Allye provides distributed energy storage at the grid edge to lower consumer costs, promote local grid resiliency and accelerate decarbonisation. Allye’s first product, the Max, is the world’s first mobile energy storage system that repurposes healthy battery packs from EVs.
Allye
Mobile Energy Storage Systems
Why we invested
The move to electrification is required but has created challenges for the grid. Allye solves grid constraints and lowers bills for consumers with leading battery energy storage solutions. Their technology reduces energy costs by up to 70% by storing cheap power, reducing excess charges, and providing high power when needed.
Founded
2021
Location
London, England
Sector
Electrification