AQUABATTERY raises €6.0M Seed round

22 April 2024· Alphen aan den Rijn, The Netherlands· energy, energy_storage, materials, sustainable_technology, b2b, software_hardware

The capital will be used to develop AQUABATTERY's first standardized battery module, boost the hiring of top-tier talent, expand operations and development efforts, and bring its saltwater long-duration energy storage (LDES) solution to the European market by 2026.

Investors

LeadEIT InnoEnergy
Also participating
Invest-NLInit PowerInnovationQuarterbusiness angels

About AQUABATTERY

Key People
Jiajun CenFounder & CEO
Armin MichelCTO
Janneke Tjon Pian Gi - StuijfzandCCO
Emil GoosenCo-founder & COO
Stage
Seed
Headquarters
Alphen aan den Rijn, The Netherlands
Founded
2014
Team Size
21–50
Traction
Four pilots
Sectors
energyenergy_storagematerialssustainable_technologyb2bsoftware_hardware

Source: https://siliconcanals.com/news/startups/aquabattery-secures-6m-investment/