€250 million for a hardware startup from Aachen?
Voltfang has achieved what many thought impossible: a quarter of a billion euros in investment commitments from institutional investors for physical battery storage systems made from second-life batteries.
Three times the annual growth rate, a pipeline of over 2 gigawatt-hours, and customers like Aldi Nord and McDonald's.
But why are pension funds suddenly investing so heavily in German hardware startups? Voltfang founder David Oudsandji and PT1 Managing Partner Nikolas Samios explain the commercial tipping points of the energy transition and provide exclusive insights into the Voltfang deal.
New Startup Spotlight episode: Are we witnessing the turning point for hardware investments?