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STABL

Making battery storage systems more safe, more efficient, and more affordable.

Photo of Nam Truong

Nam Truong

Co-founder & CEO at STABL

More about Nam »
Employees 21–50
Headquarters Munich, Bavaria, Germany
STABL Energy redesigns battery systems to be more efficient, dynamic, and safe. Its novel battery power control system replaces the central inverter in the battery, which improves the efficiency and safety of the system. STABL Energy's core product allows the seamless and reliable use of second-life batteries for commercial scale, improving the systems' cost-effectiveness and sustainability. The company has raised $8.5M in funding (incl. non-dilutive) and is looking to successfully deploy its number of pilot projects in Europe. Longer term, the company plans to transition from a hardware vendor to a hardware-as-a-service model, providing customers its products for little to no Capex investment and operational risk and unlocking recurring revenue streams.

Notable Achievements

  • The company has raised $8.5M in funding (incl. non-dilutive grants).
  • Won Deutsche Bahn and Kia as partners for a commercial battery storage.

Currently Operating in Three Regions

Press Mentions

August 9, 2023

Munich startup STABL Energy GmbH receives 15 million euros in financing to establish its technology on the market

Read on STABL Energy GmbH »

August 12, 2023

Munich-based Start-Up Stabl Energy Raises €15 Million to Give Old EV Batteries a Second Life

Read on Clayton County Register »

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