Enerpoly announced a pre-seed round of EUR 410,000. The company currently has EUR 2.5 million in financing to tackle the lack of sustainable and affordable battery energy storage solutions.
Sustainability-focused homeowners have been installing solar panels on their rooftops for decades, but the majority of the energy they produce is sold back to the utility and not used for their home’s energy needs. To solve this problem, many of these savvy homeowners have evaluated installing batteries to store the energy for when it’s needed, but in most cases, the batteries are far too expensive to justify the investment. Enerpoly’s cost-effective technology answers this need. Our batteries can also support the local economy – everything in the technology can be sourced and manufactured in Sweden,” says Eloisa de Castro, CEO.