Evyon: Funding, Investors & Team (Sep 2026)
Our goal is to make it possible for second-life electric vehicle batteries to generate the most value possible by reusing them in an efficient, secure, and affordable manner. We use cutting-edge technology for operations, testing, and assembly to transform useable second-life electric vehicle batteries into plug-and-play battery storage systems. Our goal is to reduce the price of battery storage by 70%, making it truly affordable for a variety of uses, such as lowering energy costs for real estate properties (peak shaving), boosting solar panel energy self-consumption, giving grid operators essential services, and expanding access to power in underserved areas, whether urban or rural.
Evyon has raised $7.3M across 1 funding round on record, the most recent a Seed of $7.3M announced in Nov 2022.
That round is in line with the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.
Evyon Company Profile and Key Stats
Latest funding round on record: Nov 2022.
Evyon Funding Rounds
Evyon Founders and Leadership Team
Contact details for the Evyon team: 1 of 1 has an email address on file.
Start 14-day free trial →Evyon Funding Compared to Other Consumer Electronics Startups
Evyon's latest round of $7.3M is in line with the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.
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Evyon Funding FAQs
What does Evyon do?
Our goal is to make it possible for second-life electric vehicle batteries to generate the most value possible by reusing them in an efficient, secure, and affordable manner. We use cutting-edge technology for operations, testing, and assembly to transform useable second-life electric vehicle batteries into plug-and-play battery storage systems. Our goal is to reduce the price of battery storage by 70%, making it truly affordable for a variety of uses, such as lowering energy costs for real estate properties (peak shaving), boosting solar panel energy self-consumption, giving grid operators essential services, and expanding access to power in underserved areas, whether urban or rural.
How much funding has Evyon raised?
Evyon has raised $7.3M across 1 round on record. The most recent is a Seed of $7.3M announced in Nov 2022.
When did Evyon last raise funding?
Evyon's most recent funding round on record is a Seed of $7.3M, announced in Nov 2022.
Who is the CEO of Evyon?
Jorgen Sorgard Erdal is listed as CEO at Evyon.
Where is Evyon headquartered?
Evyon is based in Oslo, Norway.
How many employees does Evyon have?
Evyon is in the 11-50 employee band.
How does Evyon's funding compare to other Consumer Electronics startups?
Evyon's latest round of $7.3M is in line with the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.
About FundedIQ's Evyon Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Evyon is left off this page rather than filled in.
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