Among them are the companies Strabag, Skanska Rental and the Swiss Federal Railways SBB. Instagrid has already won many construction companies, service and infrastructure providers as customers. The company states that 50 million such fossil combustion engines are put into operation every year. After all, these are still predominantly used on construction sites, events or in places without a power grid. The Instagrid storage units are intended to replace combustion engines, according to the company's idea. Due to their comparatively low weight, users can take the battery storage units with them to any location, advertises Instagrid. Instagrid's battery storage systems are designed to enable mobile power supply from renewable sources independent of the power grid. "We are very pleased to be able to use the fresh capital to make an even better contribution to the switch to sustainable energy use," says Instagrid co-founder Sebastian Berning. This should enable the company to offer personalized energy solutions in the future. Instagrid also wants to add digital offerings to its battery platform. The company wants to use the money to focus more on internationalization in Europe and the United States. In total, Instagrid has thus received investments totaling $45 million. It uses recycled aluminum and plastics and is designed to be easily separatable to ensure the sustainable return and replacement of its components into the recycling loop. The company makes high-performance mobile battery systems for professionals. The instagrid ONE max was developed to meet the demands of the construction industry through numerous iterations and tests. venture capital firm Energy Impact Partners (EIP) led the round, as the industry platform reports. Ludwigsburg-based start-up Instagrid has taken home $33 million from a Series B financing round. The manufacturer of high-performance battery systems wants to put the money into its internationalization and develop digital offerings.
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