Connected Energy

A world-leading manufacturer of battery energy storage systems using second life EV batteries πŸ”‹βš‘

General Information
Company Name
Connected Energy
Founded Year
2010
Location (Offices)
Newcastle Upon Tyne, United Kingdom +2
Founders / Decision Makers
Number of Employees
45
Industries
Energy, Renewable Energy, Energy Storage
Funding Stage
Series Unknown
Social Media

Connected Energy - Company Profile

Connected Energy is a UK-based startup that specializes in manufacturing battery energy storage systems using second-life EV batteries. Established in 2010, the company has positioned itself as a global leader in this sector. The cutting-edge technology developed by Connected Energy enables businesses across the UK and Europe to store electricity from renewable sources such as PV and wind or from the grid, optimizing its usage to meet their needs. One of the key aspects that sets Connected Energy apart from its competitors is its unique ability to rejuvenate and repurpose end-of-life electric vehicle batteries for energy storage. This approach not only addresses power challenges faced by businesses but also contributes significantly to sustainability efforts by offering a more environmentally friendly energy solution. The latest Β£15.00M Venture Round investment on June 17, 2022 demonstrates the confidence of investors such as OurCrowd, Caterpillar Ventures, Low Carbon Innovation Fund, Mercuria, Volvo Group, and the Hinduja Group in the potential and vision of Connected Energy. Connected Energy operates within the Energy, Renewable Energy, and Energy Storage industries, aligning with the global shift towards a low-carbon future. The company's slogan, "A world-leading UK manufacturer of battery energy storage systems using second life EV batteries," reflects its commitment to pioneering sustainable energy solutions. By effectively leveraging EV batteries as an energy store, Connected Energy emerges as a catalyst for positive environmental impact and a key player in shaping the future of clean energy.

Taxonomy: Battery Energy Storage, Circular Economy, Low-carbon Mobility, Energy Transition, Electric Vehicle Batteries, Energy Storage Technology, Renewable Generation, Solar Power, Wind Power, Grid Energy Storage, Energy Management, Sustainable Energy Solutions, Clean Energy Future, Environmental Impact

Funding Rounds & Investors of Connected Energy (10)

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Funding Stage Amount No. Investors Investors Date
Venture Round Β£15.00M 6 Hinduja Group 17 Jun 2022
Grant Unknown 1 05 Jan 2021
Venture Round Β£1.20M 3 Sumitomo Corporation Europe Limited 05 Jan 2021
Venture Round Β£350.00K - 29 Sep 2020
Venture Round Β£5.00M - 20 Jun 2019

View All 10 Funding Rounds

Latest News of Connected Energy

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No recent news or press coverage available for Connected Energy.

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