Stabl Energy is a Munich-based green tech start-up that gives used EV batteries a second life while providing commercial energy storage. Its technology enables battery modules with different states of health to be interconnected, regardless of how heavily individual batteries were stressed. This modular interconnection approach allows mixed-condition battery modules to work together in storage systems. The company has raised €15 million in a funding round to advance its battery storage innovation. New investor Nordic Alpha Partners and the European Innovation Council joined existing backers UVC Partners (via its Unternehmertum VC Fund III) and Energie 360 Grad’s Smart Energy Innovation Fund. Co-CEO Dr. Nam Truong said the new partnerships are an important milestone to drive the energy transition through Stabl’s battery storage technology.

Total raised

$16M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2023