About AMTE Power
AMTE Power is an Energy & Utilities company based in Thurso (United Kingdom) founded in 1997, and was acquired by LionVolt in January 2024. Lithium-ion and sodium-ion battery cells are developed for diverse markets. The company has 75 employees. The company was acqui-hired. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Secondary Battery. Its legal entity is AMTE POWER PLC.
Company details
AMTE Power was founded in 1997 in Thurso, United Kingdom, within the battery technology sector. Lithium-ion and sodium-ion battery cells are developed for applications such as electric vehicles and energy storage systems. Partnerships with niche customers are established to support the scaling of emerging cell technologies toward mass production. Operations emphasize high-power and sodium-ion solutions across various industries.
- Headquarters Thurso, United Kingdom
- Employees 75
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website amtepower.com
- Social LinkedIn
- Acquired by LionVolt (Jan 2024)
- Legal Name Amte Power Plc
- Date of Incorporation 16 Apr, 2013
- Jurisdiction STOCKTON-ON-TEES, TEESIDE
- Annual Revenue$316.96 K (USD)-65as on Jun 30, 2022
- Net Profit-$7.77 M (USD)-58as on Jun 30, 2022
- EBITDA-$8.29 M (USD)-54as on Jun 30, 2022
- Latest Funding Round$412.93K (USD), Grant
Jun 2021
- InvestorsEuropean Union
& 1 more
- Employee Count75
- Acquired byLionVolt
(Jan 2024)
Funding Insights of AMTE Power
- Total Rounds 1
- Last Round Grant — $412,931
- First Round $412,931
(Jun 2021)
- Investors Count 1
All 1 funding rounds of AMTE Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2021 | $412,931 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in AMTE Power
AMTE Power has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and LionVolt.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Lithium-ion batteries are provided via 3D solid-state technology. | 2020 | lionvolt.com | Eindhoven, Netherlands |
Investor details for AMTE Power
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- Round participation
- Investor portfolios
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Timeline of AMTE Power
4 dated milestones of AMTE Power across 27 years, from founding to its latest funding, stage changes and deals.
- Founded AMTE Power is founded.
- Funding First funding round of $413K.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by LionVolt.
Top companies in Energy Storage Systems
2 companies that operate in the same segment as AMTE Power (Energy Storage Systems) in United Kingdom, ranked by their profile score on The Company Check.
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Frequently Asked Questions about AMTE Power
AMTE Power was founded in 1997 and raised its 1st funding round 24 years after it was founded.
AMTE Power is headquartered in Thurso, United Kingdom.
AMTE Power has 75 employees.
Annual revenue of AMTE Power is $316.96K as on Jun 30, 2022.
AMTE Power was founded in 1997 in Thurso, United Kingdom, within the battery technology sector. Lithium-ion and sodium-ion battery cells are developed for applications such as electric vehicles and energy storage systems. Partnerships with niche customers are established to support the scaling of emerging cell technologies toward mass production. Operations emphasize high-power and sodium-ion solutions across various industries.
AMTE Power has 2 investors. Key investors include European Union, and LionVolt.
AMTE Power operates through Amte Power Plc.
Yes. AMTE Power was acquired by LionVolt in January 2024.