About ITEN
ITEN is a company based in Dardilly (France) founded in 2011. ITEN has raised $79.8 million across 2 funding rounds from investors including Groupe SEB, Bpifrance and Eren Groupe. The company has 23 employees as of December 31, 2020. ITEN offers products and services including Solid-State Batteries and Pallet Asset Tracking Device. ITEN operates in a competitive market with competitors including VARTA, 3DBattery, Ensurge, FlexCap Energy and Hylicreate, among others.
- Headquarter Dardilly, France
- Employees 23 as on 31 Dec, 2020
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name I-Ten
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Annual Revenue
$1.55 M (USD)-20as on Dec 31, 2023
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Net Profit
-$7.46 M (USD)-38as on Dec 31, 2023
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EBITDA
-$8.08 M (USD)-27as on Dec 31, 2023
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Total Equity Funding
$79.8 M (USD)
in 2 rounds
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Latest Funding Round
$79.8 M (USD), Series C
Oct 04, 2022
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Investors
Groupe SEB
& 4 more
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Employee Count
23
as on Dec 31, 2020
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Products & Services of ITEN
ITEN offers a comprehensive portfolio of products and services, including Solid-State Batteries and Pallet Asset Tracking Device.
High-density batteries for IoT and wearables applications.
Device using solid-state batteries for asset tracking.
People of ITEN
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Funding Insights of ITEN
ITEN has successfully raised a total of $79.8M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $79.8 million completed in October 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 ITEN
ITEN has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Groupe SEB, Bpifrance and Eren Groupe.
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Investments are directed toward early-stage technology-led companies by Innovacom.
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UI Investissement is engaged in private equity and investment services.
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Corporate consultancy, advisory, and funding services are provided to businesses.
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Investor details for ITEN
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Investments & Acquisitions by ITEN
Investment portfolio details for ITEN
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Financial Statements - ITEN
Detailed financials for ITEN
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Iten Comparisons
Peer comparison for ITEN
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Competitors of ITEN
ITEN 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 VARTA, 3DBattery, Ensurge, FlexCap Energy and Hylicreate, among others.
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Lithium-ion batteries and storage systems are manufactured for diverse applications.
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Micro battery solutions are developed for flexible and wearable technologies.
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Energy storage solutions for wearable devices are developed by Ensurge.
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Flexible thin-film batteries are supplied for wearable devices.
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A technology-driven company specializing in research and development of solid-state lithium-ion battery products.
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Detailed competitors of ITEN
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Latest news on Iten
Complete news archive for ITEN
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Frequently Asked Questions about ITEN
ITEN was founded in 2011 and raised its 1st funding round 3 years after it was founded.
ITEN is headquartered in Dardilly, France. It is registered at Dardilly, Rhone, France.
Vincent Cobee is the current CEO of ITEN.
ITEN is a funded company, having raised a total of $79.8M across 2 funding rounds to date.
As of Dec 31, 2020, the latest employee count at ITEN is 23.
Annual revenue of ITEN is $1.55M as on Dec 31, 2023.
Manufacturer of lithium-ion batteries. Its batteries utilize nanomaterials and proprietary architectures to achieve power density and miniaturization. It controls the entire manufacturing process, from material synthesis to final testing, ensuring high performance and quality for applications like the backup of RTC or volatile memories, wireless autonomous sensor networks, watches, smartcards, electronic shelf labels, and disposable, implantable or minimally invasive medical devices.
ITEN offers Solid-State Batteries and Pallet Asset Tracking Device.
ITEN has 5 investors. Key investors include Groupe SEB, Bpifrance, Eren Groupe, Innovacom, and UI Investissement.