2 years ago

About:Energy Secures £1.5M Seed Funding to Advance Battery Prototyping Software

  • London-based battery prototype software spinout About:Energy has raised £1.5 million in seed funding

  • The round was led by Rishi Khosla, CEO of OakNorth Bank, with participation from Plug and Play Ventures, HighSage Ventures, Vireo Ventures, and Electric Revolution Ventures

  • The funding will be used to integrate the latest research, expand the team, and grow the London battery lab

  • About:Energy's software enables battery makers and designers to virtually prototype products, and is already being used by cell manufacturers and automotive OEMs.

      • ProblemTechnology

      "Designing and optimizing batteries is a complex and time-consuming process, often requiring multiple physical prototypes."

      Solution

      "About:Energy provides software that enables virtual prototyping of batteries, allowing manufacturers to test and optimize designs before physical production, saving time and resources."

      Covered on