🦊/Companies

KORE Power

acquired by T1 Energy

Coeur D'Alene, US · Founded 2022 · 6 known investors

Find your way into KORE Power

239 people in our graph share verified history with the KORE Power team — schools, employers, funds. One of them is your warm intro.

Kelly Bennettunlockedknows Lindsay Gorrill · together at Simon Fraser University
×5knows the team · via Simon Fraser University
×6knows the team · via Chartered Professional Accountants of Canada (CPA Canada)

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 Gorrill.

LGLindsay Gorrill
Lindsay GorrillinFounder & Board MemberLindsay Gorrill has 28 years of experience developing and scaling companies globally, including building manufacturing facilities and mines across India, Germany, Canada, and the United States, along with establishing markets for those operations. As founder and board member of KORE Power, she is developing battery manufacturing and energy storage production in Texas.
DB
Daniel BarceloChief Executive Officer & Chairman of the Board
ECEvan Calio
Evan CalioChief Financial Officer
JGJaime Gualy
Jaime GualyChief Operating Officer
ABAndreas Bentzen
Andreas BentzenChief Technology Officer
AMAndy Munro
Andy MunroChief Legal & Policy Officer
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

Investors · 6

Also in the syndicate · 4

Nidec MotorQuanta ServicesSiemens Financial ServicesTrog Hawley Capital

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.

In the news

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 Gorrill in 2022.
Who are KORE Power's investors?
KORE Power's investors include Vermont Center for Emerging Technologies (VCET), Honeywell Ventures.
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.