Rivus Batteries has secured projects with the Swedish Energy Agency and a spot in the Vinnova Deep Tech Accelerator Program, totaling €545,000. The company is close to completing its first pre-commercial product and aims to reveal its first full-scale prototype in the second half of 2024.
Organizations Involved
xista science ventures, NAVCAP AB, EIT InnoEnergy, Swedish Energy Agency, Vinnova
Founders
Dr. Cedrik Wiberg, Andreas Kölling
Company Description
Rivus Batteries is a climate tech startup developing novel organic flow battery technologies with the aim to halve the cost and climate footprint of grid-scale energy storage by replacing heavy metal-based electrolytes with organic electrolytes in new flow batteries. The company focuses on deploying metal-free batteries for renewable energy storage, contributing to Europe's energy transition towards predominantly renewable energy sources.