
Our Take
Alex Meek looked at the energy industry and saw a problem that's been staring everyone in the face for decades: we have these massive, expensive batteries sitting in buildings doing nothing until the grid goes down, but what if you could move that power wherever it's needed? That's Moxion Power Co., and they've already convinced Amazon, Microsoft, and Energy Impact Partners to put up over $150 million to find out. The bet is paying off—Moxion delivered over $100 million in revenue in year one, making it one of the largest mobile energy storage manufacturers in the US. Not bad for a Y Combinator W21 grad who's also a venture capital investor on the side.
Here's the thing about mobile energy storage: the grid is crumbling, renewable energy is intermittent, and everyone needs backup power that doesn't require a $50,000 permanent installation. Moxion's units roll up to construction sites, data centers, hospitals, events—anywhere there's a power need and no infrastructure. It's battery-as-a-service meets Uber for electricity. Before Moxion, Alex founded Newday, a value-driven asset management firm now overseeing $175 million. The man doesn't just spot trends, he builds companies that capitalize on them.
This is the boring infrastructure that's actually going to change everything. While everyone chases AI chatbots, Moxion is out here making sure the lights stay on. The energy storage market is projected to hit $35 billion by 2030 and mobile solutions are the fastest-growing segment. Alex Meek already proved he can build a $100M revenue company in year one. The question isn't whether mobile energy storage is the future—it's whether Moxion Power Co. will own it.
Key Facts
The people behind Moxion Power Co.
Alexander Meek
profileFounder
Alex is a venture capital investor, former founder and W21 YC alum. As a former startup operator, Alex was the co-founder and President at Moxion, one of the largest mobile energy storage manufacturer
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