Aston Power Raises $20 Million to Boost Energy Storage Innovations
Aston Power, based in Raleigh, North Carolina, has successfully closed a $20 million funding round. The funding round, which took place on June 16, 2026, was led by TDK Ventures and Building Ventures, with additional participation from JLL Spark Global Ventures. Aston Power specializes in developing advanced energy storage solutions, aiming to enhance the efficiency and sustainability of energy systems.
Leadership and Vision
The company is steered by a team of experienced leaders, including Co-Founder and CEO Greg Robinson, Co-Founder and CTO Ed McKenzie, and Co-Founder and General Counsel Kha Dang. The leadership team is focused on leveraging this new capital to advance their technology and expand their market presence.
"This funding will allow us to accelerate our product development and expand our reach in the energy sector," said Greg Robinson, CEO of Aston Power.
Strategic Use of Funds
The newly acquired funds are earmarked for several key initiatives. Aston Power plans to invest in product development to enhance the capabilities of their energy storage solutions. Additionally, the company intends to expand its team to support growth and drive further innovation. These strategic moves are aimed at solidifying Aston Power's position as a leader in the energy storage market.
Investor Confidence
The participation of leading investors like TDK Ventures, Building Ventures, and JLL Spark Global Ventures underscores the confidence in Aston Power's potential to impact the energy sector significantly. These investors bring not only capital but also strategic insight and industry connections that can help Aston Power achieve its ambitious goals.
Conclusion
Aston Power's recent funding round marks a significant milestone in its journey to revolutionize energy storage solutions. With a strong leadership team and a clear vision for the future, the company is well-positioned to make substantial advancements in the energy industry.