Connected Energy - About the company
Connected Energy is a series B company based in Newcastle Upon Tyne (United Kingdom), founded in 2010 by Matthew Lumsden. It operates as a Provider of battery energy storage systems for various industries. Connected Energy has raised $36.4M in funding from investors like Macquarie, Sumitomo and Engie, with a current valuation of £*****. The company has 453 active competitors, including 58 funded and 24 that have exited. Its top competitors include companies like Wartsila, Statcon Energiaa and GPES.
Company Details
Provider of battery energy storage systems for various industries. They have been delivering these systems for over ten years and are a world-leader in creating battery energy storage solutions.
- Website
- connected-energy.co.uk
- Social
- Email ID
- *****@connected-energy.co.uk
- Phone Number
- +44 **********
- Registered Address
- C/O ARMSTRONG WATSON 1ST FLOOR,ONE STRAWBERRY LANE,NEWCASTLE UPON TYNE,UNITED KINGDOM,NE1 4BX
Key Metrics
Founded Year
2010
Location
Newcastle Upon Tyne, United Kingdom
Stage
Series B
Total Funding
$36.4M in 9 rounds
Latest Funding Round
Post Money Valuation
£***** as on Jun 14, 2022
Ranked
27th among 453 active competitors
Employee Count
46 as on Aug 31, 2026
Legal entities associated with Connected Energy
Connected Energy is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CONNECTED ENERGY LTD CIN: 7289730 , United Kingdom, Active | Jun 20, 2010 | - | 25 (As on Dec 31, 2024) | |
FUTURE TRANSPORT SYSTEMS LTD CIN: 6936809 , United Kingdom, Active | Jun 16, 2009 | - | 17 (As on Dec 31, 2024) | |
CONNECTED ENERGY LTD CIN: 7289730 , Germany, Active | Jun 20, 2010 | - | 8 (As on Jan 31, 2021) |
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Connected Energy's funding and investors
Connected Energy has raised a total funding of $36.4M over 9 rounds. Its first funding round was on Mar 30, 2016. Its latest funding round was a Series B round on Jun 14, 2022 for $*****. 6 investors participated in its latest round. Connected Energy has 15 institutional investors.
Here is the list of recent funding rounds of Connected Energy:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 14, 2022 | 8080687 | Series B | 2987462 | 3852606 | 6059054 | 4374003 |
Jan 06, 2021 | 1283719 | Series A | 1778188 | 2184780 | 2700697 | 3189353 |
Jan 06, 2021 | 7096798 | Grant (prize money) | 4387078 | 5882914 | 6546244 |
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Connected Energy's founders and board of directors
Founder? Claim ProfileThe founders of Connected Energy is Matthew Lumsden. Matthew Lumsden is the CEO of Connected Energy.
Here are the details of Connected Energy's key team members:
- Matthew Lumsden: Founder & CEO of Connected Energy. They serve on the board of 1 company.Contact Info: 1 email address
Connected Energy's Board of Directors
Connected Energy's board has 7 active members. Matthew Lumsden, Benjamin Hill and Johann Boukhors are part of team and Alexis Bernard, Mathias Andersson, Mindaugas Gogelis and Erik Johansson are independent board members.Here is the list of Connected Energy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 16y 3m | |
brrbkoo | Team | - | Current | 1y 3m |
Investor | - | Current | 5y 0m | |
Independent board member | - | Current | 4y 3m | |
caukxed | Independent board member | - | Current | 6y 5m |
xtwsfc{ | Independent board member | - | Current | 1y 7m |
wqbnuhw | Independent board member | - | Current | 4y 7m |
ckqw{zd | Independent board member | - | Past | 8y 9m |
View details of Connected Energy's Founder profiles and Board Members
Connected Energy's employee count trend
Connected Energy has 46 employees as of Aug 26. Here is Connected Energy's employee count trend over the years:
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Connected Energy's Competitors and alternates
Top competitors of Connected Energy include Wartsila, Statcon Energiaa and GPES. Here is the list of Top 10 competitors of Connected Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of technologies and lifecycle solutions for the marine and energy markets | - | 73/100 | ||
2nd | Statcon Energiaa 1991, Noida (India), Acquired | Vertically integrated company that manufactures solar power electronics and provides solar EPC services | - | - | 61/100 |
3rd | Provider of energy storage systems | - | - | 57/100 | |
4th |  Ore Energy 2022, Amsterdam (Netherlands), Series A | Developer of batteries | $61M | 56/100 | |
5th |  On.Energy 2016, Miami (United States), Series B | Developer of energy storage technologies | $20M | 56/100 | |
6th | Manufacturer of lithium-Ion battery | - | - | 55/100 | |
7th | Newen Systems 2020, Vadodara (India), Funding Raised | Provider of battery energy storage systems and power electronics solutions | - | 55/100 | |
8th |  Viridi Parente 2009, Buffalo (United States), Series C | Manufacturer of modular lithium-ion battery energy storage systems for various applications | $115M | 55/100 | |
9th |  Eddy Grid 2023, Utrecht (Netherlands), Series A | Provider of energy storage solution | $9.2M | 53/100 | |
10th | Gamesa Electric 2004, Zamudio (Spain), Acquired | Manufacturer of electrical equipment across various sectors | - | 52/100 | |
27th |  Connected Energy 2010, Newcastle Upon Tyne (United Kingdom), Series B | Provider of battery energy storage systems for various industries | $36.4M | 45/100 |
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Connected Energy's Investments and acquisitions
Connected Energy has made no investments or acquisitions yet.
Reports related to Connected Energy
Here is the latest report on Connected Energy's sector:
News related to Connected Energy
•
Connected Energy Expands to France with 100MWh Second-Life BESS ProjectWebwire•Sep 09, 2025•Connected Energy, Renault Group, Forsee Power, Engie
•
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Altilium and Connected Energy collaborate to extend the lifecycle of EV batteriesRenewable Energy Magazine•Jul 08, 2024•Altilium, Connected Energy
•
Nissan and Connected Energy project to boost EV battery sustainabilityFleetworld•Jun 20, 2024•Connected Energy, Nissan Motor
•
Volvo Group and Connected Energy to develop second life BESSEnergy-Storage•Sep 14, 2023•Volvoenergy, Connected Energy, Volvo, Volvo Group
•
Major new EV charging depot at Nottingham provides blueprint for fleetsFleetworld•Mar 17, 2023•Connected Energy
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