Moment Energy

Moment Energy provides battery energy storage systems (BESS) built from repurposed electric vehicle batteries, delivering clean, reliable, and affordable energy storage for commercial and industrial customers. The company Luna BESS is the first repurposed battery system globally to achieve UL 1973, UL 9540, and UL 9540A certifications, ensuring the highest safety standards for stationary energy storage. The system supports applications including demand charge reduction through intelligent peak management, backup power during grid disruptions, EV fleet charging without grid strain, renewable energy integration for grid independence, and revenue generation through energy arbitrage. Moment Energy serves data centers, public institutions, transportation, food and beverage, paper and forestry, and manufacturing sectors. Each BESS is connected to a secure cloud-based platform providing 24/7 remote monitoring, data logging, and performance insights. The repurposed EV batteries unlock an additional 10-15 years of useful life in stationary storage, with systems designed for 10+ year service life. Founded in 2020 and headquartered in Port Coquitlam, Canada, Moment Energy has raised $100 million in Series B funding from investors including In-Q-Tel, The Climate Pledge, Version One Ventures, Fika Ventures, Liberty Mutual Investments, TD Bank, Evok Innovations, and Voyager.