Element Energy

About

Element Energy is a startup with technology that significantly improves the performance, reliability and cost of large battery packs.

Menlo Park,California,United States
11 - 50
http://www.elementenergy.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $28M
Industries: Battery
Founded date: Jan 1, 2019
Number Of Employee: 11 - 50
Operating Status: Active

Element Energy, a startup with technology that significantly improves the performance, lifetime, reliability and cost of large battery packs used in a wide range of applications including stationary and renewable energy storage and hybrid and electric vehicles.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

$35.90M

Element Energy has raised a total of $35.90M in funding over 2 rounds. Their latest funding was raised on Dec 14, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 14, 2022	Series B	$28M	5	Cohort Ventures	—	Detail
Nov 30, 2022	Grant	$7.90M	1	US Department of Energy	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

6

Element Energy is funded by 6 investors. Cohort Ventures and US Department of Energy are the most recent investors.

Investor Name	Lead Investor	Funding Round
Cohort Ventures	Yes	Series B
US Department of Energy	Yes	Grant
Edison International	—	Series B
LG Technology Ventures	—	Series B
Prelude Ventures	—	Series B
Radar Partners	—	Series B