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Energy Tech Series B Founded 2004

3ME Technology

3ME Technology develops lithium battery systems and end-to-end electrification products for commercial electric vehicles, delivering clean energy technology to heavy industry in the toughest, highest, and deepest safety-critical environments. The company designs and deploys purpose-built electrification solutions that enable partners to electrify existing diesel-powered vehicles or build emission-free fleets from…

📍 Newcastle, Australia · Electric Vehicles,

Funding snapshot

Last roundSeries B
Amount$500K
Date12 April 2022
Total raised$16M
Team size47

About

3ME Technology develops lithium battery systems and end-to-end electrification products for commercial electric vehicles, delivering clean energy technology to heavy industry in the toughest, highest, and deepest safety-critical environments. The company designs and deploys purpose-built electrification solutions that enable partners to electrify existing diesel-powered vehicles or build emission-free fleets from the ground up. 3ME Technology serves four primary industries: mining, defense, aerospace, and marine, providing custom-designed battery systems for mining vehicles, trucks, military vehicles, and off-road equipment. The company's solutions help organizations build safer workplaces, achieve sustainability goals, and lead the way in decarbonizing heavy industry. 3ME Technology collaborates with like-minded businesses in the electrification space and forward-thinking financial partners who recognize the vital role of clean energy innovation. The company invests heavily in its people, continually recruiting experienced electrical design engineers and industrial electricians, and provides opportunities for ongoing learning as they shape the future of technology. Founded in 2004 and headquartered in Newcastle, Australia, 3ME Technology has raised $15.5M in Series B funding from investors including ABGF and METS Ignited.

Business model

Electric Vehicles > Components > Batteries > Four Wheelers > Diversified > Lithium-Ion > Off Highway Vehicles,

Energy Storage Tech > Battery > Secondary Battery > Lithium Ion > Electric Vehicles

Institutional investors

ABGF METS Ignited

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