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UniGrid

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Exploring solid-state battery chemistries that are low-cost, safe, long-lasting, recyclable, and sustainable for stationary energy storage applications

San Diego, United StatesFounded 2021Energy
Valuation $50–100M Last recorded · 2024
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 UniGrid and the history behind them.

About UniGrid

UniGrid is a San Diego-based company at the forefront of advanced sodium-ion battery technology, spun off from the University of California, San Diego in 2021. The company's foundation is the doctoral research of its co-founders, Dr. Darren H. S. Tan (CEO) and Dr. Erik A. Wu (CTO), who were advised by prominent figures in the battery field. Their academic work laid the groundwork for the company's mission to develop safer, more affordable, and sustainable energy storage solutions.

UniGrid manufactures advanced sodium-ion batteries for the stationary energy storage and electric mobility markets. The company targets residential, commercial, and utility-scale clients, as well as the light electric vehicle sector. Its business model revolves around producing and selling these next-generation batteries, which are designed to be a "drop-in" replacement for conventional lithium-ion (Li-ion) batteries, leveraging existing manufacturing infrastructure to scale production rapidly. This compatibility allows customers and system integrators to switch to UniGrid's technology without needing highly customized equipment.

The company's core product is a sodium-ion battery that entirely avoids the use of lithium, cobalt, nickel, and copper, relying instead on abundant and sustainable materials. This approach addresses the supply chain vulnerabilities and high costs associated with traditional Li-ion chemistries. A key technological differentiator is its proprietary alloy anode, which doubles the volumetric energy density of standard sodium-ion batteries, making it competitive with and even exceeding that of lithium iron phosphate (LFP) batteries. UniGrid's batteries feature exceptional safety, having passed UN 38.3 and UL 9540A cell-level certifications, and demonstrate remarkable durability with a lifespan of up to 10,000 cycles. They also operate across a wide temperature range, from -40°C to 60°C, and support high-power applications with fast charging and discharging capabilities. To accelerate its market entry, UniGrid secured a $12 million Series A funding round in June 2024 and a $2.9 million grant from the California Energy Commission to establish a pilot production facility in San Diego.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
San Diego, United States
Employees
11
Open positions
None listed
Dealroom signal
76.9/100
Industry
Energy
Sub-industry
Energy Storage
Sector
Energy, Battery, Spinout, Sustainable Development Goals, Climate Tech, Stationary Energy Storage, Alternative Battery Chemistry, Sodium-Based Battery, DT and LS
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jun 2024 $12M $48M LG Technology Ventures · Foothill Ventures · Union Square Ventures · Ritz Venture Capital ↗
SPINOUT✓Other financing Jun 2022 $0 — University of California, San Diego ↗
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Growth signals

UniGrid website traffic

Latest recorded traffic for UniGrid is 9.7K monthly website visits, up 321.7% over the last three months. UniGrid's team grew 83.3% over the past year.

Latest monthly visits9.7K 3-month web change+321.7% 1-year team growth+83.3%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

9 investors on the cap table

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

Series A5 investors entered at this stage

Other known investors4 additional known investors

Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
2 countries with
team presence
🇺🇸 United States87.5%
🇦🇺 Australia12.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

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