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KORE Power
acquired by T1 EnergyCoeur D'Alene, US · Founded 2022 · 6 known investors
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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.
LG
Lindsay GorrillFounder & 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
EC
Evan CalioChief Financial Officer
JG
Jaime GualyChief Operating Officer
AB
Andreas BentzenChief Technology Officer
AM
Andy MunroChief Legal & Policy Officer
JW
Jack WuNamed on SEC filing
SP
Seema PhullNamed on SEC filing
JB
Jonathan BellowsNamed on SEC filing
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Fung (Angela) LiNamed on SEC filing
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Lingyu (Michelle) LiNamed on SEC filing
PC
Paul CoombsNamed on SEC filing
Investors · 6
Vermont Center for Emerging Technologies (VCET)listed by Vermont Center for Emerging Technologies (VCET)Burlington · $25K – $250K
How we know: Vermont Center for Emerging Technologies (VCET)'s portfolio page · Not right? Tell us
Honeywell VenturesreportedCharlotte
How we know: funding news · pv-magazine-usa.com · Not right? Tell us
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 EnergyRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 2
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Core PowerCORE POWER develops nuclear energy solutions designed for deployment in hard-to-decarbonize industries that require reliable, continuous power. The company focuses on engineering, certification, and delivery of scalable nuclear systems grounded in physics and regulatory compliance.
Companies working in the same space as KORE Power.
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.