Element Energy Asset Profile

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Year established

2019

Location

Menlo Park CA US

Primary Industry

Energy Storage & Batteries

About

Founded in 2019, and based in California, US, Element Energy, Inc. operates as an energy management company that provides a battery management technology to control lithium-ion battery packs for its customers. The company was founded by its President and CEO, Anthony Stratakos; COO, Seth Kahn; and CSO, Rainer Fasching. In 2020, Element Energy raised venture funding from new investors Edison International, LG Technology Ventures, Prelude Ventures, and Radar Partners. As of 2022, the company has offices in the US and South Korea. Element Energy offers a patented battery management system technology called Cell-Level BMS™, that uses adaptive cell-learning algorithms to increase the performance, safety, and lifespan of large lithium-ion battery packs while lowering costs. The system provides its users with control over the charge and discharge of each individual cell inside the lithium-ion battery pack to increase its energy throughput.

Current Investors

Radar Partners, Edison International, Prelude Ventures

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Primary Industry

Energy Storage & Batteries

Sub Industries

Energy Storage & Batteries, Software

Website

www.elementenergy.com

Verticals

Clean Technology

Company Stage

Series B

Total Amount Raised

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