Seed · Energy · Oslo, Norway · Founded 2020 · 20–30 employees
Evyon is a Norwegian startup that repurposes spent EV batteries into second-life energy storage systems, addressing both the growing battery waste problem and the need for sustainable energy storage. The company has raised €8 million in pre-Series A funding led by Sandwater and has secured 40 MWh of battery modules with partnerships including Mercedes-Benz Energy. Their proprietary Battery Cloud ecosystem and data-driven approach enables them to convert used EV batteries into plug-and-play storage systems at 50% lower cost than new battery systems. Named startup of the year by Avfall Norge, Evyon aims to deliver over 120MWh of systems in 2025 and become European-leading in reused batteries.
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