# Prieto Battery

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prieto-battery

- Industry: Energy Storage & Batteries
- Headquarters: Fort Collins, US
- Website: www.prietobattery.com
- Total disclosed funding: $6.9M
- Latest round: Series C (Aug 18, 2021)
- Investors on record: 3

## About

Prieto Battery, Inc., based in the US, specializes in advanced energy storage solutions through innovative battery technology, focusing on enhancing efficiency and capacity for various applications, including electric vehicles and renewable energy.Prieto Battery, Inc. develops proprietary energy storage solutions and was founded in 2009 in Fort Collins, US. The company has undergone strategic developments to refine its technology. The founder, Amy Prieto, has a background in battery technology and innovation. As of August 2021, the company raised USD 5.7 mn in Series C funding led by Pilatus Capital, with participation from Stanley Ventures, totaling USD 5.7 mn raised to date across 11 deals.Prieto Battery focuses on advanced energy storage solutions, primarily through its patented Prieto Battery, which employs a unique 3D architecture to enhance energy capacity and efficiency compared to traditional lithium-ion batteries. This technology addresses critical needs across industries such as electric vehicles, renewable energy storage, and consumer electronics, offering reliable, longer-lasting, and faster-charging battery solutions aimed at automotive manufacturers, energy companies, and tech firms in North America and Europe.The revenue structure of Prieto Battery is based on a B2B model, emphasizing partnerships with manufacturers and distributors. Business transactions typically involve the sale of battery units to OEMs (original equipment manufacturers) and other industrial clients, structured around long-term contracts or bulk purchase agreements. The company's revenue-generation strategy centers on flagship offerings, including the Prieto Battery, designed to meet the needs of clients seeking high-performance alternatives to conventional battery technologies.Following the recent Series C funding round in August 2021, where Prieto Battery raised USD 5.7 mn, the company plans to accelerate the development of its proprietary 3D solid-state rechargeable lithium-ion battery. Future initiatives include designing new product variations and targeting expansion into new geographic regions. The company aims to leverage this funding to enhance product offerings and explore market opportunities in North America and Europe, ensuring alignment with rising demands for advanced energy storage solutions.

## Funding rounds

- Series C, Aug 18, 2021, $5.7M — Stanley Ventures, Pilatus Capital
- Series B, Jan 18, 2018, $1.2M — Stout Street Capital

## Investors

- Stout Street Capital (https://capitalatlas.ai/funds/stout-street-capital) — Series B
- Stanley Ventures (https://capitalatlas.ai/funds/stanley-ventures) — Series C
- Pilatus Capital (https://capitalatlas.ai/funds/pilatus-capital) — Series C