E
Echandia
The world’s most advanced heavy-duty LTO battery systems. Zero-emission energy for maritime, rail, and wind power
About Echandia
Echandia is a pioneering company specializing in zero emission energy solutions for heavy-duty industries, particularly focusing on the maritime and rail sectors. The company is based in Solna, Sweden, and is renowned for its advanced Lithium Titanium Oxide (LTO) battery modules, which are known for their high performance, reliability, and cost-effectiveness. Echandia's energy systems are designed to be powerful and fast-charging, with the ability to fully charge in less than 10 minutes. The company has also developed a state-of-the-art fuel cell solution in collaboration with Canadian company Redrock Power.
Echandia serves clients in the maritime and rail industries who are looking for sustainable and efficient energy solutions. The company operates in the global market, providing cutting-edge technology that supports the transition to zero emission transport. Its business model revolves around the development, manufacturing, and sale of advanced battery and fuel cell systems. Revenue is generated through the sale of these energy systems and related services.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2012
- Headquarters
- Solna kommun, Sweden
- Employees
- 98
- Open positions
- None listed
- Dealroom signal
- 78.2/100
- Sub-industry
- Clean Energy, Energy Efficiency, Energy Storage, Mobility
- Sector
- Transportation, Marine, Ferry, Battery, Sustainable Development Goals, Climate Tech, Blue Economy
- Technology
- Hardware, Deep Tech
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Jun 2025 | $39M | $157M | Energy and Environment Investment · S2G Investments · Alantra · Industrifonden | ↗ |
| GRANT✓Other financing | Jul 2016 | $524K | — | European Innovation Council | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Echandia is 1.5K monthly website visits, down 70.6% over the last three months. Echandia's team declined 4.9% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
European Innovation Council
Series B and later5 investors entered at this stage
Alantra
Energy and Environment Investment
S2G Investments
Industrifonden
SEB
Other known investors4 additional known investors
Course Corrected
Day One- SASustainable Energy Angels
Swedish Energy Agency
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Echandia on X, ranked by likes and reposts, corporate channels excluded.
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
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