier 1 battery cells, which are used in various clean energy applications.
The company prides itself on its dedicated customer service, ensuring that projects are completed on time and to the highest standards of quality, safety, and reliability. This is achieved through significant investment in research and development (R&D), which allows KORE Power to continually improve its products and meet the evolving needs of its customers.
KORE Power also plans to construct a 12 GWh battery cell manufacturing facility in the U.S., which will further enhance its production capabilities and allow it to better serve its customers. The company generates revenue through the sale of its battery cells to clients in the clean energy industries.
In simple terms, KORE Power creates and sells high-quality battery cells for use in renewable energy projects. They focus on providing excellent customer service and continually improving their products through research and development. They make money by selling these battery cells to companies in the clean energy sector.
Keywords: Battery Cell Technology, Clean Energy, Renewable Energy, Customer Service, Scalable Solutions, Research and Development, Quality, Safety, Reliability, Manufacturing Facility.