When was ElevenEs founded?

ElevenEs was founded in 2019 and raised its 1st funding round 7 years after it was founded.

Where is ElevenEs located?

ElevenEs is headquartered in Subotica, Serbia.

How many employees does ElevenEs have?

As of Sep 30, 2026, the latest employee count at ElevenEs is 68.

Is ElevenEs a funded company?

ElevenEs is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Feb 17, 2026.

When was the latest funding round of ElevenEs?

ElevenEs' latest funding was a $***** Series B round on Feb 17, 2026, with participation from 1 investor.

Where does ElevenEs rank among its competitors?

ElevenEs ranks 22nd amongst 675 active competitors, of which 45 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Tavion, which secured $39.6M in Sep, 2026.

Who are the top competitors of ElevenEs?

ElevenEs' top competitors include Exide, Exide Industries and Saft. Among them, Tavion secured the most recent funding round in September, 2026.

ElevenEs - 2026 Company Profile, Funding & Competitors

ElevenEs is a series B company based in Subotica (Serbia), founded in 2019. It operates as a Manufacturer of cobalt and nickel free lithium iron phosphate batteries. ElevenEs has raised an undisclosed amount in funding from Caterpillar. The company has 675 active competitors, including 45 funded and 111 that have exited. Its top competitors include companies like Exide, Exide Industries and Saft.

Company Details

Manufacturer of cobalt and nickel free lithium iron phosphate batteries. These battery cells utilize a blade format to support energy storage systems, electric vehicles, and industrial infrastructure. The technology focuses on cell to pack integration to improve energy density and operational lifespan. By eliminating cobalt and nickel, the production process reduces environmental impact while maintaining performance standards for high capacity applications. The products serve sectors including data centers, heavy machinery, and public transportation. The design prioritizes safety and durability for demanding environments requiring consistent power delivery.

Website: elevenes.com
Email ID: *****@elevenes.com

Key Metrics

Founded Year

2019

Location

Subotica, Serbia

Stage

Series B

Latest Funding Round

Series B, Feb 17, 2026, $*****

Investors

Caterpillar

Ranked

22^nd among 675 active competitors

Employee Count

68 as on Sep 30, 2026

Similar Companies

Exide & 839 more

View ElevenEs' full profile

ElevenEs has raised funding over 1 round. Its latest funding round was a Series B round on Feb 17, 2026 for $*****. 1 investor participated in its latest round. ElevenEs has 1 institutional investor.

Here is the list of recent funding rounds of ElevenEs:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 17, 2026	3084783	Series B	4866665	4850958	7919715	1988893

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View details of ElevenEs's funding rounds and investors

ElevenEs' employee count trend

ElevenEs has 68 employees as of Sep 26. Here is ElevenEs's employee count trend over the years:

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Top competitors of ElevenEs include Exide, Exide Industries and Saft. Here is the list of Top 10 competitors of ElevenEs, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Exide 1888, Milton (United States), Acquired	Manufacturer & supplier of automotive power storage systems	$408M	Defense.gov, Z Capital Group	59/100
2nd	Exide Industries 1947, Kolkata (India), Public	Manufacturer of lead-acid storage batteries	-	Nalanda Capital, India Capital Growth	56/100
3rd	Saft 1913, Levallois Perret (France), Acquired	Manufacturer of lithium-Ion battery	-	-	55/100
4th	HeyCharge 2020, Munich (Germany), Seed	Provider of hardware and software solutions for electric vehicle charging	$5M	BMW i Ventures, Climate Capital & 6 others	55/100
5th	HBL Power Systems 1977, Hyderabad (India), Public	Manufacturers of batteries and DC power systems	-	Samena Capital, Oman India Joint Investment Fund ... & 1 others	53/100
6th	Natrion 2017, Greenwich (United States), Series B	Provides affordable energy storage solutions	$11M	TechNexus, 1435 Capital & 8 others	51/100
7th	NGK Corporation 1919, Nagoya (Japan), Public	Manufacturer of electrical and electronic components	-	-	50/100
8th	Manika Plastech 1996, Mumbai (India), Public	Manufacturer of automotive batteries	-	-	49/100
9th	Tavion 2026, Stockholm (Sweden), Seed	Developer of utility scale battery energy storage system infrastructure assets	$47.8M	Leitmotif, Backing Minds & 1 others	47/100
10th	High Energy Batteries 1979, Chennai (India), Public	Manufacturer of multi-type of batteries for military and commercial use	-	-	45/100
22nd	ElevenEs 2019, Subotica (Serbia), Series B	Manufacturer of cobalt and nickel free lithium iron phosphate batteries	-	Caterpillar	41/100