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Energy Tech Series B Founded 2009

Echandia

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,…

📍 Solna, Sweden · Energy Storage Tech,

Funding snapshot

Last roundSeries B
Amount$34M
Date3 March 2025
Total raised$34M
Team size97

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 Fund Europa Industrifonden SEB Venture Capital Energy & Environment Investment Alantra S2G Investments Sustainable Energy Angels

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