Fundz

Voltfang Raises €5 Million To Give New Life To Ev Batteries With Its Energy Storage Solution

PRIVATEMay 10, 2023

Amount Raised

€5 Million

Round Type

Funding Round

AachenManufacturingEnergyRenewable Energy

Investors

AenuEvinyAurum ImpactHelen VenturesProp Tech1 VenturesPt1SchaltbauAldi Nord

Description

Aachen-based Voltfang, gives new life to near dead EV batteries with its AI-based software which evaluates battery longevity. It is helping to solve the battery recycling issue, and the energy transition, with its energy storage systems made from used electric vehicle batteries.

Quick answer

Voltfang raised €5 Million in a Funding Round round, dated May 10, 2023. Investors: Aenu, Eviny, Aurum Impact, Helen Ventures, Prop Tech1 Ventures, Pt1, Schaltbau and Aldi Nord. Voltfang is based in Aachen, North Rhine Westphalia, Germany.

How much did Voltfang raise?
Voltfang raised €5 Million in a Funding Round round on May 10, 2023.
Who invested in Voltfang?
Aenu, Eviny, Aurum Impact, Helen Ventures, Prop Tech1 Ventures, Pt1, Schaltbau and Aldi Nord are named as investors in this round.
What does Voltfang do?
Voltfang requalifies electric vehicle batteries after their first life, transforming them into sustainable storage systems for renewable energy.
Where is Voltfang based and how big is it?
Voltfang is based in Aachen, North Rhine Westphalia, Germany. Fundz records about 90 employees.
Who are the decision-makers at Voltfang?
Fundz holds 1 contact at Voltfang. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Voltfang that raised within 45 days of this round, from Fundz verified event records.

  • Aptera Motors raised $79K (Seed) on June 20, 2023.
  • CubicPV raised an undisclosed amount on June 13, 2023.
  • CubicPV raised $33M on June 7, 2023.
  • Oort Energy raised $6.2M (Seed) on June 7, 2023.
  • Lyten raised an undisclosed amount (Funding Round) on May 25, 2023.
  • EMO.energy raised $1.2M (Seed) on May 23, 2023.

Who to call at Voltfang, and when

A new round usually means Voltfang is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Voltfang raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Voltfang, from your own LinkedIn network

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Company Information

Company

Voltfang

Location

Aachen, North Rhine Westphalia, Germany

About

Voltfang requalifies electric vehicle batteries after their first life, transforming them into sustainable storage systems for renewable energy. By repurposing these batteries, we eliminate the need for new raw materials while addressing the energy storage demands of commercial and industrial users. Our mission is to create a livable future by decentralizing the energy grid—developing intelligent, sustainable storage solutions that empower a cleaner and more resilient energy ecosystem.

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Voltfang 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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