Skeleton Technologies OÜ

Skeleton Technologies, headquartered in Tallinn, Estonia, specializes in high-performance energy storage solutions, focusing on supercapacitors and innovative battery technologies designed for a variety of demanding applications. Founded in 2009, Skeleton Technologies OÜ is a pioneer in energy storage solutions, primarily known for its supercapacitors and SuperBattery technology. The company has received significant investments, including a SERIES D funding round in October 2023, raising EUR 37. 60 mn led by Skaala.

Ceo Taavi Madiberk has been instrumental in shaping the company's strategies and growth since its inception. Skeleton Technologies specializes in high-power energy storage solutions, focusing on supercapacitors and their proprietary SuperBattery technology. These products cater to applications in AI data centers, automotive systems, heavy transportation, and grid stability. The GrapheneGPU system and the SuperBattery offer efficient power delivery and fast-charging solutions for high-demand environments, serving clients in Europe, North America, and Asia across sectors like data centers, automotive, and utilities.

In 2023, Skeleton Technologies reported a revenue of EUR 9,139,297. 50 with an EBITDA of EUR -831,046. 50. The company's revenue is generated through direct B2B sales of its energy storage solutions, establishing contracts with clients in energy-intensive industries, ensuring tailored solutions to meet specific operational needs.

In October 2023, Skeleton Technologies OÜ raised EUR 108 million in a funding round, which will be utilized to further develop and manufacture its advanced battery technology. The company aims to expand its product offerings and increase its market footprint in various regions, targeting new markets in North America and Asia over the next two years. This strategic approach is designed to enhance its technological capabilities and better serve the energy storage needs of diverse industries.