Last deal

Amount

Non-equity Assistance

Stage

02.02.2023

Date

4

all rounds

$2.4M

Total amount

General

About Company
Geyser Batteries Oy manufactures high-power ultra-durable batteries that can charge and discharge in seconds.

Industry

Sector :

Subsector :

Also Known As

Geyser

founded date

03.07.2018

Number of employees

Company Type

For Profit

Last funding type

Non-equity Assistance

IPO status

Private

Description

The Finnish cleantech startup uses proprietary water-based electrochemistry and patent-pending ECR technology to create rechargeable batteries that combine energy storage mechanisms from batteries and supercapacitors, providing fast-storage batteries with a minimal cost per charge, lowest in class greenhouse gas emissions, maximum safety, and ease of recycling. Geyser Batteries' supply chain presents a stark contrast to the challenges of the traditional battery industry as it is free of Nickel, Cobalt, and other traditional electrode materials.