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DateInvestorsAmountRound
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Support Program

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Spinout

€1.2m

Series A

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Growth Equity VC
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Early VC
Total FundingAUD2.0m

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Kemiwatt specializes in the development and commercialization of industrial flow batteries utilizing biodegradable and recyclable organic molecules. Founded in 2014, the company has pioneered several world-firsts, including the first organic Redox battery prototype in 2016 and the first industrial demonstrator in 2017. Kemiwatt operates in the energy storage market, primarily serving industries and sectors that require large-scale, sustainable energy solutions. The business model revolves around the sale and licensing of its innovative battery technology, as well as strategic partnerships, such as the one with MANN HUMMEL, to co-develop new generations of Redox Flow Batteries. Revenue is generated through direct sales, partnerships, and long-term service agreements. The company is also a member of the Federation of European Tank Storage Associations (FETSA), further solidifying its position in the European energy storage sector.

Keywords: Flow Batteries, Organic Molecules, Energy Storage, Sustainable Solutions, Industrial Applications, Redox Technology, Biodegradable, Recyclable, Strategic Partnerships, European Market.

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