Product Reports Resources Pricing Login Book a demo

CustomCells

Aviation · Itzehoe, Germany · Founded 2012

Development and series production of electrodes, electrolytes and Battery Cells MoreLess

CustomCells operates as a specialized developer and manufacturer of application-specific lithium-ion battery cells, positioning itself at the premium end of the energy storage market. The company was established in 2012 in Itzehoe, Germany, as a spin-off from the Fraunhofer Institute for Silicon Technology (ISIT). The founders, Leopold König and Torge Thönnessen, who have known each other since childhood, identified a market opportunity for customized battery solutions that exceeded the capabilities of the institute.

Leopold König's background is in industrial engineering, and he previously worked as a paramedic before transitioning to electromobility at Fraunhofer ISIT. Torge Thönnessen holds a background in chemistry and began his scientific career at Fraunhofer ISIT, focusing on scaling up lithium battery cell manufacturing from the lab to industrial production. Their combined expertise established a company that bridges the gap between research and mass production. The company’s business model involves developing and certifying bespoke lithium-ion battery technologies and assisting original equipment manufacturers (OEMs) in scaling these technologies from the laboratory to full production. This includes providing services across the entire value chain, from material selection and prototyping to series production and support for commissioning gigafactories.

CustomCells serves a diverse client base across high-stakes industries, including automotive, aviation, maritime, and medical technology. The firm has become a development partner for major automotive manufacturers and is notably involved in the electrification of air transport, supplying battery cells for Lilium's all-electric jets. A significant milestone was the 2021 formation of the Cellforce Group, a joint venture with Porsche AG, to develop high-performance battery cells. The company's revenue is generated through projects and services tailored to customer needs, as well as through the production of small to medium-sized series of custom battery cells. For certain applications, the business model resembles that of an intellectual property supplier, earning royalties while the OEM or a third party finances the large-scale production facilities.

The company's core offering is its ability to tailor battery cells to specific performance requirements, whether it be power density, energy density, cycle stability, or safety certifications. They manufacture a variety of formats, including pouch and cylindrical cells, and have developed expertise in advanced materials like high-silicon anodes. This is demonstrated by licensing agreements, such as the one with Enevate to produce their silicon-dominant 'XFC-Energy' battery technology. With production sites in Itzehoe and Tübingen, and a new office in Detroit, USA, CustomCells is expanding its global footprint. The company has successfully raised capital to fuel this growth, including a €60 million Series A financing round in late 2022, led by World Fund and Abacon Capital, to expand its e-aviation activities and international presence. Keywords: lithium-ion battery cells, custom battery manufacturing, energy storage solutions, e-aviation batteries, automotive battery technology, battery development, battery industrialization, high-performance batteries, Fraunhofer spin-off, silicon anode technology, Cellforce Group, Porsche partner, Lilium supplier, battery prototyping, energy storage systems, electromobility, battery R&D, advanced air mobility, German engineering, battery value chain, premium battery technology, electric vehicle components, Itzehoe, Tübingen, electrification

Company overview

CustomCells company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2012
Headquarters
Itzehoe, Germany
Employees
89
Open positions
None listed
Dealroom signal
62.5
sub industryEnergy Storagebusiness modelManufacturingsectorLithium-Ion BatteriessectorChemistrysectorSpinoutsectorSustainable Development GoalssectorAviation and AerospacesectorEV Battery ProductionsectorEV BatterysectorClimate TechsectorNovel EnergysectorElectric MobilitysectorHard TechsectorEIT InnoEnergy

Valuation & funding

CustomCells funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing May 2023 $0 Manz
SERIES AOther financing Dec 2022 $69M $277M World Fund · Porsche Ventures · Vsquared Ventures · Abacon Capital
EARLY VCOther financing Jul 2021 $0 Porsche Ventures · Primepulse SE · Vsquared Ventures · 468 Capital
EARLY VCOther financing Aug 2017 $0 P3 Group
EARLY VCOther financing Dec 2013 $0 HTGF · IFB Innovationsstarter · Altana
SPINOUTOther financing Jan 2012 Fraunhofer Venture · Fraunhofer Society - Fraunhofer Gesellschaft
Showing 6 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $2.2M 0% 89
2025 $2.2M 0% 105
2024 $2.2M 0% 148
2023 $2.2M 0% 187
2022 $2.2M +154.6%
2021 $851K
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

CustomCells website traffic

Latest recorded traffic for CustomCells is 1.7K monthly website visits, up 84.8% over the last three months. CustomCells's team declined 15.2% over the past year.

Latest monthly visits1.7K 3-month web change+84.8% 1-year team growth-15.2%
Monthly website visits106 observations · Nov 2016–Jul 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

CustomCells compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

CustomCells's talent

Book a demo to see the people
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

13 investors on CustomCells's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 11 investors entered at this stage
HTGF
IFB Innovationsstarter
Altana
P3 Group
Porsche Ventures
Primepulse SE
Vsquared Ventures
468 Capital
World Fund
Abacon Capital
Manz
Other known 2 additional known investors
Fraunhofer Society - Fraunhofer Gesellschaft
Fraunhofer Venture

Global footprint

Where CustomCells has talent and traffic

Workforce by country
2 countries with
team presence
🇩🇪 Germany98.5%
🇺🇸 United States1.5%
2 countries shown

In the news

Latest news about CustomCells

Recent press, funding announcements, and product moves mentioning CustomCells — open to read from the original sources.

See all news

Market sentiment

What the market is saying about CustomCells

An AI-synthesized read of the highest-engagement posts about CustomCells on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See CustomCells’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.