Rain of e-money: The Aachen-based greentech startup Voltfang, a specialist in energy storage from second-life electric car batteries, has secured €5 million in new capital to scale up its production.
The consortium is led by the lead investor PT1 – PropTech Ventures. Other investors include Helen Ventures, Aurum Impact, Eviny and existing investor AENU.
With its high-quality energy storage systems, Voltfang supplies used batteries from
Electric cars are a solution to both the battery recycling problem and the
Energy transition.
Battery recycling problem
The Aachen-based startup enables the recycling of e-car batteries with specially developed, AI-based software that can evaluate batteries for their longevity. We give the battery a second life in stationary operation. With the help of our operating systems and continuous monitoring, we can make our batteries last just as long as a new battery.
10-year battery flat
We guarantee that with our 10-year battery flat rate,” says David Oudsandji, Co-CEO of Voltfang. The company has already carried out several successful pilot projects in Germany and has been able to win major customers such as ALDI Nord and Schaltbau.