Skeleton Technologies announced on May 7, 2026, that it has secured the first close of a larger pre-IPO funding round with an initial €33 million investment, bringing its total venture capital raised to €392 million ahead of a planned U.S. public offering in 2027. The company, a provider of high-power energy storage solutions for AI data centers and grid power systems, said the new capital will support the scaling of its existing production facilities and expansion into the United States. Skeleton currently operates a mass-scale supercapacitor plant in Germany and a one-gigawatt SuperBattery factory in Finland.
“As AI infrastructure continues to scale, reliable, high-performance power solutions have become critical,” said Taavi Madiberk, CEO and co-founder of Skeleton Technologies. “This funding round brings additional strategic partners to the table and strengthens our ability to deliver the next generation of power solutions that cut AI data center energy consumption by 40%, increase computing power by 40%, and enable faster power grid connection.”
Madiberk highlighted the value of Axon’s technology investment expertise and Taiwania Capital’s ties to the Taiwanese chip industry in supporting Skeleton’s IPO preparations and global market entry. Francisco Velazquez, founder and managing partner at Axon Partners Group, commented that scaling AI data centers sustainably will require new approaches to power infrastructure and that Skeleton is well positioned to meet this need as it transitions to a public company.
David Weng, CEO of Taiwania Capital, pointed to Taiwan’s role as a hub for AI data center supply chains and Europe’s strength in deep-tech innovation. By backing Skeleton, he said, the firm aims to connect the company’s energy storage technology with Taiwan’s robust AI ecosystem to build a resilient power backbone for the AI era.
Madiberk added that while U.S. hyperscalers lead global AI deployment, power constraints are a universal challenge across Europe and Asia. He said the support of a diverse investor base will be essential to meet accelerating demand and sustain the company’s rapid growth.
Source: Skeleton Technologies News
