Connected Energy

company

About

A pioneer of 2nd life electric vehicle battery based energy storage systems.

  • 11 - 50

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
£15M
Industries
Battery,Electric Vehicle,Energy,Energy Management,Energy Storage,Power Grid,Recycling,Renewable Energy
Founded date
Jan 1, 2010
Number Of Employee
11 - 50
Operating Status
Active

Connected Energy was established to commercialise the research and development work undertaken by their award-winning parent company Future Transport Systems (FTS). Connected Energy has developed its E-STOR stationary energy storage technology that that utilises 2nd life electric vehicle batteries. The E-STOR technology is unique in that it can utilise any EV OEM battery pack communicating with it via the OEM's proprietary CAN protocol. Connected Energy currently utilises batteries supplied by Renault, Nissan, Jaguar Land Rover and others. It has systems operating in the UK, Belgium, Germany and the Netherlands ranging from 60kW to 1.2MW and will be installing systems of 10MW+ in 2021.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
£24.20M
Connected Energy has raised a total of £24.20M in funding over 2 rounds. Their latest funding was raised on Jun 17, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 17, 2022 Series Unknown £15M 2 Detail
Jan 5, 2021 Series Unknown £1.20M 2 ENGIE New Ventures Detail
Jun 20, 2019 Series Unknown £5M 2 Macquarie Group
ENGIE New Ventures
Detail
Jan 15, 2018 Series Unknown £3M 2 Macquarie Group
ENGIE
Detail

Investors

Number of Lead Investors
Number of Investors
5
5
Connected Energy is funded by 5 investors. ENGIE New Ventures and ENGIE are the most recent investors.
Investor Name Lead Investor Funding Round
ENGIE New Ventures Yes Series Unknown
ENGIE Yes Series Unknown
OurCrowd Series Unknown
Mercuria Series Unknown
Macquarie Group Series Unknown