About:Energy, a London, UK-based battery technology company, raised £1.5M in Seed funding.
The round saw participation from HighSage Ventures, Vireo Ventures, OakNorth Bank CEO Rishi Khosla, Plug and Play Ventures, Electric Revolution Ventures, Theodo CTO Fabrice Bernhard, Coltrane Asset Management Partners’ Laura Webster, Mandeep Manku, and Nick Banner, among many others.
The company intends to use the funds to accelerate the global adoption of its proprietary software platform (“The Voltt”), to scale their battery lab in London and expand the team.
Founded in 2021 by Gavin White and Kieran O’Regan, who spun out the company from leading UK universities Imperial College London and the University of Birmingham in 2021, About:Energy is a battery software company that focuses on building a portfolio of battery measurement and modelling capabilities to deliver a comprehensive software solution for battery design. The Voltt workflow, offering a comprehensive library of commercially available cells and their attributes alongside advanced modeling capabilities, facilitates decision-making around battery selection, design and supply, saving time and resources for any business bringing battery technology to market. The solution accelerates the adoption of sustainable technologies, extends the lifetime of battery systems, and reduces material requirements for products. Key activities include battery system design, lifetime prediction, and cell optimisation.
FinSMEs
09/06/2023