About Forsee Power
Forsee Power is a publicly listed company based in Paris (France) founded in 2011 by Christophe Gurtner. It operates as a lithium battery systems for electric vehicles and gadgets are manufactured. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Forsee Power has raised $143.39 million across 7 funding rounds from investors including Mitsui & Co, European Investment Bank and Idinvest Partners. The company has 351 employees. Its chief executive is Christophe Gurtner. Its Indian entity Forsee Power India Private Limited reported revenue of ₹16.21 Cr. Forsee Power offers products and services including ZEN Battery, FLEX Battery, PULSE Battery, SPIKE Battery, and GO Battery. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Secondary Battery. Its competitors include Lohum, Microvast, Contemporary Amperex Technology, A123 Systems and Exponent Energy and 2 more; 6 of its 7 listed competitors have raised funding.
Company details
Forsee Power was founded in 2011 and is headquartered in Paris, France. Lithium battery systems are produced by the company for applications in electric vehicles, electronic gadgets, marine transport, geomatics, medical equipment, robotics, home automation, and security systems. Operations focus on the energy storage sector, with manufacturing centered on high-performance batteries for industrial and consumer uses across Europe and beyond.
- Headquarters Paris, France
- Employees 351
- Founders Christophe Gurtner
- Stage Public
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Website forseepower.com
- Social LinkedIn X
- Legal Name Forsee Power Sa
- Annual Revenue₹16.21 Cr
FY 2024 · +640% YoY
- Net Loss-₹12.30 Cr
FY 2024 · -76% margin
- EBITDA-₹9.23 Cr
FY 2024 · -57% margin
- Total Equity Funding$143.39M (USD)
in 7 rounds
- Latest Funding Round$289.94K (USD), Grant
Jun 2023
- InvestorsMitsui & Co.
& 3 more
- Employee Count351
Associated legal entities of Forsee Power
Forsee Power operates through Forsee Power India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Forsee Power India Private Limited CIN U51909DL2020FTC365683 | Active | 06 Jul 2020 | New Delhi, Delhi | ₹16.2 Cr | 48 | 3 | View details |
Products & Services of Forsee Power
Forsee Power offers a comprehensive portfolio of products and services, including ZEN Battery, FLEX Battery, PULSE Battery, SPIKE Battery, and GO Battery.
High-energy system for electric vehicle power needs.
Energy and power solution for mobility applications.
High-power battery for demanding electric vehicles.
Ultra-high-power system for advanced mobility.
Swappable battery for lightweight vehicle use.
Funding Insights of Forsee Power
Forsee Power has successfully raised a total of $143.39M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $289.94 thousand completed in June 2023. 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.
- Total Funding $143.39M
- Total Rounds 7
- Last Round Grant — $289,940
- Investors Count 4
All 7 funding rounds of Forsee Power with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $289,940 | Grant | – | – | |
| Feb 2021 | $78.77M | Series C | – | – | – |
| Feb 2021 | $60.6M | Debt – Conventional | – | – | |
| Dec 2017 | $64.61M | Series B | – | Idinvest Partners, European Investment Bank | – |
| Nov 2017 | $364,419 | Grant | – | – | |
| Jan 2017 | $366,178 | Grant | – | – | |
| Dec 2012 | – | Seed | – | Idinvest Partners | – |
4 investors in total: 4 institutional.
Investors in Forsee Power
Forsee Power has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co, European Investment Bank and Idinvest Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Finance and advisory services for infrastructure projects are provided. | 1958 | eib.org | Luxembourg, Luxembourg | |
Equity investments are provided to low and middle market companies. | 1997 | idinvest.com | Paris, France | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Traditional conglomerate services are provided across multiple sectors by Mitsui. | 1947 | mitsui.com | Chiyoda City, Japan |
Investor details for Forsee Power
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Board of directors of Forsee Power India Private Limited (Forsee Power)
Forsee Power India Private Limited is the primary company behind Forsee Power. The board of Forsee Power India Private Limited currently have 3 directors; the longest-serving is Christophe Martin Gurtner, appointed in 2020. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Christophe Martin Gurtner DIN 08782964 | Director | 06 Jul 2020 | 6 yrs 3 mo | Forsee Power India Private Limited |
| Frederic Michel Roger Poupeau DIN 09831562 | Director | 16 Feb 2023 | 3 yrs 8 mo | Forsee Power India Private Limited |
| Nandu Damodar Patil DIN 11388577 | Whole-time director | 08 Jan 2026 | 9 mo | Forsee Power India Private Limited |
People of Forsee Power
64 people are tracked at Forsee Power (20 in leadership, 44 in team); the tracked headcount is 351.
| Name | Role | Group |
|---|---|---|
| Founder, CEO & Chairman | Leadership | |
Fabrice Pégourié | Director, Group Programs & Projects | Leadership |
Frédéric Poupeau | VP, Asia-Pacific | Leadership |
Nicolas Cailloux | VP, Europe | Leadership |
Julien Cursoux | Chief Purchasing Officer & Supply Chain Director | Leadership |
Sophie Tricaud | Chief Communications & Public Affairs Officer | Leadership |
Jay Deis | President & Ceo, North America | Leadership |
Sébastien Rembauville-Nicolle | VP, Business Development | Leadership |
Rémi Fusté | VP, Customer Service & Aftermarket | Leadership |
Lucie Morisset | Director, Group Human Resources | Leadership |
Joel Theut | Chief Technical & Operations Officer | Leadership |
Jon Diller | Sales Director, North America | Leadership |
Hugues Barlow | Group Industrial Director | Leadership |
Richard YU | Sales director in China | Leadership |
Guillaume Bornant | Director - Product, Technology And Innovation | Leadership |
Michael Staley | Site Director | Leadership |
Kenjiro Azuma | Managing Director For Japan, Business Development Director For APAC | Leadership |
Jean-Claude Labrosse | Head Of Mechanical Division | Leadership |
Frederik Baudrier | LEV & Industrial Tech Business Unit Director | Leadership |
Marcos Dieguez | Rail Hub Technical Director | Leadership |
44 more people are available in the full profile.
Complete people profiles for Forsee Power
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IPO & Listings of Forsee Power
Forsee Power is a publicly listed company on the EURONEXT with ticker symbol FORSE in France, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date16 Feb 2026
- Listed onEuronext: ALFOR
- Listed entityForsee Power SA
- Exchange sectorProducer manufacturing
- ISINFR0014005SB3
- Share price0.26 EUR (+3.8% on the day) · 2026-02-23
- Market capitalisation29,237,041.00 EUR
- EPS (diluted, trailing year)-0.28 EUR
- Volume (last session)23,491
- Analyst consensusSell
Financials of Forsee Power
Figures of Forsee Power India Private Limited, the primary company behind Forsee Power, for FY 2024. Revenue was ₹16.21 Cr (+640% year on year). Net loss was -₹12.30 Cr (-76% margin). EBITDA was -₹9.23 Cr (-57% margin). Revenue has grown at a compounded annual rate of +247% over three years.
- ₹16.21 CrRevenue · FY 2024 · +640% YoY
- -₹12.30 CrNet loss · -76% margin
- -₹9.23 CrEBITDA · -57% margin
- ₹27.6 LakhPaid-up capital
- 48Employees (provident fund records)
- +247%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | 151.8M EUR | -12.1M EUR | -1.8M EUR |
| 2023 | 171.2M EUR | -28.0M EUR | -14.0M EUR |
| 2022 | 111.0M EUR | -32.6M EUR | -20.6M EUR |
| 2021 | 72.4M EUR | -38.1M EUR | -20.2M EUR |
| 2020 | 62.1M EUR | -30.1M EUR | -15.0M EUR |
Balance sheet, profit and loss, cash flow and ratios of Forsee Power India Private Limited are on its company page.
Detailed financial statements for Forsee Power
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Forsee Power
4 dated milestones of Forsee Power across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Forsee Power is founded.
- Funding First funding round.
- Funding Latest funding round, Grant, of $290K.
- IPO Lists on the stock exchange (IPO).
Competitors of Forsee Power
Forsee Power has 7 listed competitors in our database, 6 of them funded. They include Lohum, Microvast, Contemporary Amperex Technology, A123 Systems and Exponent Energy, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lohum.com | 2018 | Noida, India | $115.92M | 286 | Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining | |
| microvast.com | 2006 | Stafford, United States | $430M | 2,006 | Lithium-ion batteries for multi-category electric vehicles are developed. | |
| catl.com | 2011 | Ningde, China | – | – | Comprehensive solutions for electric vehicles and energy storage are provided. | |
| a123systems.com | 2001 | Hangzhou, China | $201.26M | 886 | Lithium-ion batteries for automotive and industrial uses are manufactured. | |
| exponent.energy | 2020 | Bengaluru, India | $47.2M | 222 | Rapid-charging technology for electric vehicles is developed and scaled. | |
| solidpowerbattery.com | 2011 | Louisville, United States | $182.02M | 270 | Solid-state lithium-ion batteries are developed with solid electrolyte layers. | |
| store-dot.com | 2012 | Herzliya, Israel | $226M | – | Fast-charging lithium batteries for electric vehicles are developed and manufactured. |
Detailed competitors of Forsee Power
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Web traffic of Forsee Power
The website of Forsee Power (forseepower.com) receives about 8.8K visits a month.
- Monthly visits8.8K
▼ 5.1% vs previous month
Websites whose visitors overlap most with Forsee Power. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| laserax.com | 100% | 79.6K | #497,348 | View details | |
| lythbattery.com | 50% | 18.3K | #1,755,869 | View details |
Top companies in Electric & Green Mobility
10 companies that operate in the same segment as Forsee Power (Electric & Green Mobility), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | San Francisco, California, United States | USD 1.4 B | – | 2,813 | |
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | – | – | |
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 | |
App-based platform offering electric kick scooter rental services | 2018 | Amsterdam, Netherlands | USD 211.85 M | – | – | |
Utility bill management platform is provided for tracking and billing. | 2015 | London, England, United Kingdom | USD 2.81 B | USD 17.62 K | 5,752 | |
Electric vehicles are manufactured and developed by Polestar. | 1996 | Goteborg, Vastra Gotaland, Sweden | USD 550 M | USD 3.06 B | 2,550 | |
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Multi-category electric vehicles are manufactured for diverse applications. | 1999 | Bedford, United States | USD 101.78 M | – | – |
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Related news about Forsee Power
Complete news archive for Forsee Power
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Frequently Asked Questions about Forsee Power
Forsee Power was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Forsee Power is headquartered in Paris, France.
Christophe Gurtner is the current CEO of Forsee Power. They have also founded this company.
Forsee Power is a funded company, having raised a total of $143.39M across 7 funding rounds to date.
Forsee Power has 351 employees.
The primary company behind Forsee Power, Forsee Power India Private Limited, reported revenue of ₹16.21 Cr for FY 2024, up 640% year on year.
Forsee Power was founded in 2011 and is headquartered in Paris, France. Lithium battery systems are produced by the company for applications in electric vehicles, electronic gadgets, marine transport, geomatics, medical equipment, robotics, home automation, and security systems. Operations focus on the energy storage sector, with manufacturing centered on high-performance batteries for industrial and consumer uses across Europe and beyond.
Forsee Power's top competitors include Lohum, Microvast and Solid Power.
Forsee Power offers ZEN Battery, FLEX Battery, PULSE Battery, SPIKE Battery, and GO Battery.
Yes, Forsee Power is publicly traded on EURONEXT under the ticker symbol FORSE.
Forsee Power has 4 investors. Key investors include Mitsui & Co, European Investment Bank, Idinvest Partners, and European Union.
Forsee Power operates through Forsee Power India Private Limited.