Startups
We are pioneer and leader in European LFP lithium-ion battery manufacturing. Our purpose is to redefine energy storage by creating safe, efficient, and sustainable solutions that empower industries, communities, and individuals.
Overview
Location
Luxembourg
Employees
11-50
Founded date
2019
Mentions in press and media 10
| Date | Title | Description |
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| Feb 22, 2026 | ElevenEs Secures Series B First Closing For Advancing 1GWh LFP Mega Factory In Serbia | ElevenEs announced it has completed the first closing of its Series B investment round, backed by Caterpillar Venture Capital, a wholly owned subsidiary of Caterpillar Inc.. An affiliate of BST (HK) Ltd., a Hong Kong-based commodity trading... |
| Sep 29, 2025 | Scaling lessons for tech companies: Quotes from successful European deep tech founders | If you think attracting investment is tough for a regular startup, imagine for a moment what it’s like for a deep tech founder. You’ve developed a groundbreaking technology, often the result of years of R&D and lab work. Now you’re thru... |
| Jun 6, 2025 | Wanhua Chemical and ElevenEs signed a strategic agreement for battery materials: Collaborate to create a localized supply chain of battery cathode materials in Europe | MEISHAN, China, June 6, 2025 /PRNewswire/ -- Recently, Wanhua Chemical Battery Technology Co., Ltd. (hereinafter referred to as "Wanhua Chemical") and ElevenEs, a leading European manufacturer of lithium iron phosphate (LFP) batte... |
| Apr 25, 2023 | ElevenEs kicks off LFP battery cell production in Serbia | The Serbian company ElevenEs has opened a plant for the production of battery cells. It is located in Subotica, Serbia, and specialises in the production of prismatic LFP cells. By 2024, the plant is to be expanded into a “mega-factory” wit... |
| Apr 11, 2023 | 20 Climate Tech Startups From Western Balkans to Keep an Eye on | Western Balkans, the unpolished technology gem of Europe, is ripe with innovations tackling the reduction of effects and triggers of climate change and associated challenges. The agri-food sector holds particular importance to the region so... |
| Sep 26, 2022 | ElevenEs produces a prototype of the largest LFP battery cell in Europe | ElevenEs has completed a 2-year development program and produced a prototype of the largest battery cell in Europe. Customer deliveries to start in the first quarter of 2023. SUBOTICA, Serbia, Sept. 26, 2022 /PRNewswire/ --The first and lar... |
| May 5, 2022 | Climate tech meets deep tech: 25+ startups in SEE | Get ready for a growing wave of emerging technologies developed and scaled with the ultimate goal of solving a social or environmental challenge. Deep tech lays one of the most promising pathways towards mitigating climate change. And this ... |
| Oct 28, 2021 | ElevenEs receives investment and support from EIT InnoEnergy to build a battery gigafactory near Serbia's lithium deposit | SUBOTICA, Serbia, Oct. 28, 2021 /PRNewswire/ -- By 2030, Europe will need 14 times more batteries than it produces today. This is due to the growth of electric mobility and the energy storage market, which requires batteries to stabilise en... |
| Oct 22, 2021 | ElevenEs to build LFP batteries in Europe | The Serbian company ElevenEs has announced a strategic partnership with EIT InnoEnergy to build the first LFP lithium-ion battery gigafactory in Europe. The location has already been decided, but construction is not due to start until 2024.... |
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FAQ about ElevenEs
When was ElevenEs founded?
ElevenEs was founded in 2019.
What has the press written about ElevenEs?
Parsers VC has collected 10 articles mentioning ElevenEs, among them “ElevenEs Secures Series B First Closing For Advancing 1GWh LFP Mega Factory In Serbia” (Feb 22, 2026) and “Scaling lessons for tech companies: Quotes from successful European deep tech founders” (Sep 29, 2025).
Is ElevenEs still active?
ElevenEs is probably closed: its latest activity on Parsers VC dates from May 8, 2026.