VANEVO’s core innovation is its Redox-Flow battery technology, which stores energy in liquid electrolytes to independently scale energy capacity and power. Their patent-protected adhesive bonding process reduces part count by 40% and costs by 35%, delivers over 15,000 cycles (~20 years lifespan), achieves up to 40% lower LCOS than Li-ion, uses recyclable non-flammable aqueous electrolytes, and relies on vanadium or abundant materials like iron or organic compounds.
VANEVO offers patented battery stacks and standardized modules (10 kW power, 40 kWh capacity) that integrate stacks with tanks, sensors, and a battery management system.
Supplied modules to a Dutch system integrator; U.S. Department of Energy analysis identified VANEVO as having the lowest cycle costs for Redox-Flow batteries.
Backed by European Innovation Council grants, NBank Capital Beteiligungsgesellschaft (Investment and Development Bank of Lower Saxony), private investors Smit Asset Management and Bookjans Asset Management, and investments from founders and executives, including CEO Jan grosse Austing and CFO Uwe Boegershausen.