Paladin Power, with a valuation of $67 million, is raising funds on Wefunder. It is an energy storage solution provider that uses its proprietary system to power residences in the US. Paladin Power’s Energy Storage system (ESS) allows homeowners and small businesses to power their buildings with the system and use the centralized grid as backup. The Paladin Power ESS has a stackable battery bussing system and scalable inverters that do not require any wiring to add additional capacity. The business launched its products in 2023 and has $1.2 million in sales to date. Ted Thomas founded Paladin Power in April 2022. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $5 million. The campaign proceeds will be used for manufacturing, software, R&D, legal and patents, marketing, general and administrative expenses, and engagement with JABIL for large-scale manufacturing and work with PPA on volume sales.