Batteryfly Smart Energy
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Batteryfly Smart Energy - overview
Location
Paterna, -, Spain
Primary Industry
Power & Utilities
About
Based in Spain, Batteryfly Smart Energy specializes in the remanufacturing and repurposing of electric vehicle batteries, providing innovative solutions for energy storage and electromobility. Batteryfly Smart Energy focuses on enhancing the lifecycle of electric vehicle batteries through advanced processes. The company is headquartered in Paterna, Spain. Founded by individuals with experience in the energy sector, Batteryfly has secured a single investment round, highlighting its potential in the market.
On March 4, 2026, Grupotec, a portfolio company of Baring Private Equity Partners Espana, acquired a 25% minority stake in Batteryfly, further bolstering its operational capabilities and future growth. Batteryfly Energy specializes in the remanufacturing and repurposing of electric vehicle batteries through semi-automated processes. The company transforms batteries that have reached the end of their useful life or exhibit production deficiencies, providing second-life solutions tailored for key sectors in electromobility and energy storage. Their main offerings include large-scale energy storage systems with capacities ranging from 500 kWh to 4 MWh, ideal for renewable energy installations and industrial applications.
Additionally, Batteryfly implements systems that support high-power charging stations and integrates with photovoltaic generation systems to optimize energy costs. The company primarily serves clients in the European market who are seeking sustainable energy solutions, including businesses in the renewable energy sector, electric vehicle charging infrastructure, and companies aiming for environmentally friendly operations. Batteryfly Energy generates revenue through direct sales of its reconditioned battery solutions and energy storage systems to corporate clients, municipalities, and energy providers. The transaction structure typically involves B2B engagements where clients purchase battery systems or enter long-term agreements for energy storage solutions.
The company may also offer maintenance and support services as part of these arrangements, ensuring ongoing performance and compliance with safety and quality standards. Given the regulatory framework and quality certifications such as UNE-EN 62619 and ISO 9001, Batteryfly's products command a premium in the market, reflecting their reliability and adherence to safety protocols. The company’s flagship services focus on providing certified second-life batteries that contribute to a sustainable energy model, enhancing both their value proposition and revenue potential within the growing green technology sector. Batteryfly Smart Energy aims to expand its product line by launching innovative energy storage solutions tailored to emerging market needs.
Plans are underway to penetrate new European markets, targeting regions with growing demand for sustainable energy solutions by 2027. The recent acquisition by Grupotec will facilitate the company's next growth phase, enhancing its capabilities to meet these strategic initiatives. The funding acquired will support product development and market expansion efforts, ensuring Batteryfly remains at the forefront of green technology.
Current Investors
Grupotec
Primary Industry
Power & Utilities
Sub Industries
Electric Utilities, Power Generation Equipment & Services, Energy Storage & Batteries
Website
www.batteryfly.energy
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Batteryfly Smart Energy - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Batteryfly Smart Energy | - |
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