TESVOLT AG logo — Commercial & Industrial Energy Storage Systems

TESVOLT AG

Commercial & Industrial Energy Storage Systems

Founded 2014 Germany Wittenberg, Germany 161 employees Unknown Total: $45.23M Energy

General Information

Company Name TESVOLT AG
Founded Year 2014
Location Germany Wittenberg, Germany +1
Employees 161
Industries Energy
Funding Stage Unknown
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AI Insight

Bounce Watch AI
2 months ago

TESVOLT AG is undergoing significant strategic expansion and product innovation, marked by its recent market entry into Sweden and the launch of the intelligent POWERCORE-G2 energy storage system. Concurrently, the company is strengthening its market position through new partnerships and the completion of major projects with key clients like SPIE. This dynamic period reflects a concerted effort to scale its global footprint and enhance its core offerings in the commercial and industrial energy storage sector.

Signal Types
Expansion Product Launch Partnership Customer Win Hiring
Strategic Labels
Market Expansion Product Innovation Channel Growth
Next Move: Fundraising
·
Impact: 8/10
·
Ideal For: Growth Equity Investors — Clean Energy & Industrial Tech

About TESVOLT AG

TESVOLT AG, founded in 2014, is a German innovator specializing in Commercial & Industrial Energy Storage Systems. With a focus on high-performance battery storage systems, TESVOLT caters to commercial, industrial, and utility-scale needs. Their integrated approach combines proprietary control software with certified hardware from leading manufacturers, ensuring robust system performance and reliability.

The company’s comprehensive service model supports installation partners and municipal utilities from project inception to completion, including operation and electricity marketing. TESVOLT ENERGY GmbH, a subsidiary, enables storage systems as small as 50 kW to enter the energy trading market. Additionally, the joint venture TESVOLT OCEAN GmbH expands their offerings to maritime applications.

Having executed over 6,000 projects globally, TESVOLT is backed by notable investors such as UBS, Liechtenstein Group, Berenberg, and E.R. Capital Holdings, with a significant €40.00M Late VC investment in November 2021.

Taxonomy: Energy Storage Systems, Battery Storage, Commercial Energy Solutions, Industrial Energy Solutions, Utility-scale Applications, Maritime Battery Solutions, Lithium Storage Systems, Renewable Energy Integration, Carbon-neutral Manufacturing, Series Production, TÜV-certified Safety, Energy Trading Participation, Project Lifecycle Support, Intelligent Control Software

Services & Products

Battery Storage System Development
Energy Trading Services
Project Planning and Implementation
Energy Management and Control
Market Access for Renewable Energy
Partner Services and Support

Target Customers

Commercial Businesses Industrial Sector Municipal Utilities Agricultural Operations Project Developers Installers and Dealers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Late Vc •••••• 4
Investor Investor
•••• ••••
01 Nov 2021
Grant •••••• - 01 Oct 2018
Grant •••••• 1
Investor
01 Jul 2018
Series A •••••• 2
Investor
•••• ••••
01 Mar 2017

TESVOLT AG Alternatives & Competitors

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FAQ About TESVOLT AG

Commercial & Industrial Energy Storage Systems
TESVOLT AG was founded in 2014.
TESVOLT AG is headquartered in Wittenberg, Germany.
TESVOLT AG operates in the following industries: Energy.
TESVOLT AG has approximately 161 employees.
TESVOLT AG has completed 4 funding rounds, raising a total of $45.23M. The latest funding stage is Unknown.
TESVOLT AG offers: Battery Storage System Development, Energy Trading Services, Project Planning and Implementation, Energy Management and Control, Market Access for Renewable Energy, Partner Services and Support.
Top alternatives and competitors to TESVOLT AG include NEC Energy Solutions, nRuiT Energy, RCT Power, Nerve Smart Systems, Evyon. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
TESVOLT AG and NEC Energy Solutions 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.

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