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Element Energy logo — Element is creating the future of battery management. We mak...

Element Energy

Element is creating the future of battery management. We make batteries safer, longer lasting and higher performing.

Founded 2019 United States Menlo Park, United States 78 employees Series B Total: $146.90M Energy Storage

General Information

Company Name Element Energy
Founded Year 2019
Location United States Menlo Park, United States
Employees 78
Industries Energy Storage
Funding Stage Series B
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About Element Energy

Element Energy, founded in 2019, is positioned as a forefront innovator in the energy storage sector. Headquartered in Menlo Park, California, the company is dedicated to revolutionizing battery management through proprietary hardware and software algorithms. Its key focus is on enhancing the safety, intelligence, and overall performance of large-format battery systems, which are crucial for both first and second-life energy storage as well as electric vehicle applications.

The company's innovative approach is underscored by its recent successful Series B investment, where it secured $73.00M on 14 November 2023. This funding round attracted a consortium of prominent investors including Prelude Ventures, Cohort Ventures, Edison International, Fraser McCombs Capital, LG Technology Ventures, Radar Partners, DRIVE Catalyst, AFW Partners, and Mitsubishi Heavy Industries.

Element Energy's ability to attract such high-profile investors speaks to its robust prospects and potential to set new standards in battery technology, making it a company investors should keenly watch.

Business keywords: Battery Management, Energy Storage, EV Applications, Proprietary Hardware, Software Algorithms, Large-Format Batteries, Battery Safety, Battery Performance, Battery Lifespan, Second-Life Batteries, Hybrid Vehicles, Stationary Storage, Battery Reliability, Cost Efficiency

Services & Products

Design and Development of Battery Management Systems
Proprietary Hardware and Software Solutions for Batteries
Deployment and Integration of Adaptive BMS

Target Customers

Electric Vehicle Manufacturers Renewable Energy Providers Grid Operators Battery Manufacturers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $38.00M 1
Keyframe Capital
Keyframe Capital
14 Nov 2023
Series B $73.00M 9
Prelude Ventures Cohort Ventures Edison International
Prelude Ventures, Cohort Ventures +7
14 Nov 2023
Series B $28.00M 5
Prelude Ventures Cohort Ventures Edison International
Prelude Ventures, Cohort Ventures +3
14 Dec 2022
Grant $7.90M 1
US Department of Energy
30 Nov 2022

Element Energy Alternatives & Competitors

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Element Energy vs
Addionics
Addionics United Kingdom

Addionics is redesigning the architecture of rechargeable batteries

Series B
87 employees
Manufacturing, VR/AR
Compare Element Energy vs Addionics
Element Energy vs
Geniess
Geniess Norway

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

Venture round
2 employees
ESG, Energy
Compare Element Energy vs Geniess
Element Energy vs
Relectrify
Relectrify Australia

World leaders in battery cell-level control technology

Series B
52 employees
Energy, Renewable Energy
Also compare with: Element Energy vs Skip Technology Skip Technology Element Energy vs Evergen (acquired by Intellihub Group) Evergen (acquired by Intellihub Group) View all alternatives

FAQ About Element Energy

Element is creating the future of battery management. We make batteries safer, longer lasting and higher performing.
Element Energy was founded in 2019.
Element Energy is headquartered in Menlo Park, United States.
Element Energy operates in Energy Storage. Its work centres on Battery Management, Energy Storage, EV Applications and Proprietary Hardware. Its customers include Electric Vehicle Manufacturers, Renewable Energy Providers and Grid Operators.
Element Energy has approximately 78 employees.
Element Energy has completed 4 funding rounds, raising a total of $146.90M. The latest funding stage is Series B.
Element Energy offers: Design and Development of Battery Management Systems, Proprietary Hardware and Software Solutions for Batteries, Deployment and Integration of Adaptive BMS.
Top alternatives and competitors to Element Energy include Addionics, Geniess, Relectrify, Moixa (part of Lunar Energy), ACCURE Battery Intelligence. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Element Energy and Addionics 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 Element Energy, https://bouncewatch.com/company/element-energy, updated 18 August 2025. When citing, please name BounceWatch and link this page.

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