Tesvolt

Seevetal, Germany Founded: 2014 • Age: 12 yrs
Lithium battery-based power storage systems developer
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About Tesvolt

Tesvolt is a company based in Seevetal (Germany) founded in 2014 by Simon Schandert.. Tesvolt offers products and services including TESVOLT FORTON TS 48 V, TS-I HV 80, and Energy Management System. Tesvolt operates in a competitive market with competitors including Microvast, A123 Systems, Corvus Energy, Powin Energy and Cadenza Innovation, among others.

  • Headquarter Seevetal, Germany
  • Founders Simon Schandert
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tesvolt Gmbh
Operational Areas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    UBS

    & 6 more

  • Employee Count
    Employee Count
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Products & Services of Tesvolt

Tesvolt offers a comprehensive portfolio of products and services, including TESVOLT FORTON TS 48 V, TS-I HV 80, and Energy Management System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Lithium-based system for flexible energy requirements

High-voltage storage for commercial applications

Platform for monitoring and optimizing energy flows

People of Tesvolt
Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Ewa Sachse
Senior Controller International
People
Mathias Ressel
Corporate Finance
People
Sven Pirsig
Head of Corporate Governance

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Funding Insights of Tesvolt

  • Total Funding
  • Total Rounds 5
  • Last Round
  • First Round
  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2021 Amount Series C - Tesvolt Valuation Liechtenstein Group
Sep, 2020 Amount Grant - Tesvolt Valuation

investors

Dec, 2018 Amount Grant - Tesvolt Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tesvolt

Tesvolt has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include UBS, European Union and Liechtenstein Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
-
Founded Year Domain Location
Venture capital is provided to early-stage and growth startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tesvolt

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Tesvolt

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tesvolt Comparisons

Employees
+
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Competitors of Tesvolt

Tesvolt 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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tesvolt

Frequently Asked Questions about Tesvolt

When was Tesvolt founded?

Tesvolt was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Where is Tesvolt located?

Tesvolt is headquartered in Seevetal, Germany. It is registered at Seevetal, Lower Saxony, Germany.

What does Tesvolt do?

Tesvolt was founded in 2014 in Seevetal, Germany, as a developer of lithium battery-based power storage systems. Operations focus on manufacturing and supplying scalable systems customized for renewable energy applications, including photovoltaic setups, biogas plants, combined heat and power units, wind turbines, hydroelectric stations, and hybrid plants. Connections to low-voltage grids are supported across these generation units.

Who are the top competitors of Tesvolt?

Tesvolt's top competitors include Microvast, Corvus Energy and A123 Systems.

What products or services does Tesvolt offer?

Tesvolt offers TESVOLT FORTON TS 48 V, TS-I HV 80, and Energy Management System.

Who are Tesvolt's investors?

Tesvolt has 7 investors. Key investors include UBS, European Union, Liechtenstein Group, Berenberg, and EIC Fund.

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