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Skeleton Tech - About the company

Skeleton Tech is a series E company based in Tallinn (Estonia), founded in 2009 by Taavi Madiberk, Oliver Ahlberg and Timo Koljonen. It operates as a Manufacturer of power systems for infrastructure and energy storage applications. Skeleton Tech has raised $374M in funding from investors like Marubeni, FirstFloor Capital and InnoEnergy. The company has 59 active competitors, including 11 funded and 6 that have exited. Its top competitors include companies like Maxwell Technologies, Cap-xx and Ioxus.

Company Details

Manufacturer of power systems for infrastructure and energy storage applications. The organization develops rack-to-grid power solutions including uninterruptible power supplies, battery backup units, and capacitor shelf systems. Utilizing proprietary carbon-based energy storage technology, the systems stabilize electrical loads for data centers and grid applications. The hardware integrates power electronics and energy management software to support rapid dynamic response for high-compute workloads. These solutions facilitate peak shaving and power quality maintenance for industrial and technological facilities.
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Email ID
*****@skeletontech.com
Phone Number
+372 **********
Registered Address
Sepise tn 7
Key Metrics
Founded Year
2009
Location
Tallinn, Estonia
Stage
Series E
Total Funding
$374M in 23 rounds
Latest Funding Round
Investors
Ranked
Employee Count
247 as on Sep 30, 2026
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Skeleton Tech's funding and investors

Skeleton Tech has raised a total funding of $374M over 23 rounds. Its first funding round was on Jul 31, 2014. Its latest funding round was a Series E round on May 07, 2026 for $*****. 3 investors participated in its latest round. Skeleton Tech has 20 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Skeleton Tech:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 07, 2026
2659065
Series E
5495127
6082110
9687740
4058389
Oct 13, 2023
7698719
Conventional Debt
2536695
8856315
9744146
Oct 13, 2023
3469109
Series E
3888758
1097245
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Skeleton Tech's founders and board of directors

Founder? Claim Profile
The founders of Skeleton Tech are Taavi Madiberk, Oliver Ahlberg and Timo Koljonen.
Here are the details of Skeleton Tech's key team members:

Skeleton Tech's Board of Directors

Skeleton Tech's board has 5 active members. Taavi Madiberk and Dr. Linus Froböse are part of team and Christian Kroll, Bruno Danelon and Justus Isaak Schollmeyer are independent board members.
Here is the list of Skeleton Tech's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
1y 7m
sttmiwt
Team
-
Current
1y 5m
Independent board member
-
Current
3y 10m
pogir{i
Independent board member
-
Current
7y 3m
kgmdn{c
Independent board member
-
Current
9y 3m

Skeleton Tech's employee count trend

Skeleton Tech has 247 employees as of Sep 26. Here is Skeleton Tech's employee count trend over the years:
Employee count trend for Skeleton Tech
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Skeleton Tech's Competitors and alternates

Top competitors of Skeleton Tech include Maxwell Technologies, Cap-xx and Ioxus. Here is the list of Top 10 competitors of Skeleton Tech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Skeleton Tech
Skeleton Tech
2009, Tallinn (Estonia), Series E
Manufacturer of power systems for infrastructure and energy storage applications
$374M
60/100
2nd
Logo for Maxwell Technologies
Maxwell Technologies
1965, San Diego (United States), Acquired
Provider of ultracapacitor-based energy storage
-
53/100
3rd
Logo for Cap-xx
Cap-xx
1997, Lane Cove (Australia), Public
Manufacturer of thin-film graphene supercapacitors and ultracapacitors
$17.2M
52/100
4th
Logo for Ioxus
Ioxus
2007, Oneonta (United States), Acquired
Manufacturer of ultracapacitor cells, modules, and power delivery systems
$58.5M
47/100
5th
Logo for Evans
Evans
1996, East Providence (United States), Acquired
Provider of hybrid capacitors for defence applications
-
-
40/100
6th
Logo for Kranking
Kranking
2009, Bhopal (India), Unfunded
Manufacturers of ultracapacitors
-
-
39/100
7th
Logo for Amperics
Amperics
2009, Livermore (United States), Deadpooled
Ultra-capacitor developers
-
37/100
8th
Logo for Tubex NRG
Tubex NRG
2016, Ness Ziona (Israel), Funding Raised
Nano technology based solution provider for batteries
-
36/100
9th
Logo for PBC Tech
PBC Tech
2008, Troy (United States), Series A
Developer of ultra-thin supercapacitors
$3.65M
35/100
10th
Logo for C2C Newcap
C2C Newcap
2014, Odivelas (Portugal), Funding Raised
Manufacturers of supercapacitors
-
35/100
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Skeleton Tech's Investments and acquisitions

Skeleton Tech has made no investments or acquisitions yet.

Reports related to Skeleton Tech

Here is the latest report on Skeleton Tech's sector:

News related to Skeleton Tech

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Media has covered Skeleton Tech for a total of 14 events in the last 1 year, 8 of them have been about company updates and 3 about partnerships.
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FAQs about Skeleton Tech

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