Rotterdam-based maxwell+spark, a lithium-ion green tech company, has secured €9M in a Series B funding round from Alantra’s Energy Transition Fund, Klima.
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Klima is a €210M fund that invests in technology companies working towards a net-zero energy system.
It is supported by Alantra and Enagás, along with investors like the European Investment Fund, the Canadian Pension Fund, and Axis ICO.
“With operations across South Africa, the United States, and the European Union, maxwell+spark is demonstrating that clean, intelligent battery solutions deliver performance, cost savings, and resilience at scale. This investment reflects Klima’s commitment to supporting high-impact technologies that solve real operational challenges in hard-to-abate sectors,” adds Arfa Karani, Investment Manager at Alantra’s Energy Transition Fund, Klima.
The company has announced that a second closing, which will involve additional funding, is scheduled to take place later this year.
The Dutch company will use the funds to fuel the company’s expansion across Europe and the United States.
maxwell+spark: Replacing outdated industrial energy systems
Led by Clinton Bemont, maxwell+spark is a greentech company and battery manufacturer with a focus on transforming outdated energy technology in industrial and commercial environments.
Founded in South Africa in 2017, the company specialises in battery solutions for industrial logistics, offering battery systems for forklifts, refrigerated trucks, and construction sites.
The company operates in the EU, South Africa, and the USA and collaborates with OEMs, dealers, and fleet operators to focus on cleaner and quieter power options.
“We’re propelling our mission to deliver simple, intelligent, cost-cutting energy for industrial logistics,” says Clinton Bemont, CEO of maxwell+spark. “Our technology replaces fossil fuel energy with quiet, reliable lithium-ion systems — driven by comprehensive fleet analysis and real-world results since 2017.”
