Azelio

📍 Göteborg, Sweden🗓 Founded 2008👥 149 employees💰 Last funded Apr 2021
Renewable Energy Equipment Manufacturing🌐 azelio.com
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Azelio is a Swedish company with a unique thermal energy storage solution for dispatchable electricity and heat. The system has a storage capacity of 13 hours production at nominal power, and is scalable and already cost-effective for smaller installations. The initial target market is between 0.5 – 20 MW, expanding into 100kW to 100MW - a segment that lacks cost-effective and sustainable alternatives today. Azelio's solution adds value on a broad base to optimize for microgrid systems as load shift, distributed sustainable baseload, or as an off-grid solar system with long-duration energy storage.
2
Total investors
0
Early stage
1
Mid stage
0
Late stage
2008
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Sweden
2
Frequently asked questions
Who invested in Azelio?
Azelio has 2 investors on record on gritt.io, 1 mid-stage.
When did Azelio last raise funding?
The most recent investment in Azelio recorded on gritt.io was in April 2021.
When was Azelio founded?
Azelio was founded in 2008.
What industry is Azelio in?
Azelio operates in Renewable Energy Equipment Manufacturing. Find similar Renewable Energy Equipment Manufacturing investors on gritt.io.
Where is Azelio based?
Azelio is headquartered in Göteborg, Sweden.