When was Evyon founded?

Evyon was founded in 2020 and raised its 1st funding round within a year of its incorporation.

Where is Evyon located?

Evyon is headquartered in Oslo, Norway.

Who is the current CEO of Evyon?

Jorgen Sorgard Erdal of Evyon. They have also founded 1 company.

How many employees does Evyon have?

As of Sep 30, 2026, the latest employee count at Evyon is 10.

Is Evyon a funded company?

Evyon is a funded company, having raised a total of $9.19M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 2020.

When was the latest funding round of Evyon?

Evyon's latest funding was a $***** Conventional Debt round on Nov 01, 2022, with participation from 1 investor.

What is the annual revenue of Evyon?

Annual revenue of Evyon is less than $1M as on Dec 31, 2022

Where does Evyon rank among its competitors?

Evyon ranks 36th amongst 319 active competitors, of which 41 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Base Power, which secured $1B in Aug, 2026.

Who are the top competitors of Evyon?

Evyon's top competitors include Sonnen, Base Power and Haven Energy. Among them, Base Power secured the most recent funding round in August, 2026.

Evyon - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of energy storage systems. It offers battery energy storage systems based on repurposed EV batteries. It develops novel technologies for reassembly and operations to convert usable second-life EV batteries into modular plug-and-play battery storage systems.

Website: evyon.com
Social
Email ID: *****@evyon.com
Phone Number: +47 **********

Key Metrics

Founded Year

2020

Location

Oslo, Norway

Stage

Seed

Total Funding

$9.19M in 6 rounds

Latest Funding Round

Conventional Debt, Nov 01, 2022, $*****

Investors

Sandwater & 7 more

Ranked

36^th among 319 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2022

Employee Count

10 as on Sep 30, 2026

Similar Companies

Moment Energy & 33 more

View Evyon's full profile

Evyon is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
EVYON AS CIN: 925956163 , Norway, Active	Nov 01, 2020	$0 - $1M (As on Dec 31, 2022)	-

Evyon has raised a total funding of $9.19M over 6 rounds. Its first funding round was on Jan 2020. Its latest funding round was a Conventional Debt round on Nov 01, 2022 for $*****. 1 investor participated in its latest round. Evyon has 8 institutional investors.

Here is the list of recent funding rounds of Evyon:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 01, 2022	5817181	Conventional Debt	2120306	9082566	7082487	8429494
Nov 01, 2022	3253808	Seed	3061138	5035194	8457008	Antler & 2 more
May 18, 2022	1280944	Grant (prize money)	6905981	8278085	8233223	Innovasjon Norge

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View details of Evyon's funding rounds and investors

The founders of Evyon is Jorgen Sorgard Erdal. Jorgen Sorgard Erdal is the CEO of Evyon.

Here are the details of Evyon's key team members:

Jorgen Sorgard Erdal: Co-Founder & CEO of Evyon and founder of 1 other company.
Contact Info: 1 email address

Evyon's Board of Directors

Evyon's board has 5 active members. Jorgen Sorgard Erdal and Radu Achihai are part of team and Torkel Dyrbæk Engeness, Monika Inde Zsak and Peter Bardenfleth-hansen are independent board members.

Here is the list of Evyon's board of directors:

Name	Type	Representing	Status	Duration
Jorgen Sorgard Erdal	Team	-	Current	-
Radu Achihai	Team	-	Current	-
Torkel Dyrbæk Engeness	Independent board member	-	Current	-
tpnennu	Independent board member	-	Current	7y 6m
teqbfbu	Independent board member	-	Current	5y 6m

View details of Evyon's Founder profiles and Board Members

Evyon's employee count trend

Evyon has 10 employees as of Sep 26. Here is Evyon's employee count trend over the years:

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Top competitors of Evyon include Sonnen, Base Power and Haven Energy. Here is the list of Top 10 competitors of Evyon, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sonnen 2010, Wildpoldsried (Germany), Acquired	Developer of energy storage systems and smart energy solutions hardware	$180M	Shell, SET Ventures & 9 others	65/100
2nd	Base Power 2023, Austin (United States), Series D	Provider of battery storage system	$2.5B	Addition, Valor Equity Partners & 25 others	65/100
3rd	Haven Energy 2022, Austin (United States), Series B	Online platform offering energy storage solutions	$51.2M	Giant Ventures, Lerer Hippeau & 10 others	64/100
4th	Moment Energy 2020, Port Coquitlam (Canada), Series B	Provider of battery energy storage systems using repurposed electric vehicle batteries	$100M	Evok Innovations, Version One Ventures & 20 others	64/100
5th	FranklinWH 2019, San Jose (United States), Series B	Manufacturer of home energy management and battery storage solutions	$25M	Peak XV Partners, Particle Future & 3 others	63/100
6th	KORE Power 2018, Idaho Falls (United States), Acquired	Developer of battery cells, energy storage systems, and e-mobility solutions	$75.1M	Siemens, ADS Ventures & 7 others	61/100
7th	REPLUS Engitech 2018, Pune (India), Funding Raised	Provider of lithium-ion battery and energy storage solutions	-	Bharat Investment Growth	58/100
8th	Voltfang 2020, Aachen (Germany), Series B	Provider of energy storage systems and energy management solutions for businesses	$31.8M	FORWARD.one, PT1 Ventures & 33 others	58/100
9th	Powervault 2012, London (United Kingdom), Series C	Manufacturer of solar energy storage batteries and energy management software	$22.4M	Green Angel Ventures, Jarmeen & 57 others	56/100
10th	Pace Digitek 2007, Bengaluru (India), Public	Provider of power management and optic fiber laying solutions	$47.4M	NVS Consult, Gktobaccoindustries & 160 others	55/100
36th	Evyon 2020, Oslo (Norway), Seed	Provider of energy storage systems	$9.19M	StartupLab, Wiski Capital & 6 others	40/100