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Element Energy
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Developer of multi-cell battery management systems

Founded in 2009
Founded in

Company type Acquired Public ()
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Industry Group energy & power

Sector energy storage

TRL Range 4-6
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Los Altos, CA Los Altos, United States
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Updated by Cleantech Group on 12/21/2023

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Date Investors Type Amount
11/14/2023 Cohort Ventures Cohort Ventures , Mitsubishi Heavy Industries Mitsubishi Heavy Industries , DRIVE Catalyst DRIVE Catalyst , FM Capital FM Capital , AFW Partners AFW Partners , LG Technology Ventures LG Technology Ventures , Edison International Edison International , Prelude Ventures Prelude Ventures , Radar Partners Radar Partners (9)
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Element's technology is being validated on a large scale with a 50 MWh pilot project in the United States, which is expected to be completed in early 2024. Element will collect necessary data through its pilot project, obtain UL certification, and proceed to commercialize the product.
 Series B $73,000,000
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