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Skeleton Technologies secures a strategic investment from Siemens, enhancing its valuation to over $1 billion for US expansion.

PRIVATEOct 14, 2026

Amount Raised

$1 Billion

Round Type

Corporate Round

TallinnManufacturing

Investors

Siemens

Description

Skeleton Technologies has announced a strategic investment from Siemens, bringing its valuation to more than $1 billion. The funding will primarily support the expansion of Skeleton's US manufacturing and R&D activities in Silicon Valley. This move aims to meet the increasing demand from hyperscalers for AI data-centre power systems. The investment emphasizes the growing importance of supercapacitors in the AI infrastructure landscape.

Company Information

Company

Skeleton Technologies

Location

Tallinn, Harju Maakond, Estonia

About

Skeleton Technologies is a Global Cleantech 100 company and a global technology leader in fast energy storage for automotive, transportation, grid, and industrial applications. For us, developing and producing the best energy storage technology in the world is a means to an end: helping companies reduce CO2 emissions and save energy. We work with some of the largest companies in the world - from automotive and industrial equipment OEMs to truck fleet operators and aerospace prime contractors. Our products help decrease CO2 emissions, cut fuel consumption, and empower wider electrification to fight climate change.

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Strategic

ML-powered predictions for Skeleton Technologies's next move

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Skeleton Technologies 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.