When was Octave founded?

Octave was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is Octave located?

Octave is headquartered in Brussels, Belgium.

How many employees does Octave have?

As of Jul 31, 2026, the latest employee count at Octave is 29.

Is Octave a funded company?

Octave is a funded company, having raised a total of $13.9M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 10, 2021.

When was the latest funding round of Octave?

Octave's latest funding was a $***** Series A round on Sep 04, 2026, with participation from 3 investors.

Where does Octave rank among its competitors?

Octave ranks 158th amongst 1079 active competitors, of which 97 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Hexagon Composites, which secured $5.27M in Mar, 2025.

Who are the top competitors of Octave?

Octave's top competitors include Sunwoda Electronic, FlexGen and EnerSys. Among them, Octave secured the most recent funding round in September, 2026.

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

Company Details

Website: octave.energy/en/
Email ID: *****@octave.energy

Key Metrics

Founded Year

2020

Location

Brussels, Belgium

Stage

Series A

Total Funding

$13.9M in 4 rounds

Latest Funding Round

Series A, Sep 04, 2026, $*****

Investors

Innoviris Brussels & 3 more

Ranked

158^th among 1079 active competitors

Employee Count

29 as on Jul 31, 2026

Similar Companies

Sunwoda Electronic & 1248 more

View Octave's full profile

Octave is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Octave BV CIN: 745969194 , Belgium, Active	Apr 13, 2020	-	2 (As on Nov 30, 2022)	-
OCTAVE B.V. CIN: 0745.969.194 , Belgium, Active	Apr 13, 2020	-	-	-

Octave has raised a total funding of $13.9M over 4 rounds. Its first funding round was on Nov 10, 2021. Its latest funding round was a Series A round on Sep 04, 2026 for $*****. 3 investors participated in its latest round. Octave has 4 institutional investors.

Here is the list of recent funding rounds of Octave:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 04, 2026	2183205	Series A	5999116	5767462	3141296	3214731
Sep 04, 2026	4513856	Conventional Debt	2583296	7224154	4124210	imec.istart & 1 more
Mar 23, 2022	2268929	Seed	4066130	2895807	SPDG Ventures & 2 more	2196195

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View details of Octave's funding rounds and investors

The founders of Octave is Nicolas Quintin.

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

Nicolas Quintin: Co-Founder of Octave.

View details of Octave's Founder profiles and Board Members

Octave's employee count trend

Octave has 29 employees as of Jul 26. Here is Octave's employee count trend over the years:

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Top competitors of Octave include Sunwoda Electronic, FlexGen and EnerSys. Here is the list of Top 10 competitors of Octave, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sunwoda Electronic 1997, Shenzhen (China), Public	Manufacturer of lithium-ion batteries, energy storage systems, and related hardware	-	Source Code Capital, Cygnus Equity & 8 others	71/100
2nd	FlexGen 2009, Durham (United States), Series C	Battery energy storage solutions and software platform for energy transition	$276M	General Electric, Apollo Global Management ... & 7 others	69/100
3rd	EnerSys 1999, Reading (United States), Public	Global leader providing stored energy solutions for diverse industries and applications	-	Metalmark Capital, Slater Technology Fund ... & 3 others	65/100
4th	Maxvolt Energy 2019, Noida (India), Public	Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions	$1.5M	All Rounder Marketing, Chittorgarh Infotech ... & 24 others	63/100
5th	Amara Raja Group 1985, Hyderabad (India), Public	Manufacturer of batteries and other automotive components	-	-	60/100
6th	Exide 1888, Milton (United States), Acquired	Manufacturer & supplier of automotive power storage systems	$408M	Defense.gov, Z Capital Group	59/100
7th	Exide Industries 1947, Kolkata (India), Public	Manufacturer and marketer of a wide range of lead acid storage batteries	$220M	Nalanda Capital, India Capital Growth	57/100
8th	Saft 1913, Levallois Perret (France), Acquired	Manufacturer of lithium-Ion battery	-	-	55/100
9th	Hexagon Composites 2008, Alesund (Norway), Public	Offers composite pressure cylinder technology for a wide range of mobility and storage applications	-	Handelsbanken, Vermögensclub & 4 others	54/100
10th	NICHICON 1950, Kyoto (Japan), Public	Limited information available	-	-	53/100
158th	Octave 2020, Brussels (Belgium), Series A	Manufacturer of battery energy storage systems	$13.9M	SPDG Ventures, imec.istart & 2 others	46/100