What it sells
Battery storage capacity.
Business model breakdown
Buyer: who owns the budget?
Utilities and grid operators; utilities get storage "without capital expenditure or operational risk".
Trigger: what makes them buy now?
Grid congestion, renewable balancing, price volatility and electrification needs.
Economics: what it saves and how it charges
Return builds, owns and operates storage and sells capacity/services so customers avoid capex and operational risk.
Funding history and coverage
| Round date | Stage | Amount | Investors | Source |
|---|---|---|---|---|
| 2025-10-17 | Growth | €300M | — | news.google.com |
Profiles summarize public reporting and company websites. Business-model notes are MaxBC's reading of that material, not confirmed facts; unknowns are left blank rather than guessed. Updated 2026-10-12.