Fundraising Fox

KORE Power

acquired by T1 Energy

Coeur D'Alene, US · Founded 2022 · 1 known investors

KORE Power (T1) is developing energy storage and battery manufacturing in Texas, with a headquarters in Austin and a factory south of Dallas. The company focuses on advancing the transition to new energy technologies through domestic U.S. manufacturing.

Founders & leadership

KORE Power was founded in 2022 by Lindsay E. Gorrill and Lindsay Gorrill.

LELindsay E. Gorrill
Lindsay E. GorrillCo-founder
LGLindsay Gorrill
Lindsay GorrillFounder & Board Member
JW
Jack WuNamed on SEC filing
SP
Seema PhullNamed on SEC filing
JB
Jonathan BellowsNamed on SEC filing
F(
Fung (Angela) LiNamed on SEC filing
L(
Lingyu (Michelle) LiNamed on SEC filing
PC
Paul CoombsNamed on SEC filing
AN
Alexander NickolatosNamed on SEC filing
GM
Gordon McCullochNamed on SEC filing
DK
Daniel KenneyNamed on SEC filing
DB
Daniel BarceloChief Executive Officer & Chairman of the Board

Investors · 1

Reported raises · per SEC filings

Form D private placements

$75.1M disclosed across 1 round · 2022

$75.1MraisedDec 2022 · 6 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Jack WuExecutive Officer
  • Seema PhullExecutive Officer
  • Jonathan BellowsExecutive Officer
  • Lindsay E. GorrillExecutive Officer, Director
  • Fung (Angela) LiDirector
  • Lingyu (Michelle) LiDirector
  • Paul CoombsExecutive Officer, Director
  • Alexander NickolatosExecutive Officer
  • Gordon McCullochDirector
  • Daniel KenneyDirector
Offering amount
$150M
Amount sold
$75.1M
First sale
Nov 2022
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Companies competing with KORE Power for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does KORE Power do?
KORE Power (T1) is developing energy storage and battery manufacturing in Texas, with a headquarters in Austin and a factory south of Dallas. The company focuses on advancing the transition to new energy technologies through domestic U.S. manufacturing.
Who founded KORE Power?
KORE Power was founded by Lindsay E. Gorrill, Lindsay Gorrill in 2022.
Who are KORE Power's investors?
KORE Power's investors include Vermont Center for Emerging Technologies (VCET).
How much funding has KORE Power raised?
KORE Power has disclosed $75.1M raised across 1 round.
Who acquired KORE Power?
KORE Power was acquired by T1 Energy.
Where is KORE Power headquartered?
KORE Power is headquartered in Coeur D'Alene, US.