Tech Company Financing Transactions
Element Energy Funding Round
Element Energy secured a $111 million financing round on 11/15/2023. Investors included Cohort Ventures, AFW Partners and DRIVE Catalyst.
Transaction Overview
Company Name
Announced On
11/15/2023
Transaction Type
Venture Equity
Amount
$111,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to supports deployment of its adaptive battery management systems as battery storage market soars.
Company Information
Company Status
Acquired or Merged
Industry
Energy & Battery
Mailing Address
5150 El Camino Real B-30
Los Altos, CA 94022
USA
Los Altos, CA 94022
USA
Phone
Undisclosed
Website
Email Address
Overview
Element Energy develops leading-edge technology for the management of multi-cell battery systems. Our initial product is a cost effective hardware/software system that manages large lithium battery packs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dan Lankford
Chief Financial Officer
Sandy Abbott
Chief Technical Officer
Eric Macris
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