# Battolyser Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/battolyser-systems

- Industry: Energy Storage & Batteries
- Headquarters: Schiedam, Netherlands
- Website: www.battolysersystems.com
- Total disclosed funding: $33M
- Latest round: Series A (Sep 12, 2024)
- Investors on record: 3

## About

Founded in 2018 and based in the Netherlands, Battolyser Holding B.V., doing business as Battolyser Systems is an integrated battery electrolyzer that develops and manufactures integrated batteries. The company is a spin-out from Delft University of Technology. In October 2023, Battolyser Systems raised EUR 40 million in venture debt funding from the European Investment Bank. As of 2023, the company is led by its CEO, Mattijs Slee.

Battolyser Systems designs and manufactures integrated battery electrolyzer systems that can be used to store electricity or produce hydrogen. The company’s product portfolio includes the Battolyser 250 system series, which is a 1 MW/MWh system; the Battolyser 500 system series, which is a 2–5 MW/MWh system; and the Battolyser 1000 system series, which is a 500 MW/MWh system.

The company plans to use the funds raised in October 2023 to commercialize its technology and scale its production facility in Rotterdam toward mass production of its combined electricity storage and electrolyzer stack system.

## Funding rounds

- Series A, Sep 12, 2024, $17M — Global Cleantech Capital, Innovation Industries, Invest-NL
- Series A, Jul 1, 2023, $16M — Global Cleantech Capital, Innovation Industries

## Investors

- Global Cleantech Capital (https://capitalatlas.ai/funds/global-cleantech-capital) — Series A
- Innovation Industries (https://capitalatlas.ai/funds/innovation-industries) — Series A
- Invest-NL — Series A