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Cactos logo — World's first cloud-controlled, distributed battery energy s...

Cactos

World's first cloud-controlled, distributed battery energy storage system based on recycled EV batteries.

Founded 2021 Finland Finland 36 employees Series A Total: $28.50M Energy, Renewable Energy +1

General Information

Company Name Cactos
Founded Year 2021
Location Finland Finland
Employees 36
Industries Energy, Renewable Energy, Energy Storage
Funding Stage Series A
Social

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About Cactos

Cactos, founded in 2021, is making waves in the Energy sector with its pioneering product—a distributed battery energy storage system that is uniquely controlled via the cloud. Capitalizing on the sustainability trend, Cactos utilizes recycled EV batteries, positioning itself at the forefront of the Renewable Energy industry.

Headquartered in Finland, Cactos recently secured a substantial €26.00M in Series A funding on 10 January 2024. This investment highlights strong investor confidence and was backed by notable entities, including OP Financial Group and Ilmastorahasto - The Finnish Climate Fund.

By combining innovative technology and environmental consciousness, Cactos is poised to impact the global Energy Storage market significantly. It stands out with its ability to not only address energy challenges but also play a part in ecological preservation, making it a compelling opportunity for investors focusing on sustainable and scalable technologies.

Business keywords: cloud-controlled energy storage, distributed battery systems, recycled EV batteries, smart energy storage, critical power supply, renewable energy utilisation, energy storage innovation, sustainable energy solutions, advanced battery technology, local power optimisation

Services & Products

Energy storage system installation
Cactos Spine software for energy management
Battery recycling and repurposing
Energy backup solutions
Consultation and implementation for reserve market entry

Target Customers

Commercial properties Industrial facilities Agricultural businesses Real estate investors Residential apartment buildings Public infrastructure Logistics centers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A €26.00M 2
OP Financial Group Ilmastorahasto - The Finnish Climate Fund
OP Financial Group, Ilmastorahasto - The Finnish Climate Fund
10 Jan 2024
Non Equity Assistance Undisclosed 1
Ørsted Propel acceleration programme
Ørsted Propel acceleration programme
02 Feb 2023
Debt Financing Undisclosed -
29 Nov 2022
Seed Round €2.50M 1
Superhero Capital
Superhero Capital
29 Nov 2022

Latest News

View All
Finland's tech ecosystem: Growth, green tech, and global reach — Tech
Finland's tech ecosystem: Growth, green tech, and global reach
Tech Jul 17, 2025
Could this Finnish seaside city be the next Scandinavian deeptech hotspot? — Sifted
Could this Finnish seaside city be the next Scandinavian deeptech hotspot?
Sifted Mar 01, 2024
Helsinki-based startup Cactos secures over €26M for BESS investment — Tech
Helsinki-based startup Cactos secures over €26M for BESS investment
Tech Jan 23, 2024
Finnish startup Cactos raises over €26 million to double down on its battery energy storage system p... — Eu-startups
Finnish startup Cactos raises over €26 million to double down on its battery energy storage system portfolio
Eu-startups Jan 23, 2024

Cactos Alternatives & Competitors

View All Alternatives
Cactos vs
e-On Batteries
e-On Batteries United States

Powering sustainable energy with advanced lithium battery solutions for industries, homes, and elect...

4 employees
Manufacturing, Renewable Energy
Compare Cactos vs e-On Batteries
Cactos vs
WattLearn
WattLearn United States

Intelligent energy storage for a sustainable grid.

Seed
2-10 employees
AI, Energy
Compare Cactos vs WattLearn
Cactos vs
Geniess
Geniess Norway

Catalyzing the distributed energy storage revolution by enabling easier, faster, and better battery...

Venture round
2 employees
ESG, Energy
Also compare with: Cactos vs Fortress Power Fortress Power View all alternatives

FAQ About Cactos

World's first cloud-controlled, distributed battery energy storage system based on recycled EV batteries.
Cactos was founded in 2021.
Cactos is headquartered in Finland.
Cactos operates in Energy, Renewable Energy and Energy Storage. Its work centres on cloud-controlled energy storage, distributed battery systems, recycled EV batteries and smart energy storage. Its customers include Commercial properties, Industrial facilities and Agricultural businesses.
Cactos has approximately 36 employees.
Cactos has completed 4 funding rounds, raising a total of $28.50M. The latest funding stage is Series A.
Cactos offers: Energy storage system installation, Cactos Spine software for energy management, Battery recycling and repurposing, Energy backup solutions, Consultation and implementation for reserve market entry.
Top alternatives and competitors to Cactos include e-On Batteries, WattLearn, Geniess, Na Innovative Energy, Fortress Power. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cactos and e-On Batteries are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cactos, https://bouncewatch.com/company/cactos, updated 18 August 2025. When citing, please name BounceWatch and link this page.

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