7.1 / 10
 Slovenska Bistrica

First smart battery connected with own software to an electricity stock exchange to make profit.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Electrical Component
Locations  Slovenska Bistrica
Business Overview
We managed to create a smart battery with a large amount of electricity storage connected to an electricity exchange. Our battery has incredible 25,000 cycles (a Tesla battery has only 3,000 cycles).
Investing EUR 8 M would be equivalent to investing EUR 10 M as we produce the components ourselves, which lowers the ROI by 30%. Plus, the investment is made in a region with an 80% return on investment through taxes.
Products & Services Overview
Software development.
Battery production.
Supervision of electrical power stock exchange.
Our batteries can help earn up to EUR 5,000 per day on the difference in the price of electricity.
Capitalization Overview
The final prototype is finished. We want to drastically reduce the entire investment required first by 30% through assembling the battery in our area, then through EU funds up to 50%. Also through a location of special care, the investment would be recovered much sooner. Instead of the initial EUR 10 million, the entire project would cost us only EUR 3 million.
Assets Overview
We have rented a workspace, and we own tools and workstations.
Partial Stake Sale
USD 9 million for 60.0% stake (Native Currency: EUR 8,000,000)
Reason: R&D of new products, we will start the installation of batteries and generate profit. We have spent... View More
Includes physical assets worth USD 22 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business