Libattion AG
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Libattion AG - overview
Established
2018
Location
Zurich, -, Switzerland
Primary Industry
Energy Storage & Batteries
About
Founded in 2018 and based in Zurich, Switzerland, Libattion AG operates as a manufacturing company that designs and produces upcycled batteries and energy storage systems for industries and utilities. In June 2024, the firm raised EUR 14 million in venture funding led by investor A&G Energy Transition Tech Fund, with participation from other investors Teknia Manufacturing Group, S. L. U.
, HCapital Partners, and EBL. As of 2024, the company is headed by its CEO Stefan Bahamonde The company offers industrial energy storage solutions, i. e. green lithium battery technology.
Libattion offers two main products: the Energy Storage System (ESS) Battery Rack, ranging from 97kWh to 60MWh capacity, and the new Container Storage, scalable up to +60 MWh. These solutions cater to businesses facing challenges such as high energy demand during peak times, fluctuating renewable energy generation, and grid overload. The company plans to use the June 2024 funding to support its production of industrial energy storage solutions from upcycled EV batteries.
Current Investors
HCapital Partners, EBL, Teknia Manufacturing Group, S.L.U.
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.libattion.com
Verticals
Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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