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EVO Power

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Turnkey battery energy storage systems for commercial and utility

Melbourne, AustraliaFounded 2019Energy
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for EVO Power and the history behind them.

About EVO Power

EVO Power, founded in 2019 by Jamie Allen and Allen Choi, is an Australian company specializing in Battery Energy Storage Systems (BESS). It designs, integrates, and commercializes turnkey power systems for commercial, industrial, and utility-scale projects. The company operates on a business-to-business model, partnering with developers, EPCs, renewable energy distributors, and utilities to deliver its solutions.

Headquartered in Bayswater, Victoria, with operations in the United States and South Korea, EVO Power has established a significant presence in the Australian Commercial and Industrial (C&I) market, capturing a notable market share. The company's offerings include a range of BESS products like the FLEX, NEO, and AMP series, which are designed to be scalable from 100kW to over 20MW. These systems integrate high-quality components from leading global manufacturers of batteries and inverters to ensure bankability and performance. The company also provides proprietary software for remote monitoring and control, with many systems ready for Virtual Power Plant (VPP) participation, allowing clients to trade energy.

In September 2025, EVO Power announced a capital raise of over $20 million USD through its parent company, LKA Pacific, to fund operational expansion in Australia and the US. This investment supports the development of its product portfolio and proprietary distributed energy resources (DER) control software. The company serves a diverse client base, including government organizations, hospitals, and factories, providing solutions for grid support, energy cost reduction, and EV charging infrastructure. EVO Power distinguishes itself by providing comprehensive local support, including project design, commissioning, and maintenance from its Australian and US facilities.

Source: Dealroom company data

At a glance

Founded
2019
Headquarters
Melbourne, Australia
Sector
Energy

Investors

4 investors on the cap table

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

Series B and later4 investors entered at this stage

  • Mirae Asset Venture Investment
  • Aju IB Investment
  • Gravity Private Equity
  • DS Investment Partners
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
1 countries with
team presence
🇵🇭 Philippines2%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EVO 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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