Skeleton Technologies
- hard tech
- horizon europe
- sustainable development goals
- climate tech
- eit ecosystem
- aviation & aerospace
- automotive
- industrial technology
- startup estonia
- electric mobility
- eitclimatecleantech
- battery
- dual-use tech
- eit innoenergy
- eit kic partners
- european defence fund
- european battery alliance
- ev battery
- startup estonia: deep tech
- novel energy
- alternative battery chemistry
- energy storage
- ev battery other chemistry
- supercapacitor
Financials
Estimates*
EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|---|
Revenues | 1.9m | 2.9m | 3.8m | 2.7m | 3.5m | 4.6m | 5.8m |
% growth | 152 % | 53 % | 30 % | (29 %) | 29 % | 33 % | 26 % |
Profit | (2.0m) | (2.6m) | <1m | (2.1m) | (2.8m) | (4.5m) | - |
% profit margin | (106 %) | (89 %) | 10 % | (79 %) | (81 %) | (97 %) | - |
R&D budget | 2.0m | 3.0m | 4.0m | 3.0m | - | - | - |
R&D % of revenue | 105 % | 102 % | 105 % | 111 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$8.3k | - | ||
* | €37.6m Valuation: €207m 59.5x EV/LTM Revenues | Series D | |
* | €54.0m | Series E | |
* | €54.0m | Debt | |
* | N/A | Secondary | |
Total Funding | €263m |
Related Content
Recent News about Skeleton Technologies
EditSkeleton Technologies is a high power energy storage company that aims to facilitate a carbon-neutral future. The company operates in the energy storage market, serving clients across various sectors including power generation, transportation, and industry. These sectors are the largest contributors to CO2 emissions, and Skeleton Technologies aims to reduce these emissions through their innovative energy storage solutions.
The company's business model revolves around the use of a patented raw material, Curved Graphene. This material enables Skeleton Technologies to develop energy storage technologies that can be used in a wide range of applications for hybridization and electrification. These technologies not only save energy but also lead the way in performance.
Skeleton Technologies makes money by selling their energy storage solutions to businesses in the power generation, transportation, and industrial sectors. Their solutions help these businesses to reduce their CO2 emissions, optimize their energy use, and move towards a net-zero future. For instance, their energy storage solutions can boost the efficiency of wind turbines, trains, buses, and trams, and can also be used to energize heavy equipment in the industrial sector.
In the automotive sector, Skeleton Technologies offers a green alternative to lead-acid batteries and boosts lithium-ion batteries with high-power support. This helps to speed up the electrification process and steer the transportation world towards greener horizons.
In conclusion, Skeleton Technologies is a forward-thinking company that is driving innovation in the energy storage market. Their solutions are not only helping businesses to save energy and reduce emissions but are also paving the way for a carbon-neutral future.
Keywords: Energy Storage, Carbon-Neutral, Curved Graphene, Hybridization, Electrification, Power Generation, Transportation, Industrial Sector, Green Alternative, Net-Zero Future.