# Johnson Energy Storage funding: rounds and investors

> Johnson Energy Storage has raised $16M across 2 rounds since 2024. Investors include Innovate Alabama, Magic Johnson and Myles Garrett.

Source: https://millionrounds.com/company/johnson-energy-storage (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Johnson Energy Storage*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech Energy

Funding summary Updated 26 Oct 2026

**$16M** raised across 2 rounds since 2024, from 2 sources

**$15M** Venture **$1.0M** Round

- **Latest round:** Round, $1.0M Oct 2024
- **Led by:** Innovate Alabama
- **Biggest round:** $15M Venture · Sept 2024
- **Investors:** 4 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025

**$15M** Venture

**$1.0M** Round

- **First round:** Venture, $15M
- **Biggest round:** $15M
- **Between rounds:** 2 months

## The rounds

- **Oct 2024** Round **$1.0M** *4 new* [Innovate Alabama](https://millionrounds.com/fund/innovate-alabama) Lead [Magic Johnson](https://millionrounds.com/fund/magic-johnson) [Myles Garrett](https://millionrounds.com/fund/myles-garrett) [Southern Company Electrotechnologies](https://millionrounds.com/fund/southern-company-electrotechnologies) Reported by Firms' own news pages SEC filing: $11M sold, first sale Jan 2024
- **Sept 2024** Venture **$15M** No investor was named in the report. Source recorded SEC filing: $11M sold, first sale Jan 2024

## Founders and team

From Johnson Energy Storage's own website: 2 founders, 5 on the team.

**Clyde Tuggle** Co-Founder at Pine Island Capital Partners

**Dr. Lonnie G. Johnson** Founder / Chairman of the Board

- **Brandon Martin** Chief Executive Officer
- **Adrian Grant** Chief Science Officer
- **Bert Ellis** Chief Operating Officer / Lead Director
- **Matt Lawn** Chief Financial / Administrative Officer
- **Ian Campbell** VP – Engineering

Advisers *Mack Wilbourn*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2024 **Round** 2024 [Innovate Alabama](https://millionrounds.com/fund/innovate-alabama) L [Magic Johnson](https://millionrounds.com/fund/magic-johnson) [Myles Garrett](https://millionrounds.com/fund/myles-garrett) [Southern Company Electrotechnologies](https://millionrounds.com/fund/southern-company-electrotechnologies)

## Everyone who backed them

[Innovate Alabama](https://millionrounds.com/fund/innovate-alabama) Government **1** round, led 1

[Magic Johnson](https://millionrounds.com/fund/magic-johnson) Investment firm **1** round

[Myles Garrett](https://millionrounds.com/fund/myles-garrett) Investment firm **1** round

[Southern Company Electrotechnologies](https://millionrounds.com/fund/southern-company-electrotechnologies) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=johnson-energy-storage).

## Quick answers about Johnson Energy Storage

### Who invested in Johnson Energy Storage?

Johnson Energy Storage's investors include Innovate Alabama, Magic Johnson, Myles Garrett and Southern Company Electrotechnologies. Innovate Alabama led its latest round.

### How much has Johnson Energy Storage raised?

Johnson Energy Storage has raised $16M across 2 rounds since 2024.

### When did Johnson Energy Storage last raise?

Johnson Energy Storage's most recent round was an Undisclosed round of $1.0M in Oct 2024, led by Innovate Alabama.

### What was Johnson Energy Storage's biggest round?

Johnson Energy Storage's largest round on record is $15M (Venture), in Sept 2024.

### Who backed Johnson Energy Storage first?

Johnson Energy Storage's first round on record, in Oct 2024, was backed by Innovate Alabama, Magic Johnson and Myles Garrett and 1 others.

### What stage is Johnson Energy Storage at?

Johnson Energy Storage's latest named round is an Undisclosed round, in Oct 2024.

### Where is Johnson Energy Storage based?

Johnson Energy Storage is based in the United States.

### Who led Johnson Energy Storage's rounds?

Innovate Alabama led the Undisclosed round in 2024.

## Companies like Johnson Energy Storage

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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