About Kraftblock
Kraftblock is a company based in Saarbrucken (Germany) founded in 2014 by Susanne Konig and Martin Schichtel. Kraftblock has raised $21.99 million across 4 funding rounds from investors including European Union, A&G and Shell Ventures. The company has 23 employees as of December 31, 2022. Kraftblock offers products and services including Net-Zero Heat, Waste Heat Recycling System, Mobile Heat System, and Power Generation System. Kraftblock operates in a competitive market with competitors including Form Energy, Northvolt, Ambri, Verkor and Rondo Energy, among others.
- Headquarter Saarbrucken, Germany
- Employees 23 as on 31 Dec, 2022
- Founders Susanne Konig, Martin Schichtel
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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 Kraftblock Gmbh
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$21.99 M (USD)
in 4 rounds
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Latest Funding Round
$21.99 M (USD), Series B
Aug 08, 2023
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Investors
European Union
& 8 more
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Employee Count
23
as on Dec 31, 2022
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Products & Services of Kraftblock
Kraftblock offers a comprehensive portfolio of products and services, including Net-Zero Heat, Waste Heat Recycling System, Mobile Heat System, and Power Generation System.
Uses renewable electricity for industrial processes
Improves energy efficiency in heavy industries
Links energy sources to applications for flexible use
Enables scalable electricity production from stored energy
People of Kraftblock
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Funding Insights of Kraftblock
Kraftblock has successfully raised a total of $21.99M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $21.99 million completed in August 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.
Investors in Kraftblock
Kraftblock has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, A&G and Shell Ventures.
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Venture capital firm backed by Shell
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Finindus is engaged in early stage and growth financing for industrial innovation.
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TechEnergy Ventures is focused on accelerating the energy transition through investments.
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Investor details for Kraftblock
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Investments & Acquisitions by Kraftblock
Investment portfolio details for Kraftblock
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Financial Statements - Kraftblock
Detailed financials for Kraftblock
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Kraftblock Comparisons
Peer comparison for Kraftblock
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Competitors of Kraftblock
Kraftblock 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 Form Energy, Northvolt, Ambri, Verkor and Rondo Energy, among others.
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Iron-air energy storage systems are developed for renewable energy projects.
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Lithium-ion batteries for electric vehicles are manufactured and optimized.
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Liquid metal batteries are provided for long-duration energy storage.
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Lithium-ion batteries are manufactured for electric vehicles and storage.
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Zero-emission heat solutions for industrial applications are provided.
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Manufacturer of low-cost, efficient vanadium redox flow batteries
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Detailed competitors of Kraftblock
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Latest news on Kraftblock
Complete news archive for Kraftblock
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Frequently Asked Questions about Kraftblock
Kraftblock was founded in 2014 and raised its 1st funding round 7 years after it was founded.
Kraftblock is headquartered in Saarbrucken, Germany. It is registered at Saarbrucken, Saarland, Germany.
Martin Schichtel is the current CEO of Kraftblock. They have also founded this company.
Kraftblock is a funded company, having raised a total of $21.99M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Kraftblock is 23.
Provider of thermal energy storage system. It provides solutions to store a large amount of temperature by combining high thermal conductivity with high specific heat capacity.
Kraftblock's top competitors include Form Energy, Northvolt and Ambri.
Kraftblock offers Net-Zero Heat, Waste Heat Recycling System, Mobile Heat System, and Power Generation System.
Kraftblock has 9 investors. Key investors include European Union, A&G, Shell Ventures, Finindus, and Moore Strategic Ventures.