RePurpose Energy repurposes electric vehicle batteries to create reliable, low-cost second-life energy storage systems, utilizing proprietary technology for rapid battery testing and health monitoring. This approach addresses the challenge of battery waste while enhancing the sustainability and resilience of energy supply chains.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Electric vehicle (EV) batteries often end their first life with significant remaining capacity, leading to potential waste if prematurely recycled. Traditional recycling processes are energy-intensive and costly, while the full potential of these batteries for secondary applications remains untapped.
Solution
RePurpose Energy extends the lifespan of EV batteries by repurposing them into reliable, low-cost energy storage systems. Utilizing proprietary technology and machine learning, they rapidly test and assess the health of used batteries to determine their suitability for second-life applications. Through reassembly optimization, they create energy storage solutions for commercial, industrial, and utility-scale use. Their state-of-the-art controls continuously monitor and maintain battery health, ensuring optimal performance and safety.
Target Audience
RePurpose Energy targets large commercial, industrial, and utility-scale customers seeking affordable and sustainable energy storage solutions.
Features
- Rapid battery testing using machine learning to quickly and accurately measure used battery health
- Reassembly optimization to cut costs and maximize lifetime of second-life systems
- State-of-the-art controls to monitor and maintain battery health
- Up to 1.2 MWh deliverable capacity per 20’ container
- Patent-pending, non-destructive battery fire prevention system
- Engaging with a nationally recognized testing laboratory to gain certifications for their repurposing process and second-life battery product