FundedIQ
Energy

Alsym Energy: Funding, Investors & Team (Sep 2026)

Alsym™ Energy has developed an innovative low-cost, high-performance rechargeable energy storage technology that’s free of lithium and cobalt, and ideal for applications such as stationary storage, maritime shipping, and electric vehicles. By using readily available, inherently non-toxic, and non-flammable energy storage materials, Alsym is working to deliver wide-duration storage with performance comparable to lithium ion at a much lower cost, speeding the pace of decarbonization for people around the world.

www.alsym.com LinkedIn Woburn, United States 11-50 employees
Battery Clean Energy Energy Storage Renewable Energy B2C
Total raised
$141M
Rounds
2
Latest
Series C
Apr 2024

Alsym Energy has raised $141M across 2 funding rounds on record, the most recent a Series C of $78.0M announced in Apr 2024.

That round is above the $14M median round size for Energy companies tracked on FundedIQ over the last two years.

Alsym Energy Company Profile and Key Stats

Total funding raised
$141M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series C
$78.0M in Apr 2024
Employees
11-50
reported band
Headquarters
Woburn, United States

Latest funding round on record: Apr 2024.

Alsym Energy Funding Rounds

Date
Round
Amount
Series C
$78.0M
Undisclosed round
$63.4M

Alsym Energy raised $63.4M in an undisclosed round announced in Feb 2024.

2 months later, a Series C of $78.0M was announced in Apr 2024.

Alsym Energy Founders and Leadership Team

Name
Role
Contact
Mukesh Chatter
Founder
Locked

Contact details for the Alsym Energy team: 1 of 1 has an email address on file.

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Alsym Energy Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$14M
29,795
$7.5M
1,822
$58M

Alsym Energy's latest round of $78.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Alsym Energy Funding FAQs

What does Alsym Energy do?

Alsym™ Energy has developed an innovative low-cost, high-performance rechargeable energy storage technology that’s free of lithium and cobalt, and ideal for applications such as stationary storage, maritime shipping, and electric vehicles. By using readily available, inherently non-toxic, and non-flammable energy storage materials, Alsym is working to deliver wide-duration storage with performance comparable to lithium ion at a much lower cost, speeding the pace of decarbonization for people around the world.

How much funding has Alsym Energy raised?

Alsym Energy has raised $141M across 2 rounds on record. The most recent is a Series C of $78.0M announced in Apr 2024.

When did Alsym Energy last raise funding?

Alsym Energy's most recent funding round on record is a Series C of $78.0M, announced in Apr 2024.

Who founded Alsym Energy?

FundedIQ lists Mukesh Chatter (Founder) at Alsym Energy.

Where is Alsym Energy headquartered?

Alsym Energy is based in Woburn, Massachusetts, United States.

How many employees does Alsym Energy have?

Alsym Energy is in the 11-50 employee band.

How does Alsym Energy's funding compare to other Energy startups?

Alsym Energy's latest round of $78.0M is above the $14M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Alsym Energy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Alsym Energy is left off this page rather than filled in.

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