Relectrify builds on lead in battery cell-level control with investment led by At One Ventures

Relectrify’s existing investors Toyota Ventures, Australia’s Clean Energy Finance Corporation whose investment is managed by Virescent Ventures, Energy Innovation Capital, GS Futures, Creative Ventures, NOAB Ventures and Relectrify’s Board Chair John Clifford, further increased their investment.

Relectrify’s CellSwitch technology, which has been recognised by CleanTechnica as the world leader in the emerging field of cell-level control for battery systems, achieves game-changing performance improvements for energy storage assets while reducing the cost of systems by eliminating the need for conventional inverters. The technology controls each cell in a battery enabling the extraction of more energy from the system, extending the operational life of a battery storage asset by as much as 30%.

This investment builds on Relectrify’s successful rollout of industrial-scale battery storage systems featuring the CellSwitch technology, which is protected by over 30 granted and pending patents, including in the US, Canada, Europe, South Korea, China, and Japan.

"In essence, Relectrify drives down the cost of battery storage, accelerating the shift towards renewable energy and the move away from fossil fuels. We are highly impressed with Relectrify's technical solution and market traction and are thrilled to lead this funding round."

Laurie Menoud, Founding Partner at One Ventures