Bryte Batteries
Sustainable flow batteries for industrial and commercial energy storage, enhancing renewable energy efficiency and recyclability.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 Valuation: €0.0 14.0x EV/Revenue | round | |
* | NOK2.0m | Grant | |
| Total Funding | 000k | ||
| NOK | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 134 % | 279 % | (67 %) | 156 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 1 % | (121 %) | (67 %) | (346 %) | (44 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Bryte Batteries is a pioneering Norwegian company specializing in the development and integration of flow batteries, a type of energy storage system that uses liquid electrolytes to store energy. The company is dedicated to providing clean and efficient energy solutions, primarily targeting industrial and commercial clients who face power shortages due to limitations in the power grid. Bryte also serves energy producers looking to maximize their renewable energy production, both on and off the grid.
Operating in the Nordic market, Bryte's business model revolves around offering tailored energy storage solutions. The company begins by analyzing the specific energy needs of its clients, then recommends and installs the most suitable battery system. Bryte ensures ongoing support and maintenance, making the transition to sustainable energy storage seamless for its customers.
Bryte generates revenue through the sale and installation of its flow battery systems, as well as through ongoing maintenance and support services. By focusing on long-lasting and easily recyclable battery solutions, Bryte not only helps clients gain control over their energy consumption but also contributes to a cleaner and healthier planet.
In summary, Bryte Batteries is a key player in the Nordic energy storage market, offering sustainable and efficient solutions for industrial, commercial, and energy-producing clients.
Keywords: Flow Batteries, Energy Storage, Renewable Energy, Industrial Solutions, Commercial Solutions, Power Grid, Sustainable Energy, Nordic Market, Energy Efficiency, Recyclable Batteries.