Funding Details
- Awarder
- SemiNews
- Date Award
- July 11, 2023
- Vertical
- Battery Technology
- Funding URL
- View Funding Page
Company Info
- Founding Year
- N/A
- Traction
- Allye is targeting the installation of 10,000 Max units by 2030, providing an installed capacity of 3GWh. They have plans to generate £8.5 million in revenue next year and £45 million in 2025.
- Organizations Involved
- Elbow Beach Capital, Alpha Future Funds
- Founders
- Jonathan Carrier
- Company Description
- Allye provides distributed energy storage at the grid edge working in partnership with electricity networks to accelerate decarbonisation while enabling end-users to lower energy costs by up to 50%. Allye's first solution, the Max, is the world’s first mobile energy storage system that repurposes healthy battery packs from electric vehicles.
- Market
- Energy Storage
- Location
-
London,
N/A,
United Kingdom
- Coinvestors
- Alpha Future Funds
Links