Forsee Power
Specialist in lithium-ion battery systems for electric transport.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
€15.0m | Late VC | ||
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 30 % | 117 % | 23 % | 17 % | 53 % | 54 % | (11 %) |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (100 %) | (52 %) | (47 %) | (53 %) | (29 %) | (16 %) | (8 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Forsee Power is a company that operates in the electric vehicle (EV) battery market, providing innovative and sustainable battery solutions for a variety of vehicles. The company is at the forefront of the transportation electrification revolution, aiming to replace internal combustion vehicles with more environmentally-friendly alternatives.
Forsee Power's primary product is its lithium-ion batteries, which are designed to last up to 15 years. These batteries are used in both light and heavy electric vehicles, and the company boasts that many vehicles worldwide are already equipped with their batteries. The company's business model revolves around the design, production, and sale of these batteries to vehicle manufacturers and other businesses in the transportation industry.
The company's mission is not only to produce sustainable products that limit the impact of transport on the climate but also to have a positive influence on people, the environment, and society. This is reflected in their commitment to sustainable development, which is at the heart of their corporate strategy.
Forsee Power operates in a growing market, as the demand for electric vehicles and the need for efficient, long-lasting batteries continues to increase. The company generates revenue through the sale of its batteries and related services, and it is continually investing in research and development to improve its products and stay competitive in the market.
In summary, Forsee Power is a key player in the electric vehicle battery market, providing durable and sustainable battery solutions for a range of vehicles. The company is committed to sustainable development and is actively contributing to the global transition towards cleaner, electric-powered transportation.
Keywords: Electric Vehicles, Battery Technology, Sustainable Development, Lithium-Ion Batteries, Transportation Electrification, Climate Change, Innovation, Environmental Impact, Research and Development, Global Presence.
