# Brill Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/brill-power

- Industry: Energy Storage & Batteries
- Headquarters: Oxford, UK
- Website: www.brillpower.com
- Total disclosed funding: $12M
- Latest round: Series A (Jul 20, 2021)
- Investors on record: 7

## About

Brill Power Ltd. develops advanced battery management solutions that optimize energy storage systems, enhancing performance and longevity for applications in electric vehicles and renewable energy.Founded in 2016 in Oxford, UK, Brill Power Ltd. specializes in battery management technology. The company was co-founded by Adrien Bizeray, Carolyn Hicks, Christoph Birkl, and Damien Frost. Under the leadership of CEO Christoph Birkl, the firm has successfully raised a total of USD 10.5 mn in funding, with a Series A round completed on July 20, 2021. This funding round featured participation from investors such as Barclays, Climate-KIC Accelerator, Legal & General Capital, and others.Brill Power specializes in advanced battery management solutions designed to enhance the performance and longevity of energy storage systems. Their core product offerings include intelligent battery management software and hardware that enable real-time monitoring and optimization of battery cells. These solutions cater to a diverse range of applications, including electric vehicles, renewable energy storage, and grid stabilization. The company targets commercial and industrial clients, alongside end-users who prioritize energy efficiency and sustainability, mainly in North America and Europe.Brill Power generates revenue through a combination of direct sales and strategic partnerships with manufacturers and energy companies. The company's business model typically involves B2B transactions, where clients purchase its battery management systems for integration into their products or services. Pricing structures consist of upfront costs for hardware and ongoing subscription fees for software services. Their flagship products, including the proprietary battery management system, provide a comprehensive solution for optimizing battery performance, fostering long-term client relationships.In July 2022, Brill Power Ltd. raised USD 10.5 mn in Series A funding, co-led by Legal & General Capital and Barclays, with support from returning investors. The company plans to utilize this funding to enhance team growth, advance product development, and expand its market presence in both the static energy storage and automotive sectors. Brill Power aims to introduce new products designed for these markets and target expansion into additional geographic regions by the end of 2024.

## Funding rounds

- Series A, Jul 20, 2021, $11M — Legal & General Investment Management, Barclays, Oxford Sciences Enterprises, Climate-KIC Accelerator, Oxford University Innovation Limited, Shell Ventures, Oxford Investment Consultants
- Seed, Feb 17, 2021, $2M — Oxford Sciences Enterprises, Oxford Investment Consultants

## Investors

- Oxford Sciences Enterprises (https://capitalatlas.ai/funds/oxford-sciences-enterprises) — Seed, Series A
- Oxford Investment Consultants — Seed, Series A
- Legal & General Investment Management (https://capitalatlas.ai/funds/legal-general-investment-management) — Series A
- Barclays — Series A
- Climate-KIC Accelerator — Series A
- Oxford University Innovation Limited — Series A
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A
