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STABL Energy
Sustainable energy storage systems
- 21-100 employees
- B2B
- Energy
- Sustainability
- Manufacturing
- Thalkirchen-Obersendling-Forstenried-Fürstenried-Solln, Munich, Germany
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Company mission
To revolutionise sustainable energy use with innovative solutions.
Our take
Second life batteries are batteries that have been used in electric vehicles to the end of that lifecycle, but still have a residual capacity of about 70-80%. This means they can be repurposed for use in stationary storage systems for renewable energy generation, which is what STABL Energy helps to facilitate.
Prolonging the life of batteries has the potential to reduce waste and carbon emissions while increasing the amount of renewable energy available on the grid - creating massive positive effects for the environment. STABL's power conversion technology makes second life batteries cheaper and easier to deploy, which should enable more businesses to convert to more sustainable energy options.
Though there are other second life battery companies, STABL Energy boasts a highly integrative system where battery modules of different states can be interconnected no matter how heavily they were stressed while powering the EV. This allows it to stand out among its peers, and partially led to it raising considerable funds that will help as it pursue further growth into the future.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- An agile and open working atmosphere in an innovative industry
- Flexible working hours with the option to work from home
- Flat hierarchies and the opportunity to implement your own creative ideas
- Promotion of further training and interdisciplinary knowledge exchange
- Regular team events
- A young, highly motivated and constantly growing team in a modern office
Company values
- Reliable - A reliable team forms the basis for our reliable products. We are convinced that our mutual trust, cooperation and enrichment will enable us to set new standards for a new era of battery storage
- Mindful - We know the responsibility that comes with the challenging development of power electronics. For the quality of our products and the safety of all those who install and use them, we are mindful in every piece of our work
- Groundbreaking - At STABL Energy we develop groundbreaking products for a transition renewable energy and e-mobility. For us, this goes hand in hand with developing a team of outstanding personalities and visionary experts
Funding (last 2 of 3 rounds)
Aug 2023
$15.7m
EARLY VC
Oct 2021
$4.7m
EARLY VC
Total funding: $22.5m
Leadership
Dr. Nam Truong
(Co-CEO)Fellow of the Unreasonable Group. Former Research Associate at the Technical University of Munich, and Consultant at Academy Consult.
Dr. Arthur Singer
(Co-CEO)Was a part of the InnoEnergy PhD School. Has worked as a Business Development Manager at Sunshine Power and Junior Consultant at Siemens Healthcare.
Christoph Dietrich
(CFO)Former CFO (EXIST Transfer of Research) at the University of the Bundeswehr Munich. Was also a Research Assistant at the TUM School of Management.
Martin Sprehe
(Managing Director)Graduate of Osnabrück University, with a Masters in Electronics and Electrical Engineering.