Element Energy (Series B)

Funding Details
Awarder
SemiNews
Date Award
November 14, 2023
Vertical
Battery Management Technology
Funding URL
View Funding Page

Company Info
Founding Year
2019
Traction
Element Energy has received and screened nearly 2 GWh of second life batteries to date and is diligently working with partners towards deployment in utility-scale applications before the end of the year.
Organizations Involved
Mitsubishi Heavy Industries, Ltd. (MHI), Drive Catalyst, FM Capital, AFW Partners, LG Technology Ventures, Edison International (NYSE: EIX), Prelude Ventures, Radar Partners
Founders
Dr. Tony Stratakos
Company Description
Element Energy is a startup with technology that significantly improves the performance, reliability and cost of large battery packs.
Market
Energy Storage
Location
Menlo Park, CA, US
Coinvestors
Mitsubishi Heavy Industries, Ltd. (MHI), Drive Catalyst, FM Capital, AFW Partners, LG Technology Ventures, Edison International (NYSE: EIX), Prelude Ventures, Radar Partners

Links
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