Lavle, a Burlington, Wash-based supplier and developer of superior battery technologies and energy storage systems (ESS) for the renewable energy, marine, rail transportation, aviation, defense, and other markets, received a round of funding from Ocean Zero.
The amount of the deal was not disclosed.
The company intends to use the funds to further support its mission of enabling carbon reduction through its technologies.
The funding further validates a year of incredible momentum for LAVLE. In June, the company launched its flagship Proteus Lithium-Ion Battery Energy Storage System (Proteus ESS), designed to overcome the limitations of conventional lithium-ion storage technologies.
Led by CEO Dr. Jason Nye, Lavle is a supplier of battery technologies and energy storage systems (ESS) for the marine, rail, renewable energy, defense and other markets that are significant net generators of greenhouse gases. The company’s technologies are propelling the electrification and hybridization of vessels, machinery, and infrastructure around the world.