Allegro Energy

Allegro Energy

Novel water-based electrolyte that can be used in both redox flow batteries (RFBs) and supercapacitors. Learn more
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DateInvestorsAmountRound
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Spinout

$450k

Seed
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$4.0m

Valuation: $80.0m

Early VC
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AUD17.5m

Series A
Total FundingAUD24.4m

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Allegro Energy is dedicated to accelerating the transition to a zero-carbon, renewable economy by providing innovative energy storage solutions. The company focuses on creating safe, clean, and green energy storage systems using unique water-based electrolytes that offer high performance at a low cost. Allegro Energy serves a diverse range of clients, including those in the renewable energy sector, electric mobility, and grid stabilization markets. The business operates primarily in the renewable energy and energy storage markets, targeting clients who require sustainable and efficient energy solutions. Allegro Energy's business model revolves around the development, manufacturing, and sale of its proprietary energy storage systems. The company generates revenue by selling these systems to businesses and organizations that need reliable and sustainable energy storage solutions.

Keywords: renewable energy, energy storage, water-based electrolytes, zero-carbon, grid stabilization, electric mobility, sustainable solutions, high performance, low cost, clean energy.