About Connected Energy
Connected Energy is a company based in Newcastle Upon Tyne (United Kingdom) founded in 2010 by Matthew Lumsden. Connected Energy has raised $35.52 million across 9 funding rounds from investors including OurCrowd, Sumitomo Corporation and Gov.uk. Connected Energy offers products and services including Battery Energy Storage System and Commercial Energy System. Connected Energy operates in a competitive market with competitors including Fluence, Alsym Energy, Younicos, Redback Technologies and Encell, among others.
- Headquarter Newcastle Upon Tyne, United Kingdom
- Founders Matthew Lumsden
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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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- Legal Name Connected Energy Ltd
- Date of Incorporation 21 Jun, 2010
- Jurisdiction NEWCASTLE UPON TYNE, UNITED KINGDOM
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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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Total Equity Funding
$35.52 M (USD)
in 9 rounds
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Latest Funding Round
$18.4 M (USD), Series B
Jun 16, 2022
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Investors
OurCrowd
& 12 more
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Employee Count
Not available
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Products & Services of Connected Energy
Connected Energy offers a comprehensive portfolio of products and services, including Battery Energy Storage System and Commercial Energy System.
Repurposes second-life EV batteries for scalable energy storage solutions.
Provides energy storage for businesses to enhance grid integration.
People of Connected Energy
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Funding Insights of Connected Energy
Connected Energy has successfully raised a total of $35.52M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $18.4 million completed in June 2022. 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.
Investors in Connected Energy
Connected Energy has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include OurCrowd, Sumitomo Corporation and Gov.uk.
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Turquoise is engaged in financial advisory and investment for climate technologies.
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ENGIE New Ventures is focused on cleantech startup investments.
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Construction and mining equipment, engines, and locomotives are manufactured.
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Investor details for Connected Energy
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Investments & Acquisitions by Connected Energy
Investment portfolio details for Connected Energy
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Financial Statements - Connected Energy
Detailed financials for Connected Energy
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Connected Energy Comparisons
Peer comparison for Connected Energy
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Competitors of Connected Energy
Connected Energy 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 Fluence, Alsym Energy, Younicos, Redback Technologies and Encell, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Energy storage systems are supplied for industrial renewable applications.
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Non-flammable battery solutions are provided for vehicles and storage systems.
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Battery parks and microgrid systems
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Developer of solar power packs for home
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Nickel-iron batteries are manufactured for stationary energy storage applications.
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Detailed competitors of Connected Energy
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Latest news on Connected Energy
Complete news archive for Connected Energy
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Frequently Asked Questions about Connected Energy
Connected Energy was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Connected Energy is headquartered in Newcastle Upon Tyne, United Kingdom.
Matthew Lumsden is the current CEO of Connected Energy. They have also founded this company.
Connected Energy is a funded company, having raised a total of $35.52M across 9 funding rounds to date.
Provider of battery energy storage systems for various industries. They have been delivering these systems for over ten years and are a world-leader in creating battery energy storage solutions.
Connected Energy offers Battery Energy Storage System and Commercial Energy System.
Connected Energy has 13 investors. Key investors include OurCrowd, Sumitomo Corporation, Gov.uk, Mercuria, and ENGIE.