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Battery startup Moxion went bankrupt. Now its founder is back to ‘finish what we started.’
Anode Technology Company wants to build mobile battery generators for construction sites, live events, and EV fleets. But first it has to avoid the pitfalls that claimed its predecessor, Moxion.
Just over a year ago, Moxion Power closed its doors, adding its name to a list of high-profile bankruptcies that roiled the climate tech world in 2024. The portable battery startup had raised more than $110 million in a bid to replace diesel generators at festivals and construction sites, but even that wasn’t enough to get it through the valley of death. Other companies, like Sparkcharge and Power Sonic, provide EV charging using mobile batteries, but Huelskamp claims Anode’s integrated hardware should set it apart.
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