Swedish energy technology company Rebaba raised $4.6 million (SEK 44.1 million) in an oversubscribed seed round to expand its battery energy storage systems using repurposed electric vehicle batteries. The round was led by Sistafund alongside EIT Urban Mobility, with participation from existing shareholders and new European investors. Founded by Paula Runsten and Felix Kruse, Rebaba develops energy storage systems that give used electric vehicle batteries a second life for residential, commercial, and industrial applications. The company's systems help customers store locally generated energy, shift electricity consumption, reduce peak demand, and participate in grid-balancing services.
Company Information
Company
Rebaba
Location
Sweden
About
Rebaba is a Swedish energy technology company that develops energy storage systems using repurposed electric vehicle batteries. The company combines used EV batteries with proprietary technology to provide stationary energy storage for residential, commercial, and industrial applications. Rebaba's systems enable customers to store locally generated energy, shift electricity consumption, reduce peak demand, and participate in grid-balancing services. The company offers two products: Companion, a compact cabinet-based system for residential and smaller commercial use, and Containerised, designed for larger installations.
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SwedenManufacturingEnergyRenewable EnergySolarEnergy Storage