Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: huelskamp Clear Filter

Battery startup Moxion went bankrupt. Now its founder is back to ‘finish what we started.’

Just over a year ago, Moxion Power closed its doors, adding its name to a list of high-profile bankruptcies that roiled the climate tech world in 2024. The portable battery startup had raised more than $110 million in a bid to replace diesel generators at festivals and construction sites, but even that wasn’t enough to get it through the valley of death. Moxion laid off more than 400 employees and its assets were liquidated. Now, the startup’s co-founder, Paul Huelskamp, and several former Moxi

Battery startup Moxion went bankrupt. Now its founder is back to ‘finish what we started’

Just over a year ago, Moxion Power closed its doors, adding its name to a list of high-profile bankruptcies that roiled the climate tech world in 2024. The portable battery startup had raised more than $110 million in a bid to replace diesel generators at festivals and construction sites, but even that wasn’t enough to get it through the valley of death. Moxion laid off more than 400 employees and its assets were liquidated. Now, the startup’s co-founder, Paul Huelskamp, and several former Moxi