Lunar Energy, a US startup specializing in energy storage systems, has secured $232 million in funding to expand its AI-powered energy storage system for residential use. The company aims to help consumers save money on electricity bills by intelligently learning patterns of electricity consumption and utilizing solar energy efficiently. Investors believe Lunar is outperforming competitors like Powerwall with their technology, and they are noted for their Gridshare platform used by Sunrun in various markets. Lunar Energy's CEO, Kunal Girotra, previously worked at Tesla Energy and launched the company in 2020 to help homes become active participants in a smarter, more resilient grid through its innovative energy storage solutions.