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
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