Echandia
The world’s most advanced heavy-duty LTO battery systems. Zero-emission energy for maritime, rail, and wind power.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | SEK220m | Late VC | |
| Total Funding | 000k | ||
| EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (92 %) | (61 %) | (74 %) | 30498 % | (8 %) | 75 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 12 % | (155 %) | (258 %) | (2133 %) | (32 %) | (67 %) | (68 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (12 %) | (319 %) | (625 %) | (3438 %) | (36 %) | (71 %) | (72 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Echandia is a pioneering company specializing in zero emission energy solutions for heavy-duty industries, particularly focusing on the maritime and rail sectors. The company is based in Solna, Sweden, and is renowned for its advanced Lithium Titanium Oxide (LTO) battery modules, which are known for their high performance, reliability, and cost-effectiveness. Echandia's energy systems are designed to be powerful and fast-charging, with the ability to fully charge in less than 10 minutes. The company has also developed a state-of-the-art fuel cell solution in collaboration with Canadian company Redrock Power.
Echandia serves clients in the maritime and rail industries who are looking for sustainable and efficient energy solutions. The company operates in the global market, providing cutting-edge technology that supports the transition to zero emission transport. Its business model revolves around the development, manufacturing, and sale of advanced battery and fuel cell systems. Revenue is generated through the sale of these energy systems and related services.
Keywords: Zero emission, LTO batteries, maritime, rail, heavy-duty, sustainable transport, fast-charging, fuel cells, high performance, energy solutions.