About:Energy raises £1.5m to progress battery optimisation tech

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Battery technology company About:Energy has raised £1.5m to accelerate the adoption of The Voltt, which reduces the cost to design new battery products through virtual prototyping.

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Funding from the seed investment round will be invested also into the establishment of an independent laboratory and expansion of the team. HighSage Ventures, Vireo Ventures, Rishi Khosla, Plug & Play Ventures, and Electric Revolution Ventures took part in the round.

Trading since 2022, About:Energy is a spin-out from Birmingham University and Imperial College London. Launched earlier this year, The Voltt, addresses the engineering challenges brought about by widespread electrification, as building products with batteries requires accurate modelling of how a battery generates heat, fast charges, and ages over its lifetime.

The Voltt offers a library of commercially available cells and their attributes alongside advanced modelling capabilities. According to the company, this will improve decision-making around battery design by simplifying cell selection, improving performance evaluation, and providing detailed insights into battery behaviour to optimise the use of electric vehicles.

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battery optimisation