Cactos

Cactos develops and deploys battery energy storage systems (BESS), utilizing both reconditioned Tesla EV batteries and new lithium iron phosphate batteries. Their core offering includes the Cactos Spine software platform, which optimizes energy storage unit performance and provides clients with protection against electricity price volatility and peak demand.

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Funding Round: Equity

Funding Amount: €26M

Date: 11-Jan-2024

Investors: OP Finland Infrastructure LP, Finnish Climate Fund

Markets: Energy Storage, Software, Battery, Energy, Energy Management, Renewable Energy

HQ: Helsinki, Finland

Founded: 2021

Website: https://www.cactos.com/

LinkedIn: https://www.linkedin.com/company/cactosenergy/

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