E
ECO STOR
Epurposing EV batteries to give them a ‘second life’
About ECO STOR
ECO STOR is a Norwegian-based startup that specializes in the development and provision of innovative battery management solutions. The company operates in the energy storage market, with a focus on sustainability through the implementation of a circular economy. This approach aims to create a closed-loop, resilient economic system that minimizes waste and pollution, and reduces the negative impacts of human activity on the environment.
ECO STOR's business model is centered around the design and implementation of regenerative products and systems, specifically for the battery industry. The company's patented technology allows them to deliver battery management systems for both before and after the meter. This means they are involved in the entire lifecycle of a battery, from production to disposal, ensuring maximum efficiency and minimal waste.
The company's clients range from financial and industrial investors to potential employees who are passionate about clean energy storage and the development of future technologies. ECO STOR recently raised NOK 100 million in a new investment round, indicating a strong interest from investors and a promising future for the company. The funds raised will primarily be used to facilitate further growth.
In terms of revenue, ECO STOR makes money by selling their innovative battery management solutions to various industries and investors interested in sustainable energy storage.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Oslo, Norway
- Employees
- 29
- Open positions
- 1
- Dealroom signal
- 30.8/100
- Sub-industry
- Energy Storage, Waste Solution, Maintenance
- Sector
- Transportation, Lithium-Ion Batteries, Battery, Sustainable Development Goals, EV Battery Recycling, EV Battery, Climate Tech, Nordic Rising Star 2022, Stationary Energy Storage
- Technology
- Hardware
- 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 |
|---|---|---|---|---|---|
| EARLY VCOther financing | Feb 2024 | $0 | — | X-ELIO · Å Energi · Nature Infrastructure Capital | ↗ |
| EARLY VCOther financing | Feb 2022 | $11M | $44M | Agder Energi Venture | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for ECO STOR is 1.8K monthly website visits, up 650% over the last three months. ECO STOR's team grew 0% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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.
Series A4 investors entered at this stage
Agder Energi Venture
X-ELIO
Å Energi
Nature Infrastructure Capital
Other known investors1 additional known investor
EIT Climate KIC
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about ECO STOR 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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