What is AA Portable Power?
Founded in 2000 by former BYD USA team members, AA Portable Power Corp. (dba: Batteryspace.com) has evolved into a specialized provider of rechargeable batteries and chargers. The company's extensive product line includes Nimh, Nicd, Lead Acid, Li-ion, Polymer, LiMnO, and LiFePO4 batteries, alongside PCB/PCM/BMS components and chargers. With a 20,000 SqFt warehouse and two battery assembly lines in Richmond, California, complemented by operations in Shenzhen, China, AA Portable Power serves a global clientele. Beyond product sales, the company offers custom battery design expertise and maintains inventory for scheduled orders, leveraging over a decade of sales and engineering experience. In 2014, they established their own UN38.3 Safety Testing Lab to support customer needs.
How much funding has AA Portable Power raised?
AA Portable Power has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in AA Portable Power
PPP
Public-Private Partnership
What's next for AA Portable Power?
The recent major strategic investment indicates a phase of scaling and potentially expanding its manufacturing capabilities or market reach. Given the company's focus on diverse battery chemistries and custom solutions, this capital is likely to fuel advancements in product development, enhance supply chain logistics, and potentially explore new market segments requiring specialized power solutions. The company's established infrastructure and technical expertise position it for continued growth in the dynamic energy storage market.
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