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Alevo

Description

Developer and manufacturer of lithium-iron-phosphate grid storage batteries. The company produces 2-megawatt and 1 megawatt-hour containerized energy storage systems to manage intermittent power supplies from renewable sources such as wind and sun.

2009

Founded

PRIVATE

Status

11-50

Employees

Early Stage VC

Latest Deal Type

$1B

Latest Deal Amount

$1B

Total Amount Raised

Description

Developer and manufacturer of lithium-iron-phosphate grid storage batteries. The company produces 2-megawatt and 1 megawatt-hour containerized energy storage systems to manage intermittent power supplies from renewable sources such as wind and sun.

Website:

www.alevo.com

Ownership Status

Privately Held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Energy Storage

Other Industries

Energy Production
Alternative Energy Equipment

Primary Office

Rue des Finettes 110 1920 MartignySwitzerland
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Alevo Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Alevo Investors (1)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Jostein EyklandAngel (individual)Minority000 0000000 0000
Jostein Eykland Angel (individual)

Alevo Executive Team (11)

NameTitleBoard
Seat
Contact
Info
Tord EideChief General Counsel
Vladislav BaumgertnerChief Executive Officer
Peter HeintzelmanChief Financial Officer
Alan GreenshieldsChief Operating Officer
Scott SchotterChief Marketing Officer & Chief Sustainability Officer
Tord Eide Chief General Counsel
Vladislav Baumgertner Chief Executive Officer
Peter Heintzelman Chief Financial Officer
Alan Greenshields Chief Operating Officer
Scott Schotter Chief Marketing Officer & Chief Sustainability Officer

Alevo Board Members (3)

NameRepresentingRoleSinceContact
Info
Eric CameronAlevoBoard Member000 0000
Jostein EikelandAlevoFounder & Executive Chairman000 0000
Ola Toftegaard-HoxAlevoVice Chairman & General Counsel000 0000
Eric Cameron Board Member Alevo
Jostein Eikeland Founder & Executive Chairman Alevo
Ola Toftegaard-Hox Vice Chairman & General Counsel Alevo
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