Posts Tagged ‘Jeff Kostos’
KC startup’s sale charges strategy as battery innovator plugs into century-old tech firm
A Massachusetts tech company’s strategy to advance into new clean energy markets is now electrified thanks to the completed acquisition of Grandview-based Spear Power Systems — a leader in next generation battery storage systems for demanding land, sea and air applications. “The acquisition of Spear Power Systems enables us to deliver more comprehensive energy storage…
Read MoreGrandview-based battery innovator — Evergy Ventures’ first investment — exiting to global power player
A Kansas City-area startup developing next-generation scalable lithium-ion battery storage systems for land, sea and air is being acquired by a global power management leader, the companies announced Monday. [pullquote] Founded in 2013 by experienced energy storage entrepreneurs Jeff Kostos, president and CEO, and Dr. Joon Kim, CTO, Spear designs and manufactures safe, high performance…
Read MoreGlobal, KC investors charge Grandview-based battery innovator with 8-figure funding round
A Grandview-based leader in battery technology is building a charge for expansion as Spear Power Systems announced this week an eight-figure funding round with world-spanning reach and headline-grabbing international investors. “We are pleased with the quality and synergy of the syndicate,” said Jeff Kostos, president and CEO of Spear. “This investment enables Spear to scale…
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