# Prevalon Energy

**Source:** https://www.startuphub.ai/startups/prevalon-energy
**Profile type:** Startup

> Battery company focused on energy storage solutions.

## About

Prevalon Energy is a battery company specializing in energy storage solutions. The company was acquired by Nextracker Inc. (formerly Nextpower Inc.) for up to $365 million, marking Nextracker's expansion into the energy storage market, particularly for AI data centers.

## Key facts

- **Slug:** prevalon-energy
- **Website:** https://www.prevalonenergy.com/
- **Location:** San Jose, United States
- **Founded:** 2019-01-01
- **Operating status:** Active
- **Total funding:** $100M
- **Sectors / tags:** Energy Storage, Renewable Energy, Data Centers, Battery Technology, Clean Energy, Grid Balancing, Renewable Energy Integration, Advanced Manufacturing, Climate Tech

## Frequently asked

### What does Prevalon Energy do?

Prevalon Energy is a battery company specializing in energy storage solutions. The company was acquired by Nextracker Inc. (formerly Nextpower Inc.) for up to $365 million, marking Nextracker's expansion into the energy storage market, particularly for AI data centers. (formerly [].)

### How much funding has Prevalon Energy raised?

Prevalon Energy has raised a total of $100M in funding. The most recent round on record is Series B.

### Where is Prevalon Energy headquartered?

Prevalon Energy is headquartered in San Jose, United States.

### When was Prevalon Energy founded?

Prevalon Energy was founded in 2019.

### What industry does Prevalon Energy operate in?

Prevalon Energy operates in Energy Storage, Renewable Energy, Data Centers, Battery Technology, Clean Energy, Grid Balancing.

### What is Prevalon Energy's revenue?

StartupHub estimates Prevalon Energy's annual revenue at $57.1M (range $7.3M to $91.2M, 33% confidence), based on comparable companies in the sector.

### What is Prevalon Energy's valuation?

StartupHub estimates Prevalon Energy's effective valuation at $396.0M (range $250.0M to $600.0M, 10% confidence), based on comparable companies in the sector.

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