Volterion develops and manufactures Flow-Batteries for commercial energy storage applications.
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Dortmund
State: Nordrhein-Westfalen
Zip:
Country: Germany
Volterion was founded in 2015 as a spin-off of the Fraunhofer Institute UMSICHT. Right from the start, they put their energy into the development of the stack – the energy converter of a redox flow battery and thus the basis for an efficient system. After extensive development work, they now produce their stacks using a unique manufacturing process that they are constantly improving. On this basis, they also develop innovative energy systems such as the powerRFB. A scalable battery in a compact housing that meets the highest industrial demands and is used in many different applications. Sascha Berthold, Thomas Gebauer and Thorsten Seipp are the founders of the company and have been involved in the development of Volterion technology. Together with Kees van de Kerk they form the management today. Volterion has received many awards for its technology and business model, including the ACHEMA Energy Founders Award, the TU Startup Award, the KUER Growing Business Award and the Best Pitches Award.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 7/2017 | Series A | 2 | $1.2M |
SeedCapital Dortmund High-Tech Grunderfonds SeedCapital Dortmund SeedCapital Dortmund High-Tech Grunderfonds SeedCapital Dortmund |
3/2017 | Angel Round | 2 | $220k |
Eugen Hahn Thomas Mathenia Eugen Hahn Thomas Mathenia |
10/2017 | Non Equity Assistance | 1 | $110k |
Fraunhofer Venture Fraunhofer Venture Fraunhofer Venture Fraunhofer Venture |
9/2015 | Seed Round | 1 | $100k |
Fraunhofer Venture Fraunhofer Venture |
12/2018 | Venture Round | 4 | $1.1M |
Bay Venture BV High-Tech Grunderfonds InnoEnergy SeedCapital Dortmund Bay Venture BV High-Tech Grunderfonds InnoEnergy SeedCapital Dortmund |
7/2014 | Grant | $1.2M | 1/2017 | Grant | $400k | 1/2018 | Grant | $200k | 1/2017 | Seed Round | 1 | $200k |
Fraunhofer Venture Fraunhofer Venture |
7/2019 | Corporate Round | 1 | $11M |
Friedrich Boysen Friedrich Boysen |
1/2016 | Seed Round | 1 | $200k |
Fraunhofer Venture Fraunhofer Venture |
1/2018 | Grant | $300k |
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