CustomCells

Itzehoe, Germany Founded: 2012 • Age: 14 yrs
Modular cell technology is manufactured for energy storage solutions.
Annual revenue - Latest available
Total funding $63.0M 5 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 7 Brand Intelligence

About CustomCells

CustomCells is a company based in Itzehoe (Germany) founded in 2012 by Torge Thonnessen. It operates as a Product-as-a-Service, Professional Services, and Mobility-as-a-Service. CustomCells has raised $63 million across 5 funding rounds from investors including European Union, P3 and World Fund. CustomCells offers products and services including Modular Cell Technology and Battery Development Services. CustomCells operates in a competitive market with competitors including Geli, About Energy, oorja, IONETIC and Ionworks, among others.

  • Headquarter Itzehoe, Germany
  • Founders Torge Thonnessen
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Legal Name Customcells Holding Gmbh
Operational Areas
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $63 M (USD)

    in 5 rounds

  • Latest Funding Round
    $63 M (USD), Series A

    Dec 08, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of CustomCells

CustomCells offers a comprehensive portfolio of products and services, including Modular Cell Technology and Battery Development Services.

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Primary

High-performance battery cells are tailored for specific customer needs.

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Customized battery solutions are developed across the value chain.

Funding Insights of CustomCells

CustomCells has successfully raised a total of $63M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $63 million completed in December 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 CustomCells

CustomCells has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, P3 and World Fund.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
World Fund is recognized as a leading European climate tech venture capital fund.
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A family-owned investment firm is operated focusing on sustainable sectors.
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Vsquared Ventures is engaged in technology-focused venture capital investments.
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Investor details for CustomCells

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Investments & Acquisitions by CustomCells

Investments
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Investment portfolio details for CustomCells

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  • Transaction dates
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Financial Statements - CustomCells

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Detailed financials for CustomCells

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Customcells Comparisons

CustomCells Primary company
Description
Modular cell technology is manufactured for energy storage s...
Location
Itzehoe, Germany
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for CustomCells

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Competitors of CustomCells

CustomCells 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 Geli, About Energy, oorja, IONETIC and Ionworks, among others.

Company Name Domain Founded year HQ Location Description
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Develops energy storage operating software
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Battery design software is provided for energy applications.
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Platform offering battery simulation and life management solutions
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Provider of battery pack technology for auto manufacturers to make the transition to electrified powertrains
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Virtual prototyping suites are developed for battery design and research.
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Detailed competitors of CustomCells

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Latest news on Customcells

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Complete news archive for CustomCells

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Frequently Asked Questions about CustomCells

CustomCells was founded in 2012 and raised its 1st funding round 1 year after it was founded.

CustomCells is headquartered in Itzehoe, Germany. It is registered at Itzehoe, Schleswig-holstein, Germany.

Dirk Abendroth is the current CEO of CustomCells.

CustomCells is a funded company, having raised a total of $63M across 5 funding rounds to date.

CustomCells is involved in the development and industrialization of premium battery technology, focusing on high-performance solutions for automotive, aviation, and maritime sectors. The company is recognized for its expertise in material RD, cell design innovation, and manufacturing processes. Services are provided across the entire value chain, from ideation and prototyping to full-scale production and gigafactory commissioning. Innovations are driven by a customer-centric approach, ensuring tailored solutions that meet specific performance requirements. Additionally, sustainability and decarbonization are prioritized through ESG commitments and circular economy practices, positioning CustomCells as a key player in the global energy transition.

CustomCells's top competitors include Geli, oorja and About Energy.

CustomCells offers Modular Cell Technology and Battery Development Services.

CustomCells has 7 investors. Key investors include European Union, P3, World Fund, ABACON CAPITAL, and Vsquared Ventures.

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