Founded by Thomas Sisto, the XL Battery has raised $10 million in seed funding from top investors.
February 24, 2023
XL Batteries is a revolutionary startup that is making waves in the world of renewable energy semiconductor manufacturing. Founded by Thomas Sisto, the company has raised $10 million in seed funding from top investors including Catalus Capital, SIP Global Partners, and Xerox Ventures. The company's primary mission is to develop the world's largest batteries by utilizing a novel chemistry that is built to be big. Unlike current batteries that are optimized for portability, XL Batteries are optimized for cost and scale, making them ideal for grid-scale energy storage solutions.
The heart of the XL Batteries' technology is their non-flammable flow battery, which has a lifespan of 20+ years. This makes it an attractive solution for industries that require reliable and long-lasting energy storage solutions. With a focus on creating sustainable and efficient energy storage systems, XL Batteries is at the forefront of the renewable energy movement. Located in Brooklyn, NY, the company is poised to make a significant impact on the energy industry and help pave the way for a greener future.