Moment Energy

Canada - Port Coquitlam, British Columbia

• 17/11/2021
• Pre-Seed
• $3,500,000

Want to save the world? So do we.

That’s why we started Moment Energy, a cleantech company that’s helping to build a sustainable economy through energy storage systems made from repurposed electric vehicle batteries. We keep people’s lights on, and their batteries from ending up in landfills.

As an impact-driven organization, Moment's goal is to provide a reliable and environmentally friendly energy storage solution for our customers. We’re the only Canadian company working with Nissan North America and other world renowned automakers to repurpose their EV batteries. We're a proud Canadian-owned and operated company founded by four tech entrepreneurs, with a mission to provide worldwide access to clean, reliable and affordable power.

Our solution helps off-grid customers reduce diesel consumption and transition to renewables, and also provides peak shaving and backup power for commercial and industrial customers.

Moment Energy was recognized as the Grand Prize Winner of the 2021 National Impact Investor Challenge held by Spring Activator in June 2021. On October 4th, 2021, we placed third in the 2021 New Ventures BC Competition, British Columbia’s largest annual tech startup competition. We’re a fast-paced, VC-funded company backed by major Canadian and US Venture Capital and Climate Funds including Version One Ventures and Fika Ventures.

Related People

Edward ChiangFounder

Canada - Richmond, British Columbia,

I’m Eddy Chiang, Co-founder and CEO of Moment Energy based out of Vancouver
At Moment, we are repurposing electric vehicle batteries to create sustainable energy storage systems for microgrid, commercial and industrial customers. Our solution helps with peak energy demands and can be paired with any renewable source to solve energy intermittency and increase energy reliability.
We are working closely with Nissan North America, the City of Seattle transit, and three additional Auto Manufacturers to be their first second life company to repurpose their EV batteries in North America for second-life applications.

With our solution we are also able to lower the levelized cost of storage as well as prevent new lithium from being mined to create energy storage, helping customers reach their ESG goals. We started this company after living in rural Canada and realizing Canadians living just 2 hours north of Ottawa experience power outages of up to 1-2 weeks. At the same time we found that after an EV has been driven for 8-10 years, these batteries often end up in landfills even though there is an average of 80% life left in them. By upcycling these batteries, our mission is to provide worldwide access to clean, reliable and affordable power!

Sponsored by the Department of National Defense, I have flown ultralight gliders for 3 years and obtained my private pilot license which I now continue in my tenth year flying as an Officer in the Canadian Forces as a familiarization pilot teaching 12-18 year olds the passion of soaring the skies.

LinkedIn https://www.linkedin.com/in/chiangedward/