ELEO

Helmond, Netherlands Founded: 2017 • Age: 9 yrs Acquired By Yanmar
Modular battery systems for energy storage are manufactured by ELEO.
Annual revenue $42,450 Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

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.
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
    $42.45 K (USD)
    15
    as on Dec 31, 2023
  • Net Profit
    $23.19 K (USD)
    7
    as on Dec 31, 2023
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • 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.

Primary

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 Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Seed - ELEO Valuation Lumipol Group

Investors in ELEO

ELEO has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lumipol Group and Yanmar.

All
Institutional
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

Investments & Acquisitions by ELEO

Investments

Financial Statements - ELEO

Eleo Comparisons

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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.
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.

Latest news on Eleo

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.

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