£2.0M
The funding round was led by ENGIE New Ventures with participation from Low Carbon Innovation Fund 2, Sumitomo, and Macquarie.
CE
Connected Energy
Connected Energy creates modular energy storage systems using second life electric vehicle batteries.
£2.0MTotal raised
Connected Energy repurposes electric vehicle batteries at the end of their first life to manufacture commercial energy storage systems. The firm operates across several European markets and supplies modular capacity for various grid and industrial applications.
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Team
Matthew Lumsden
CEO
Matthew serves as chief executive officer of Connected Energy and Connected Developments SAS, alongside founding Future Transport Systems. He also brings prior leadership experience as managing director of TNEI Services and chairman of the North East Battery Alliance.
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