Tech Company Financing Transactions
Stabl Energy Funding Round
On 8/9/2023, Stabl Energy raised $16.4 million in investment from European Innovation Council Fund, Nordic Alpha Partners and Smart Energy Innovation Fund.
Transaction Overview
Company Name
Announced On
8/9/2023
Transaction Type
Venture Equity
Amount
$16,370,000
Round
Undisclosed
Investors
Proceeds Purpose
We are delighted to have secured Nordic Alpha Partners, a strong and experienced partner who shares our philosophy and vision. It is particularly valuable that NAP deeply understands our current and future challenges and is already supporting us with their experience, network, and value-creation approach. The new partnerships are an important milestone for Stabl to drive the energy transition through our battery storage.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
Baierbrunner Street 30,
München, 81379
DE
München, 81379
DE
Phone
Website
Email Address
Overview
STABL Energy strives for sustainable energy use with its power conversion technology. Our goal is to increase the deployment of energy storage for renewable energy by setting a new standard for battery storage. With our easy-to-integrate technology, we improve battery storage systems in terms of design, safety, reliability, cost-effectiveness, and handling. Our power conversion system also allows seamless and easy integration of used car batteries, which extends the lifetime of batteries and reduces their resource consumption. Thus, STABL Energy enables the most profitable and sustainable battery systems.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Arthur Singer
Co-Founder
Christopher Dietrich
Co-Founder
Nam Truong
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