VANEVO GmbH

VANEVO GmbH, based in Oldenburg, Germany, pioneers advanced energy storage with patented Redox-Flow technology. Their scalable solutions integrate renewables and stabilize grids for industrial and e-mobility use.

Company Location

Country:

Germany

City:

Oldenburg

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Company Overview

VANEVO is a Germany-based advanced energy storage company founded in 2018 in Oldenburg by Jan grosse Austing and Uwe Boegershausen. Its mission is to advance the energy transition by developing scalable, sustainable, and affordable energy storage solutions for renewable energies like solar and wind power.

Battery Technology

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.

Products

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.

Recent Projects

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.

Investors

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.

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