About ALGOLiON
ALGOLiON is a company based in Rehovot (Israel) founded in 2014 was acquired by General Motors in June 2023. ALGOLiON offers products and services including Battery Health Technology and E-mobility Solutions. ALGOLiON operates in a competitive market with competitors including Ion Energy Labs, Qnovo, Eatron, Electra Vehicles and Brill Power, among others.
- Headquarter Rehovot, Israel
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Aionz Ltd.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$387.39 K (USD), Grant
Jan 01, 2021
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Investors
European Union
& 1 more
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Employee Count
Not available
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Acquired by
General Motors
(Jun 30, 2023)
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Products & Services of ALGOLiON
ALGOLiON offers a comprehensive portfolio of products and services, including Battery Health Technology and E-mobility Solutions.
Monitors and maintains battery performance in electric vehicles.
Provides tech for commercial electric vehicle operations.
Funding Insights of ALGOLiON
Investors in ALGOLiON
ALGOLiON has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and General Motors.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Global automotive company
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Investor details for ALGOLiON
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Investments & Acquisitions by ALGOLiON
Investment portfolio details for ALGOLiON
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Financial Statements - ALGOLiON
Detailed financials for ALGOLiON
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Algolion Comparisons
Peer comparison for ALGOLiON
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Competitors of ALGOLiON
ALGOLiON operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ion Energy Labs, Qnovo, Eatron, Electra Vehicles and Brill Power, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Battery intelligence platform for utility-scale energy storage systems is developed.
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Battery management software is developed for e-mobility applications.
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AI-enabled battery management and motion control systems are developed.
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Battery management systems for electric vehicles are developed and provided.
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Battery management systems are developed for modular lithium battery packs.
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Cloud-based energy management and analytics solutions provider for electric buses and trucks
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Detailed competitors of ALGOLiON
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Latest news on Algolion
Complete news archive for ALGOLiON
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Frequently Asked Questions about ALGOLiON
ALGOLiON was founded in 2014 and raised its 1st funding round 2 years after it was founded.
ALGOLiON is headquartered in Rehovot, Israel. It is registered at Rehovot, Central District, Israel.
ALGOLiON was founded in 2014 in Rehovot, Israel, within the electric vehicle and battery technology sector. Early warning predictive intelligence algorithms are developed to mitigate lithium-ion battery fires in vehicles and other applications. Internal safety hazards in cells are identified through markers that offer sensitivity two orders of magnitude greater than competing systems, enabling proactive risk management.
ALGOLiON's top competitors include Eatron, Breathe Battery Technologies and Brill Power.
ALGOLiON offers Battery Health Technology and E-mobility Solutions.
ALGOLiON has 2 investors. Key investors include European Union, and General Motors.