Bib Batteries is a Paris-based company founded in 2021, specializing in the sustainable management of electric vehicle (EV) batteries across their entire lifecycle. With a focus on innovation and environmental responsibility, Bib Batteries provides solutions to extend the life of EV batteries through real-time monitoring, repair, reuse, and recycling. The company’s mission is to address the growing challenge of battery waste and promote a circular economy in the e-mobility sector.
Bib Batteries targets EV fleet operators, offering tools to optimize battery performance and reduce operational costs. Its AI-powered platform enables proactive management of battery health, helping clients make informed decisions about maintenance and end-of-life options. Since its inception, Bib Batteries has tracked over 40,000 batteries, saving 2,000 tonnes of CO2 through its sustainable practices. The company’s approach not only minimizes environmental impact but also creates economic value by extending battery use and reducing the need for new materials.
Battery Technology
Bib Batteries stands out for its advanced battery management solutions, centered around its AI-powered platform. This technology monitors the health of EV batteries in real-time without requiring additional hardware. By analyzing operational data, the platform provides insights into battery performance, enabling predictive maintenance and early detection of potential issues. This reduces downtime and extends battery life during their primary use in vehicles.
The company also focuses on the second life of batteries, identifying those suitable for repair or reuse. Batteries that no longer meet the demands of EVs are repurposed for less demanding applications, such as energy storage systems. For batteries, at the end of their useful life, Bib Batteries collaborates with a network of certified partners across Europe to ensure proper recycling, the recovery of valuable materials, and the minimization of waste.
Recent Projects
Bib Batteries has achieved notable milestones in recent years. In 2023, the company secured €2.2 million in seed funding from investors, including Family Ventures, NextGear Ventures, and Techstars Paris. This funding supports the expansion of its monitoring platform and partnerships for battery repair and recycling.
Additionally, Bib Batteries has been recognized by the Solar Impulse Foundation as an Efficient Solution for its contributions to sustainable battery management. The company continues to grow its network of certified partners, enhancing its ability to provide eco-friendly and cost-effective solutions for EV batteries.
Investors
Bib Batteries has attracted support from several prominent investors, including Family Ventures, NextGear Ventures, SuperCapital, Wendel Family Office, and Techstars Paris. These partnerships provide the financial backing and expertise needed to scale its innovative solutions and expand its global reach.
Business Details
Location: Paris, France
Website: https://bib-batteries.fr/
LinkedIn: https://www.linkedin.com/company/bib-batteries/
