About betteries
betteries is a company based in Berlin (Germany) founded in 2003.. betteries has raised $2.48 million across 3 funding rounds from investors including European Union, Factor[e] Ventures and Extantia. betteries operates in a competitive market with competitors including Voltfang, Evyon, Electrefy, Audacious Energy and Relyion, among others.
- Headquarter Berlin, Germany
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.48 M (USD)
in 3 rounds
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Latest Funding Round
$192.62 K (USD), Grant
May 01, 2023
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Investors
European Union
& 3 more
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Employee Count
Employee Count
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Funding Insights of betteries
betteries has successfully raised a total of $2.48M across 3 strategic funding rounds. The most recent funding activity was a Grant round of $192.62 thousand completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $192,616
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First Round
First Round
(01 Oct 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Grant - betteries | Valuation |
investors |
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| Mar, 2021 | Amount | Seed - betteries | Valuation | Factor[e] Ventures , Extantia | |
| Oct, 2019 | Amount | Grant - betteries | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in betteries
betteries has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, Factor[e] Ventures and Extantia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage tech and energy focused venture capital firm funding companies in the US, Europe and Africa
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Founded Year | Domain | Location | |
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Extantia is focused on investing in climate technology pioneers.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by betteries
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - betteries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Betteries Comparisons
Competitors of betteries
betteries 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 Voltfang, Evyon, Electrefy, Audacious Energy and Relyion, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of energy storage solutions for electric vehicles
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| domain | founded_year | HQ Location |
Energy storage systems are provided using repurposed EV batteries.
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| domain | founded_year | HQ Location |
Used EV battery recycling and reusing solution provider
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| domain | founded_year | HQ Location |
Provider of solutions for energy storage
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| domain | founded_year | HQ Location |
Develops AI software to optimize battery performance and reduce energy costs efficiently.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about betteries
When was betteries founded?
betteries was founded in 2003 and raised its 1st funding round 16 years after it was founded.
Where is betteries located?
betteries is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is betteries a funded company?
betteries is a funded company, having raised a total of $2.48M across 3 funding rounds to date. The company's 1st funding round was a Grant of $295.56K, raised on Oct 01, 2019.
What does betteries do?
The company was founded in 2003 in Berlin, Germany, and operates within the electric vehicle charging sector. Portable charging devices, including models like BetterPack, BetterGen, BetterLink-DC, and BetterLink-EM, are developed to support AC and DC charging as well as 48V DC supply. Software platforms are provided for battery performance monitoring, over-the-air updates, and AI-driven predictive maintenance. Operations focus on integrating AI and IoT technologies for EV infrastructure solutions.
Who are the top competitors of betteries?
Who are betteries's investors?
betteries has 4 investors. Key investors include European Union, Factor[e] Ventures, Extantia, and ISAR.