Volterion GmbH

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Volterion GmbH - overview

Established

2016

Location

Dortmund, -, Germany

Primary Industry

Energy Storage & Batteries

About

Volterion GmbH specializes in advanced energy storage solutions with a focus on innovative Vanadium Flow-Battery systems. The company aims to optimize sustainable energy management for various applications across Europe. Founded in 2016 and headquartered in Dortmund, Germany, Volterion GmbH & Co. KG develops advanced energy storage technologies.


The company has completed 4 deals, with the latest being its Series A funding round in December 2019, raising USD 1. 20 mn from investors including High-Tech Gründerfonds and S-Venture Capital Dortmund. In December 2019, Friedrich Boysen GmbH & Co. acquired a majority stake in Volterion from Bay Venture bv, Fraunhofer Venture, High-Tech Gründerfonds, and S-Venture Capital Dortmund for an undisclosed amount.


The company's operations have not indicated any major pivots or transformations since its inception. Volterion GmbH specializes in the development and provision of advanced energy storage solutions, particularly through its innovative high-tech stacks designed for Vanadium Flow-Battery systems. These products are engineered to facilitate energy storage and management, optimizing the transition to sustainable energy solutions. Volterion collaborates closely with commercial customers, research institutions, and industrial partners to create tailor-made energy storage systems that cater to specific applications, utilizing various electrolytes.


The company’s flagship project, MISSION ENERGY AUTARKY, highlights its commitment to integrating heat pumps and thermal stratification storage with its energyFB systems, allowing users to dynamically manage both electricity and heat demands based on market conditions. Volterion’s products are positioned primarily within the European market, serving a diverse clientele that includes established companies, newcomers in the energy sector, and research and development centers. Volterion's revenue model is rooted in B2B transactions, where the company partners with various stakeholders, including manufacturers, research institutions, and energy solution developers. The company engages in strategic partnerships that involve the sale of its proprietary energy storage solutions, including its high-tech stacks and associated services.


The revenue structure encompasses direct sales and long-term contracts, ensuring ongoing support and maintenance for the systems provided. Volterion is well-positioned to capitalize on the growing demand for sustainable energy solutions, reflecting an increasing commitment from industries to adopt advanced energy storage technologies. Volterion is currently focusing on expanding its product line with upcoming innovations in energy storage technology aimed at enhancing efficiency and application versatility. The company has plans for geographical expansion into additional European markets by 2023.


The recent funding from the Series A round will be utilized to support the development of new technologies and to strengthen market presence in targeted regions. The investment received will also aid in scaling operations and enhancing customer engagement initiatives to better serve the growing demand for energy storage solutions.


Current Investors

Fraunhofer Venture

Primary Industry

Energy Storage & Batteries

Sub Industries

Energy Storage & Batteries

Website

www.volterion.com

Verticals

Clean Technology

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Volterion GmbH - employee data

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