About ELEO
ELEO is a company based in Helmond (Netherlands) founded in 2017 by Bas Verkaik, Jeroen Bleker, and Bram van Diggelen was acquired by Yanmar in April 2022.. ELEO offers products and services including Battery Packs and Battery Pack Selection Checklist. ELEO operates in a competitive market with competitors including Microvast, A123 Systems, Corvus Energy, Powin Energy and Cadenza Innovation, among others.
- Headquarter Helmond, Netherlands
- Founders Bas Verkaik, Jeroen Bleker, Bram van Diggelen
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Eleo Technologies B.V.
-
Annual Revenue
$42.45 K (USD)15as on Dec 31, 2023
-
Net Profit
$23.19 K (USD)7as on Dec 31, 2023
-
EBITDA
-
Latest Funding Round
-
Investors
Lumipol Group
& 1 more
-
Employee Count
Employee Count
-
Acquired by
Yanmar
(Apr 04, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of ELEO
ELEO offers a comprehensive portfolio of products and services, including Battery Packs and Battery Pack Selection Checklist. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Modular solutions for off-highway EVs to ensure reliable power
Guide for evaluating batteries for off-highway machinery
Funding Insights of ELEO
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - ELEO | Valuation | Lumipol Group |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ELEO
ELEO has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lumipol Group and Yanmar. 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 |
|---|---|---|---|---|
|
Lumipol Group is engaged in power systems technology solutions.
|
Founded Year | Domain | Location | |
|
Manufactures high-quality equipment for agriculture, industrial, and construction sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by ELEO
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - ELEO
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eleo Comparisons
Competitors of ELEO
ELEO 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 Microvast, A123 Systems, Corvus Energy, Powin Energy and Cadenza Innovation, 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 |
Lithium-ion batteries for multi-category electric vehicles are developed.
|
|
| domain | founded_year | HQ Location |
Lithium-ion batteries for automotive and industrial uses are manufactured.
|
|
| domain | founded_year | HQ Location |
Developer of energy storage systems (ESS) based on lithium NMC technology
|
|
| domain | founded_year | HQ Location |
Energy storage systems are provided for grid-level and behind-the-meter applications.
|
|
| domain | founded_year | HQ Location |
Lithium-ion battery systems for energy storage are developed.
|
|
| domain | founded_year | HQ Location |
Li-ion batteries are developed for energy storage in commercial applications.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Eleo
Frequently Asked Questions about ELEO
When was ELEO founded?
ELEO was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is ELEO located?
ELEO is headquartered in Helmond, Netherlands. It is registered at Helmond, Noord-brabant, Netherlands.
What is the annual revenue of ELEO?
Annual revenue of ELEO is $42.45K as on Dec 31, 2023.
What does ELEO do?
ELEO was founded in 2017 and is based in Helmond, Netherlands. Modular battery systems for energy storage solutions are produced using lithium nickel manganese cobalt oxide and lithium nickel cobalt aluminum oxide technologies. Operations focus on the energy storage sector, where scalable battery modules are developed and supplied to support various applications in renewable energy and grid stabilization.
Who are the top competitors of ELEO?
ELEO's top competitors include Microvast, Corvus Energy and A123 Systems.
What products or services does ELEO offer?
ELEO offers Battery Packs and Battery Pack Selection Checklist.
Who are ELEO's investors?
ELEO has 2 investors. Key investors include Lumipol Group, and Yanmar.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.