
Alsym Energy
Working to deliver performance comparable to lithium-ion batteries at a fraction of the cost and risk.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | €0.0 | round | |
* | $78.0m | Late VC | |
Total Funding | 000k |
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Alsym Energy is a startup operating in the clean energy sector, specifically in the field of energy storage. The company is developing high-performance, non-flammable batteries that offer performance comparable to lithium-ion batteries but at a fraction of the cost. These batteries are designed to store power from renewable energy sources such as solar arrays and wind farms, as well as manage larger data center and microgrid installations.
Alsym's business model revolves around partnering with Original Equipment Manufacturers (OEMs) and storage integrators globally. These partners will help Alsym scale its next-generation energy storage solutions, which are targeted towards stationary storage, maritime and marine applications, and electric vehicles.
The company's market includes renewable energy producers, data centers, and the broader clean energy sector. Alsym's value proposition is its cost-effective and safe energy storage solutions, which are crucial for the stability and consistency of power grids and the broader achievement of global clean energy and sustainability goals.
The company is led by a seasoned financial leader with over 25 years of experience in building high-performance finance and administrative strategies for early-stage global manufacturing and service companies. The Business Advisory Board is chaired by Nitin Nohria, a retired Dean of the Harvard Business School.
Alsym Energy is based in Massachusetts, United States, and its partners include Nissen Kaiun Synergy Group.
Keywords: Energy Storage, Clean Energy, High-Performance Batteries, Cost-Effective Solutions, Renewable Energy, Data Centers, OEM Partnerships, Maritime Applications, Electric Vehicles, Sustainability Goals.