CustomCells brings premium battery cells to the road, water, and air.
As one of the leading companies in the development and series production of special lithium-ion battery cells, CustomCells is setting the pace for a comprehensive technological transformation. The German company is a recognized premium partner of major automotive manufacturers and is playing a large role in driving the electrification of the aviation sector with its solutions to enable entirely new forms of sustainable mobility. Aviation partners are Lilium and Vaeridion for example.
Why we invested in:
- The climate case: CO2e emissions from transport reached 7.7 Gt in 2021, contributing to 37% of global CO2e emissions. The electrification of vehicles is a key technology in decarbonising road transport, and sectors such as maritime and aviation. Customcells enables the electrification of hard-to-electrify use cases, like aviation, making a low-carbon transport sector possible.
- The business case: Customcells is the European market leader in the development and production of high-performance lithium-ion battery cells. The firm has an extensive client base from across the automotive and aviation industry, such as Porsche and Lilium. Customcells is solving the range & power issues by bringing cutting-edge cell technology research into the market.
- The team: CEO Dr. Dirk Abendroth is an electric vehicles pioneer, having spent over a decade at BMW. Dirk held the high-profile role of Head of Powertrains for BMW’s EV range (BMWi).