Dutch-based energy storage company Zenon Energy bags funding from Navus Ventures: Know more

The Netherlands-based Zenon Energy, an energy storage infrastructure company, announced on Wednesday, October 5, that it has bagged investment from and entered into a partnership with Navus Ventures, a VC fund that invests in high-tech, sustainable, and scalable startups. 

The exact details of the investment have not been disclosed.

Zenon Energy provides energy installers, energy distributors, and customers with a software platform that the company says is ready for the future and can adapt to new policies and challenges in the renewable energy sector.

Jaap Zijlstra, Investment manager at Navus Ventures, says, “The investment in Zenon Energy perfectly fits Navus’ focus on high-tech start-ups that drive sustainable transitions in food and energy. Navus will actively support Zenon in its continued technology, supply chain, commercial and strategic development.” 

Improving capability and delivery speed

Founded in 2020 by Duan van ‘t Slot and Christian Giannini, Zenon Energy has gained incredible investors and advisors with extensive experience in the energy infrastructure industry, and it is currently supplying the construction, horticulture, industrial, and retail sectors.

Zenon Energy designs, develops, and delivers complete sustainable energy infrastructure solutions. In addition, it has developed its own energy storage system based on Titanium and LFP chemistries in combination with proprietary airflow and battery construction techniques. 

Duan van t Slot, Director at Zenon Energy, says, “The investment is primarily aimed at increasing our production capability and delivery speed. We are limited at this stage only by our production rate as our backlog extends 6 months and our pipeline is growing rapidly.”

The company says that with a market-leading cell-to-system approach and a future-proof software platform, their products are capable of navigating and adapting to the changing policies and challenges of the renewable energy transition.

About Navus Ventures

Navus Ventures B.V. is a venture capital that is primarily involved in the ongoing food and energy transition. 

Navius is supported by the knowledge and network of the Lely family business, which has a long history of developing high-tech products and establishing successful market entry for innovations.