About Evyon
Evyon is a company based in Oslo (Norway) founded in 2020 by Radu Achihai and Jorgen Sorgard Erdal. Evyon has raised $9.19 million across 6 funding rounds from investors including Innovasjon Norge, Sandwater and Antler. The company has 4 employees as of December 31, 2020. Evyon offers products and services including Modular DC Battery Storage and Industrial Battery Solution. Evyon operates in a competitive market with competitors including Voltfang, betteries, Electrefy, Audacious Energy and Relyion, among others.
- Headquarter Oslo, Norway
- Employees 4 as on 31 Dec, 2020
- Founders Radu Achihai, Jorgen Sorgard Erdal
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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 Evyon As
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Annual Revenue
$92.73 K (USD)-67as on Dec 31, 2022
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Net Profit
-$2.18 M (USD)-501as on Dec 31, 2022
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EBITDA
-$2.27 M (USD)-521as on Dec 31, 2022
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Total Equity Funding
$9.19 M (USD)
in 6 rounds
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Latest Funding Round
$6.94 M (USD), Seed
Nov 01, 2022
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Investors
Innovasjon Norge
& 7 more
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Employee Count
4
as on Dec 31, 2020
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Products & Services of Evyon
Evyon offers a comprehensive portfolio of products and services, including Modular DC Battery Storage and Industrial Battery Solution.
Repurposes EV batteries into scalable, safe systems for integrators.
Provides automotive-quality storage for fully renewable energy applications.
People of Evyon
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Funding Insights of Evyon
Evyon has successfully raised a total of $9.19M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $6.94 million completed in November 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 Evyon
Evyon has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Innovasjon Norge, Sandwater and Antler.
| Investor | Description | Founded Year | Domain | Location |
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Sandwater is engaged in backing early-stage innovative companies.
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Early-stage investing and founder support services are offered globally by Antler.
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Wiski Capital is focused on investing in Norwegian tech startups.
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Investor details for Evyon
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Investments & Acquisitions by Evyon
Investment portfolio details for Evyon
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Financial Statements - Evyon
Detailed financials for Evyon
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Evyon Comparisons
Peer comparison for Evyon
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Competitors of Evyon
Evyon 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 Voltfang, betteries, Electrefy, Audacious Energy and Relyion, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of energy storage solutions for electric vehicles
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AI and IoT-enabled platform offering portable electric-vehicle charging solutions
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Used EV battery recycling and reusing solution provider
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Provider of solutions for energy storage
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Develops AI software to optimize battery performance and reduce energy costs efficiently.
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Detailed competitors of Evyon
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Latest news on Evyon
Complete news archive for Evyon
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Frequently Asked Questions about Evyon
Evyon was founded in 2020.
Evyon is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Jorgen Sorgard Erdal is the current CEO of Evyon. They have also founded this company.
Evyon is a funded company, having raised a total of $9.19M across 6 funding rounds to date.
As of Dec 31, 2020, the latest employee count at Evyon is 4.
Annual revenue of Evyon is $92.73K as on Dec 31, 2022.
Evyon was founded in 2020 and is based in Oslo, Norway. Operations focus on the energy storage sector, where battery energy storage systems are offered through the use of repurposed electric vehicle batteries. Technologies for reassembly and management are developed to transform second-life EV batteries into modular, plug-and-play storage units. Services target sustainable energy solutions across Europe.
Evyon offers Modular DC Battery Storage and Industrial Battery Solution.
Evyon has 8 investors. Key investors include Innovasjon Norge, Sandwater, Antler, Wiski Capital, and Skagerak Energi.