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
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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 Eleo Technologies B.V.
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Annual Revenue
$42.45 K (USD)15as on Dec 31, 2023
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Net Profit
$23.19 K (USD)7as on Dec 31, 2023
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EBITDA
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Latest Funding Round
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Investors
Lumipol Group
& 1 more
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Employee Count
Employee Count
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Acquired by
Yanmar
(Apr 04, 2022)
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Products & Services of ELEO
ELEO offers a comprehensive portfolio of products and services, including Battery Packs and Battery Pack Selection Checklist.
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 |
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Investors in ELEO
ELEO has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lumipol Group and Yanmar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Lumipol Group is engaged in power systems technology solutions.
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Founded Year | Domain | Location | |
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Manufactures high-quality equipment for agriculture, industrial, and construction sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by ELEO
Financial Statements - ELEO
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lithium-ion batteries for multi-category electric vehicles are developed.
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| domain | founded_year | HQ Location |
Lithium-ion batteries for automotive and industrial uses are manufactured.
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| domain | founded_year | HQ Location |
Developer of energy storage systems (ESS) based on lithium NMC technology
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| domain | founded_year | HQ Location |
Energy storage systems are provided for grid-level and behind-the-meter applications.
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| domain | founded_year | HQ Location |
Lithium-ion battery systems for energy storage are developed.
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| domain | founded_year | HQ Location |
Li-ion batteries are developed for energy storage in commercial applications.
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Frequently Asked Questions about ELEO
ELEO was founded in 2017 and raised its 1st funding round 4 years after it was founded.
ELEO is headquartered in Helmond, Netherlands. It is registered at Helmond, Noord-brabant, Netherlands.
Annual revenue of ELEO is $42.45K as on Dec 31, 2023.
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.
ELEO's top competitors include Microvast, Corvus Energy and A123 Systems.
ELEO offers Battery Packs and Battery Pack Selection Checklist.
ELEO has 2 investors. Key investors include Lumipol Group, and Yanmar.