SAX Power GmbH

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SAX Power GmbH - overview

Established

2019

Location

-, -, Germany

Primary Industry

Energy Storage & Batteries

About

Based in Germany, SAX Power GmbH specializes in creating innovative battery storage solutions that enhance energy efficiency and independence for homes and businesses. SAX Power GmbH, founded in 2019 in Germany, focuses on advanced energy storage technologies. In October 2025, SAX Power GmbH raised EUR 10 million in venture funding led by new investor Yotta Capital Partners, with participation from another new investor Sparkassenkapital Ulm. Other unspecified investors also participated in the round.


SAX Power GmbH specializes in advanced energy storage solutions, offering products like the SAX Power Home series, which includes the SAX Power Home Plus and SAX Power Home. These systems are designed to convert direct current (DC) from renewable sources into alternating current (AC), utilizing intelligent cell management technology to enhance efficiency while minimizing costs. Their primary customers include homeowners and businesses throughout Europe, aiming to improve energy independence and reduce carbon footprints through innovative storage solutions. SAX Power GmbH generates revenue through direct sales of its energy storage systems, focusing on new installations and retrofitting existing photovoltaic systems.


Transactions typically involve the purchase of SAX Power Home units, which can be modularly expanded based on energy needs. The flagship product, SAX Power Home Plus, attracts premium customers due to its high efficiency and safety features, with additional revenue possible from future updates via the SAX Power app for remote monitoring. In October 2025, SAX Power GmbH raised EUR 10. 000 mn in venture funding to support the expansion of its storage technology and production capabilities at its Erbach facility, while broadening its product offerings.


The company aims to introduce new products designed to enhance energy storage solutions and plans to target new markets across Europe to further increase its market presence.


Current Investors

Yotta Capital Partners, Sparkassenkapital Ulm

Primary Industry

Energy Storage & Batteries

Sub Industries

Solar Power, Energy Storage & Batteries, Web Applications

Website

www.sax-power.net/

Verticals

Clean Technology, IoT (Internet of Things), Manufacturing, Mobile Apps

Company Stage

Series B

Total Amount Raised

Subscriber access only

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