Element Energy

Element Energy

Utilizes proprietary hardware and software algorithms to improve the safety, intelligence, and economics of large-format battery systems.

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$38.0m

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Total Funding000k
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Element Energy is a startup that specializes in the development of advanced Battery Management Systems (BMS). Their proprietary hardware, software, and controls are designed to revolutionize the way batteries are used and managed, particularly in the context of decarbonization and the growing demand for electric vehicles (EVs) and grid storage.

The company's innovative approach addresses the shortcomings of conventional BMS that have remained unchanged for 30 years. Element Energy's adaptive BMS architecture reimagines the battery pack from the ground up, making it safer, longer-lasting, and more efficient.

Their system continuously monitors each battery cell, identifying and mitigating any potential failures before they lead to serious issues such as thermal runaway. This proactive approach not only enhances safety but also improves performance, with fault response times up to 100 times faster than traditional BMS.

Moreover, Element Energy's intelligent cell management algorithms can extend the battery's lifetime by up to 50%. By independently monitoring and managing each cell, the system reduces wear and prolongs the life of the entire pack.

Element Energy operates in the rapidly growing market for EVs and grid storage, both of which are integral to achieving carbon neutrality. The company's business model is based on selling their advanced BMS to manufacturers of EVs and grid storage systems.

Keywords: Battery Management Systems, Electric Vehicles, Grid Storage, Decarbonization, Safety, Performance, Adaptive BMS Architecture, Cell Management Algorithms, Carbon Neutrality, Battery Lifetime.

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