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Echandia

Series B

Manufacturer of maritime battery systems engineered for heavy-duty vessel applications. These systems are designed for safety, durability, and optimized performance in demanding maritime environments. The battery systems handle rapid charging, high power peaks, and numerous cycles without degradation. They offer long lifecycles and are suitable for various vessels, including ferries and naval ships. Founded in 2009,…

Energy Tech · Energy Storage Tech, · Solna, Sweden · EST 2009

About

Manufacturer of maritime battery systems engineered for heavy-duty vessel applications. These systems are designed for safety, durability, and optimized performance in demanding maritime environments. The battery systems handle rapid charging, high power peaks, and numerous cycles without degradation. They offer long lifecycles and are suitable for various vessels, including ferries and naval ships. Founded in 2009, headquartered in Solna, Sweden. Echandia operates in the Energy Storage Tech, Aerospace, Maritime Tech sectors. The company focuses on Marine, Energy Storage Systems. The company has raised $34M in Series B funding. Notable investors include EIC Fund, Europa, Industrifonden, SEB Venture Capital, Energy & Environment Investment, Alantra, among others.

Business model

Energy Storage Tech > Energy Storage System > Lithium Ion > Commercial > Marine,

Maritime Tech > Marine Electronics > Energy Storage Systems

Institutional investors

EIC FundEuropaIndustrifondenSEB Venture CapitalEnergy & Environment InvestmentAlantraS2G InvestmentsSustainable Energy Angels

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