New Ideas II

Libattion

2nd life batteries energy storage systems

Libattion is a leading-edge company offering stationary energy storage solutions from upcycling electric vehicle batteries. Through revolutionary algorithms and power control systems, Libattion ensures that the service life of its upcycled batteries is extended and achieves a technical performance equal to that of new batteries.

Investment rationale

Develop the company’s new factory and install an automated assembly line to scale its production capacity, to accelerate the company’s growth and expand its operations in Europe and globally as well.

Transaction Details

Date of investment / divestment
May 2024 /
Type of Operation
Share Capital Increase

Fund

New Ideas II

Language