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Lesys logo — Innovative low-cost vanadium electrolyte production from ind...

Lesys

Innovative low-cost vanadium electrolyte production from industrial byproducts, poised for mass production.

Founded 2011 Corporate Round Total: $2.65B Manufacturing, Renewable Energy +1

General Information

Company Name Lesys
Founded Year 2011
Industries Manufacturing, Renewable Energy, Energy Storage
Funding Stage Corporate Round
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About Lesys

Lesys is an innovative startup focused on the low-cost production of vanadium electrolytes from industrial byproducts, with a slogan of "Innovative low-cost vanadium electrolyte production from industrial byproducts, poised for mass production." Founded in 2011, the company has developed a technology to efficiently extract vanadium from electrostatic precipitator ashes, a byproduct of thermal power plants. This breakthrough enables cost-effective vanadium electrolyte production for redox flow batteries, catering to the Manufacturing, Renewable Energy, and Energy Storage industries. With its recent ¥200.00M Corporate Round investment from Nishimatsu Construction on 23 September 2020, Lesys is poised to scale up its operations and move into mass production, representing a promising opportunity for venture capital investment.

Business keywords: vanadium extraction, electrolyte production, industrial byproducts, thermal power plants, redox flow batteries, low-cost production, mass production, technology, innovation, energy storage, battery technology, resource recovery

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Corporate Round ¥200.00M 1
Nishimatsu Construction
23 Sep 2020
Venture Round ¥700.00M 3
INCJ
INCJ, TOA ELECTRIC INDUSTRIAL +1
24 Aug 2020
Venture Round ¥740.00M 1
INCJ
INCJ
30 Aug 2019
Venture Round ¥433.98M 3
Oita Venture Capital Taiyo Oil
Oita Venture Capital, Taiyo Oil +1
31 Aug 2018
Venture Round ¥580.00M 2
INCJ QB Capital
INCJ, QB Capital
14 Nov 2017
Seed Round Undisclosed 1
Mitsubishi UFJ Capital
Mitsubishi UFJ Capital
10 Jul 2014

Lesys Alternatives & Competitors

View All Alternatives
Lesys vs
Vecco Group
Vecco Group Australia

Vecco is an integrated mining and manufacturing critical minerals business creating a vanadium batte...

11 employees
Manufacturing, Energy Storage
Lesys vs
E22 Energy Storage Solutions
E22 Energy Storage Solutions Spain

Advanced energy storage solutions for renewables and mixed sources

6 employees
Design, Manufacturing
Lesys vs
Suqian Times Energy Storage
Suqian Times Energy Storage

Pioneering sustainable energy storage with advanced aqueous organic flow batteries

Series A
Energy, Manufacturing
View all alternatives

FAQ About Lesys

Innovative low-cost vanadium electrolyte production from industrial byproducts, poised for mass production.
Lesys was founded in 2011.
Lesys operates in Manufacturing, Renewable Energy and Energy Storage. Its work centres on vanadium extraction, electrolyte production, industrial byproducts and thermal power plants.
Lesys has completed 6 funding rounds, raising a total of $2.65B. The latest funding stage is Corporate Round.
Top alternatives and competitors to Lesys include Vecco Group, E22 Energy Storage Solutions, Suqian Times Energy Storage, Prieto Battery, Xingchen New Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lesys and Vecco Group 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 Lesys, https://bouncewatch.com/company/lesys, updated 18 March 2025. When citing, please name BounceWatch and link this page.

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