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Active Power

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Manufacturer Of Flywheel UPS & Modular Power Solutions

Austin, United StatesFounded 1992Energy
Valuation $100–250M Last recorded · 1999
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Active Power and the history behind them.

About Active Power

Active Power designs and manufactures flywheel-based uninterruptible power supply (UPS) systems, an alternative to traditional battery-based products. The company was established in 1992 by Joseph Pinkerton as Magnetic Bearing Technologies, Inc., initially producing magnetic bearings. It pivoted in 1995 to develop flywheel energy systems for the backup power market, rebranding as Active Power in 1996 and going public in 2000. In November 2016, the business was acquired by Piller Power Systems, a subsidiary of the UK-based engineering group Langley Holdings plc. The original public entity, Active Power, Inc., changed its name to P10 Industries, Inc. following the sale.

The company's core business revolves around providing power solutions for mission-critical applications across various sectors, including data centers, healthcare, industrial manufacturing, transportation, and military and defense. Its revenue is generated from the sale of these systems and related services. Active Power's main offering is its CLEANSOURCE® flywheel UPS technology, which stores kinetic energy in a spinning cylinder to provide short-term backup power during outages, bridging the gap until generators take over. This technology is promoted as being more reliable, efficient, and sustainable than conventional chemical batteries. Key benefits highlighted include a smaller physical footprint, lower maintenance requirements, a 20-year design life, and the ability to operate in a wider range of temperatures without dedicated cooling. The products are designed and manufactured at its facility in Austin, Texas.

Significant milestones for the company include introducing its first flywheel DC product in 1997 and its first integrated flywheel UPS in 1999. By 2011, the company had shipped its 3,000th flywheel. A major development occurred in 2016 when Piller Power Systems, a producer of large rotary UPS systems, acquired Active Power's business and assets. This acquisition was seen as a strategic move to combine complementary products and strengthen Piller's position in the kinetic energy UPS market. Post-acquisition, Active Power continues to operate under its own name as part of the Piller group, with Jack Pearce appointed as CEO in July 2021.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1992
Headquarters
Austin, United States
Employees
357
Open positions
None listed
Dealroom signal
0.0/100
Industry
Energy
Sector
Energy, Outside Tech
Business model
Manufacturing
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Sep 2016 $0 — Undisclosed —
IPO✓Exit Aug 2000 $0 — Undisclosed —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Growth signals

Active Power website traffic

Latest recorded traffic for Active Power is 2.7K monthly website visits, up 1127.3% over the last three months. Active Power's team grew 28% over the past year.

Latest monthly visits2.7K 3-month web change+1127.3% 1-year team growth+28%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • CenterPoint Venture Partners
  • Advent International
  • SSM Partners
  • Austin Ventures

Series B and later2 investors entered at this stage

  • Enron
  • Stephens Group

Other known investors4 additional known investors

  • Elsewhere Partners
  • Rho Canada Ventures
  • Rho Capital Partners
  • Rho Ventures
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
12 countries with
team presence
🇺🇸 United States78.8%
🇮🇳 India6.3%
🇨🇳 China2.5%
🇬🇧 United Kingdom2.5%
🇻🇳 Vietnam1.3%
Top 5 of 12 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Active Power on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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