Element Energy

Element Energy, founded in 2019 in Menlo Park, develops adaptive Battery Management Systems that enhance the safety, performance, and lifespan of large-format batteries by up to 50%. Their technology supports electric vehicles and grid-scale energy storage, driving the sustainable energy transition.

Company Location

Country:

United States

City:

Menlo Park, California

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Company Overview

Element Energy develops advanced battery management solutions that improve the safety, performance, and lifespan of large-format battery systems. Founded in 2019 in Menlo Park, California, the company specializes in adaptive Battery Management Systems (BMS) that monitor and control battery packs in real time, extending lifetimes by up to 50% and increasing energy throughput by 50%. Their solutions serve first-life electric vehicle applications and second-life grid-scale energy storage, advancing the sustainable energy transition.

Battery Technology

Element Energy’s proprietary Adaptive BMS architecture continuously monitors individual battery cells, detecting issues up to 100 times faster than traditional systems. It uses sophisticated algorithms for independent cell management, reducing wear and maximizing energy utilization, and supports second-life applications by maintaining approximately 80% of original capacity. The integrated hardware and software enable comprehensive diagnostics and predictive maintenance, ensuring optimal performance in utility-scale energy storage.

Products

Adaptive Battery Management Systems (BMS) hardware and software solutions featuring cell-level monitoring, advanced diagnostics, predictive maintenance, and real-time control for first-life EV and second-life grid storage applications.

Recent Projects

May 2024: Commissioned a 53 MWh second-life battery energy storage facility in West Texas using 900 repurposed EV batteries, the world’s largest second-life project. Established a strategic partnership with LG Energy Solution Vertech to deliver turnkey energy storage systems.

Investors

In November 2023, Element Energy raised $111M in funding, comprising a $73M Series B co-led by Cohort Ventures and a major U.S. clean energy generation company, and a $38M debt facility from Keyframe Capital Partners. Other investors include Mitsubishi Heavy Industries, Drive Catalyst, FM Capital, AFW Partners, LG Technology Ventures, Edison International, Prelude Ventures, and Radar Partners.

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