About betteries
betteries is an Energy & Utilities company based in Berlin (Germany) founded in 2003. It operates as an AI and IoT-enabled platform offering portable electric-vehicle charging solutions. betteries has raised $2.48 million across 3 funding rounds from investors including European Union, Factor[e] Ventures and Extantia. Its focus areas include Energy Tech, Energy Storage Tech, Energy Storage System and Lithium Ion. Its competitors include Voltfang, Evyon, Electrefy, Audacious Energy and Relyion and 2 more; 2 of its 7 listed competitors have raised funding.
Company details
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.
- Headquarters Berlin, Germany
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website betteries.com
- Social X
- Total Equity Funding$2.48M (USD)
in 3 rounds
- Latest Funding Round$192.62K (USD), Grant
May 2023
- InvestorsEuropean Union
& 3 more
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 $2.48M
- Total Rounds 3
- Last Round Grant — $192,616
- First Round $295,556
(Oct 2019)
- Investors Count 4
All 3 funding rounds of betteries 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 |
|---|---|---|---|---|---|
| May 2023 | $192,616 | Grant | – | – | |
| Mar 2021 | $2.48M | Seed | – | Factor[e] Ventures, Extantia | |
| Oct 2019 | $295,556 | Grant | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech and energy focused venture capital firm funding companies in the US, Europe and Africa | – | factore.com | Nairobi, Kenya | |
Extantia is focused on investing in climate technology pioneers. | – | extantia.com | - | |
- | – | isar.ag | - | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
![Factor[e] Ventures logo](https://img.thecompanycheck.com/b/factore_logo.webp){kind=logo}
Investor details for betteries
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People of betteries
10 people are tracked at betteries (3 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Lennart Hönig | Head of Workshop | Leadership |
Adrian Hahn | Chief Engineer HV Battery Systems | Leadership |
Rainer Hoenig | Founder and Managing Director | Leadership |
Holger Cartsburg | Operations Lead & Consultant Aerospace Industry | Team |
Anastasia Mikhaylenko | Interim Business Development Manager EU | Team |
Joscha Winzer | Technical Lead | Team |
Mine Cetinkaya | Embedded Software Engineer | Team |
Msc Abhishek Venkatesh Shenoy | Technical Buyer | Team |
Alfonso Hernández | Embedded Software Ingenieur | Team |
Joao Gustavo Ceschin | Development Engineer | Team |
Complete people profiles for betteries
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Timeline of betteries
3 dated milestones of betteries across 20 years, from founding to its latest funding, stage changes and deals.
- Founded betteries is founded.
- Funding First funding round of $296K.
- Funding Latest funding round, Grant, of $193K.
Competitors of betteries
betteries has 7 listed competitors in our database, 2 of them funded. They include Voltfang, Evyon, Electrefy, Audacious Energy and Relyion, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| voltfang.de | 2020 | Aachen, Germany | $31.82M | – | Provider of energy storage solutions for electric vehicles | |
| evyon.com | 2020 | Oslo, Norway | $9.19M | 4 | Energy storage systems are provided using repurposed EV batteries. | |
| electrefy.com | 2016 | Toronto, Canada | – | – | Used EV battery recycling and reusing solution provider | |
| audacious.energy | 2019 | Calgary, Canada | – | 2 | Provider of solutions for energy storage | |
| relyionenergy.com | 2021 | Santa Clara, United States | – | – | Develops AI software to optimize battery performance and reduce energy costs efficiently. | |
| sl-batteries.com | 2022 | Wuppertal, Germany | – | – | Repurposes used lithium-ion batteries for sustainable energy storage applications. | |
| 4r-energy.com | 2010 | Yokohama, Japan | – | – | Delivers comprehensive solutions using used electric vehicle batteries for efficient energy storage. |
Detailed competitors of betteries
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Top companies in Energy Storage Systems
10 companies that operate in the same segment as betteries (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | – | 902 | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – |
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Related news about Betteries
Complete news archive for betteries
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Frequently Asked Questions about betteries
betteries was founded in 2003 and raised its 1st funding round 16 years after it was founded.
betteries is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
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 2019.
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.
betteries has 4 investors. Key investors include European Union, Factor[e] Ventures, Extantia, and ISAR.