Urban Electric Power develops, manufactures and sells rechargeable zinc alkaline battery technology.
Urban Electric Power revolutionizes the traditional alkaline battery (e.g Double AA) transforming it into a powerful rechargeable alkaline battery. Incumbent battery solutions are falling short to meet the needs of changing energy infrastructure. UEP spun out of federal and state research funds from the City University of New York Energy Institute. Developing nations utilize toxic lead-acid to solve challenges with electricity access and intermittency. The Urban Electric Power battery utilizes earth-abundant materials from existing supply chains mined within ally nations, ensuring safe supply. Urban Electric Power envisions a future with clean renewable energy and safe battery technology to meet these challenges.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jun 25, 2013 | Grant | $224.90K | 1 | National Science Foundation | — | Detail |
Investor Name | Lead Investor | Funding Round |
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National Science Foundation | Yes | Grant |