Moixa Technology

About Moixa Technology

Moixa Technology, founded in 2004 by Simon Daniel and Chris Wright, began its journey by introducing the USBCell, a rechargeable battery with an integrated USB connector. This early focus on portable power evolved into a sophisticated cleantech enterprise centered on smart energy management. Daniel, with a background from Accenture and a degree from Cambridge University, teamed up with Wright, an architect and Cambridge-educated designer, channeling their combined expertise from mobile technology and product design into reinventing energy storage. Their path from creating consumer electronics to developing grid-scale software solutions illustrates a deep-seated drive to address energy infrastructure challenges.

In a significant milestone, Moixa was acquired by the US-based Lunar Energy in August 2022, a move designed to scale Moixa's software globally. This transaction integrated Moixa into Lunar's broader mission of worldwide home electrification, backed by investors like ITOCHU, Honda, Sunrun, and SK Group. Prior to the acquisition, Moixa had established a major presence, particularly in Japan, where it managed one of the world's largest fleets of residential batteries.

The core of Moixa's business is its GridShare software, a cloud-based platform that uses artificial intelligence and machine learning to optimize energy storage and distribution. This technology serves a diverse client base, including battery and EV charger manufacturers, utilities, and residential customers. The business model involves licensing the GridShare software to partners, who in turn offer enhanced value to their end-users. For residential clients with solar panels and batteries, GridShare creates personalized charging plans based on energy consumption patterns, solar generation, and time-of-use tariffs to minimize energy bills.

For business clients, such as utilities and fleet operators, GridShare aggregates distributed energy resources like home batteries and electric vehicles to form virtual power plants (VPPs). These VPPs provide crucial flexibility services to the grid, helping to balance supply and demand, manage network constraints, and integrate more renewable energy without the need for costly infrastructure upgrades. The platform offers partners a dashboard for real-time monitoring, fleet performance analysis, and remote customer support. Notable collaborations include managing over 35,000 batteries for ITOCHU in Japan, developing smart charging solutions for Honda in Europe, and optimizing EV fleet charging for UPS in the UK.