Elevenes Receives Investment And Support From Eit Innoenergy To Build A Battery Gigafactory Near Serbia'S Lithium Deposit
Round Type
Venture
SuboticaManufacturingSustainabilityCommunity And LifestyleDescription
By 2030, Europe will need 14 times more batteries than it produces today. This is due to the growth of electric mobility and the energy storage market, which requires batteries to stabilise energy systems, especially given the growing share of renewable energy. Therefore, Lithium Iron Phosphate (LFP) batteries, which combine the advantages of long life, affordability and safety, are gaining an increasingly stronger position in the rapidly growing battery market.
Quick answer
Eleven Es raised an undisclosed amount in a funding round, dated October 21, 2021. Eleven Es is based in Subotica, Vojvodina, Serbia.
- How much did Eleven Es raise?
- Eleven Es raised an undisclosed amount in a funding round on October 21, 2021.
- What does Eleven Es do?
- ElevenEs is an industrial spin-off of the multinational Al Pack Group, which produces more than 40 million m2 of processed aluminium foils every year and has been operating on the packaging market for 25 years.
- Where is Eleven Es based and how big is it?
- Eleven Es is based in Subotica, Vojvodina, Serbia.
Source: Fundz verified event record.
Who else raised in Sustainability and Community And Lifestyle around the same time
Companies in the same sectors as Eleven Es that raised within 45 days of this round, from Fundz verified event records.
- Osmoses raised $3M (Pre-Seed) on November 4, 2021.
- Safety raised an undisclosed amount (Funding Round) on November 2, 2021.
- Natron Energy raised $37M on October 20, 2021.
- Ara Partners raised an undisclosed amount (Funding Round) on September 23, 2021.
- Lilac Solutions, Inc. raised $150M (Series B) on September 22, 2021.
- Lilac Solutions, Inc. raised $130M on September 22, 2021.
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Eleven Es raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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