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Energy Tech Series B Founded 2009

Element Energy

Element Energy develops technology for Battery Management Systems, offering a cost-effective hardware and software system that manages large lithium battery packs. Founded in 2009 in Los Altos, United States, the company has raised $101.0M in Series B funding from investors including LG Technology Ventures, Prelude Ventures, and Mitsubishi. Their initial product is a cost-effective hardware and software system that…

📍 Los Altos, United States · Energy Storage Tech

Funding snapshot

Last roundSeries B
Amount$8M
Date29 July 2025
Total raised$101M
Team size59

About

Element Energy develops technology for Battery Management Systems, offering a cost-effective hardware and software system that manages large lithium battery packs. Founded in 2009 in Los Altos, United States, the company has raised $101.0M in Series B funding from investors including LG Technology Ventures, Prelude Ventures, and Mitsubishi. Their initial product is a cost-effective hardware and software system that manages large lithium battery packs. The company operates in the energy storage tech space. Founded in 2009, headquartered in Los Altos, United States. The team comprises 59 (Jun 30, 2026) employees. Backed by investors including Cohort Ventures, Edison, LG Technology Ventures, Prelude Ventures..

Business model

Energy Storage Tech > Battery > Battery Management System

Institutional investors

Cohort Ventures Edison LG Technology Ventures Prelude Ventures Radar Partners Keyframe Mitsubishi Drive Catalyst FM Capital AFW Partners Europa OSTI HighGear Ventures Xandex Investments Claremont Creek Ventures

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