Relectrify is a disruptive force in the energy storage sector, boasting cutting-edge proprietary electronics and software. The company, which originated from research at the University of Melbourne in 2015, has established collaborations with major industry players such as Nissan and American Electric Power. Supported by prominent clean energy investors like Toyota Ventures and Australia's Clean Energy Finance Corporation, Relectrify is on a mission to revolutionize battery energy storage. Its technology not only enhances battery longevity, throughput, safety, and reliability but also reduces costs. With its headquarters in Australia, Relectrify recently secured a substantial $17.00M Series B investment on 29 May 2024, with backing from Creative Ventures, GS Futures, Clean Energy Innovation Fund, Toyota Ventures, At One Ventures, Energy Innovation Capital, NOAB Ventures, and John Clifford.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $17.00M | 8 | NOAB Ventures, John Clifford | 29 May 2024 |
Series A | $9.30M | 9 | Peter Los, NOAB Ventures +1 | 25 Jan 2023 |
Series A | $6.50M | 8 | Peter Los, NOAB Ventures +1 | 25 Aug 2021 |
Grant | $1.48M | 1 | Australian Renewable Energy Agency | 25 Feb 2021 |
Seed Round | $2.50M | 1 | 22 Jan 2019 |
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