Dutch climate-tech company Battolyser Systems secures €40M from EIB

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 :

https://www.battolysersystems.com/

🚀 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)

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