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Flower - About the company

Flower is a series A company based in Stockholm (Sweden), founded in 2020 by John Diklev. It operates as a Provider of energy storage solutions. Flower has raised $109M in funding from Northzone and 82an Invest. The company has 723 active competitors, including 61 funded and 38 that have exited. Its top competitors include companies like A123 Systems, Amperehour Solar Technology and GridCARE.

Company Details

Provider of energy storage solutions. They offer wide range of solutions such as virtual power plant,grid balancing services,renewable energy integration and AI driven energy optimization solutions. They offer an AI powered platform to stabilizing the energy system by enhancing predictability and flexibility.
Email ID
*****@flowertech.se
Phone Number
+46 **********
Key Metrics
Founded Year
2020
Location
Stockholm, Sweden
Stage
Series A
Total Funding
$109M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
214 as on Aug 31, 2026
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Flower's funding and investors

Flower has raised a total funding of $109M over 3 rounds. Its first funding round was on 2024. Its latest funding round was a Series A round on Nov 01, 2024 for $*****. 7 investors participated in its latest round. Flower has 5 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Flower:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 01, 2024
9833695
Series A
1516963
4089391
3506930
8882215
Aug 15, 2024
2596855
Series A
2317174
6523986
2089685
2024
1199
Conventional Debt
3808
4227
4966
8446
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Flower's founders and board of directors

Founder? Claim Profile
The founders of Flower is John Diklev. John Diklev is the CEO of Flower.
Here are the details of Flower's key team members:

Flower's employee count trend

Flower has 214 employees as of Aug 26. Here is Flower's employee count trend over the years:
Employee count trend for Flower
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Flower's Competitors and alternates

Top competitors of Flower include A123 Systems, Amperehour Solar Technology and GridCARE. Here is the list of Top 10 competitors of Flower, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for A123 Systems
A123 Systems
2001, Hangzhou (China), Public
Manufacturer of automotive lithium-ion batteries
$201M
76/100
2nd
Logo for Amperehour Solar Technology
Amperehour Solar Technology
2017, Pune (India), Series A
Provider of energy storage systems and energy management platform solutions
$7.45M
68/100
3rd
Logo for GridCARE
GridCARE
2024, Redwood City (United States), Series A
Provider of AI data center power solutions leveraging existing grid infrastructure
$77.5M
64/100
4th
Logo for Polarium
Polarium
2015, Stockholm (Sweden), Series D
Manufacturer of lithium ion battery energy storage and management systems
$274M
62/100
5th
Logo for Flower
Flower
2020, Stockholm (Sweden), Series A
Provider of energy storage solutions
$109M
62/100
6th
Logo for KORE Power
KORE Power
2018, Idaho Falls (United States), Acquired
Developer of battery cells, energy storage systems, and e-mobility solutions
$75.1M
61/100
7th
Logo for Field Energy
Field Energy
2020, London (United Kingdom), Series D
Developer of battery storage systems for renewable energy grid infrastructure
$295M
59/100
8th
Logo for REPLUS Engitech
REPLUS Engitech
2018, Pune (India), Funding Raised
Provider of lithium-ion battery and energy storage solutions
-
58/100
9th
Logo for Voltfang
Voltfang
2020, Aachen (Germany), Series B
Provider of energy storage systems and energy management solutions for businesses
$31.8M
58/100
10th
Logo for PUR Energy
PUR Energy
2018, Hyderabad (India), Series A
Manufacturer of lithium batteries solar inverters and electric two wheelers
$20.9M
57/100
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Flower's Investments and acquisitions

Flower has made no investments or acquisitions yet.

Reports related to Flower

Here is the latest report on Flower's sector:

News related to Flower

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Media has covered Flower for a total of 6 events in the last 1 year, 1 of them has been about company updates.
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FAQs about Flower

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