Battolyser Systems develops and manufactures an integrated battery and electrolyser called ‘Battolyser’ that can store electricity and produce hydrogen from renewable power to balance societal demand. Here are details of Battolyser Systems‘ latest funding round :
🚀 Launch
2018
🏭 Industry
Renewable energy
🧠Management
Mattijs Slee (CEO)
💸 Funding & Investors
| INVESTMENT (October 2023) | €40 million (Debt) |
| INVESTORS (October 2023) | European Investment Bank |
| PREVIOUS FUNDING (September 2023) | €2 million subsidy from the European Commission (Just Transition Fund) |
🎯 Funding purpose
Expand its production facility in Rotterdam, aiming to manufacture its combined electricity storage and electrolyser system at a large scale.
🌐 Country HQ
The Netherlands (South Holland)