# CustomCells: Electrical/electronic manufacturing, Itzehoe, Germany

> CustomCells: CustomCells is a German manufacturer and developer of high-performance lithium-ion battery cells, established in 2012 as a spin-off from the...

Source: https://millionrounds.com/startup/customcells (Millionrounds; every figure on the page links to its filing or article)

Germany · [Electrical/electronic manufacturing startup](https://millionrounds.com/companies)

# CustomCells

CustomCells is a German manufacturer and developer of high-performance lithium-ion battery cells, established in 2012 as a spin-off from the Fraunhofer Institute for Silicon Technology.

Funding reported Last round: Venture (Round not Specified)

Electrical/electronic manufacturing Itzehoe, Germany

Company summary

- **Founded:** 2012 14 years old
- **Team:** 160 51 to 200 people
- **Funding reported:** 69.3M as listed, currency not stated
- **Last round:** Venture (Round not Specified) May 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for CustomCells has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About CustomCells

CustomCells is a German manufacturer and developer of high-performance lithium-ion battery cells, established in 2012 as a spin-off from the Fraunhofer Institute for Silicon Technology.

Headquartered in Itzehoe, Schleswig-Holstein, the company has production and development sites in both Itzehoe and Tübingen. CustomCells specializes in the development, prototyping, and series production of application-specific battery solutions, including custom lithium-ion batteries, high-temperature cells, lithium polymer batteries, and complete battery systems. The company serves high-performance B2B sectors, focusing on industries such as defense, aerospace, motorsport, automotive, maritime, medical technology, oil and gas, and climate technology. CustomCells is equipped with flexible production lines and automated mass production capabilities, ensuring high-quality, customized battery technology. With a commitment to "Made in Germany" quality, CustomCells aims to support the global energy transition through innovative battery solutions tailored for demanding environments.

## What company datasets say CustomCells raised

Funding, as reported

Reported in all **69.3M** in the source's currency

Last round **Venture (Round not Specified)**

Last round date **May 2023**

Investors listed **5**

## Founders and team

From CustomCells's own website: 3 on the team.

- **Dr. Ralph Petersen** Chief Executive Officer
- **Andreas Löhrke** Chief Technology Officer
- **Dr. Jan Diekmann** Chief Operating Officer

## On a portfolio page

Investors who name them

- [Vsquared Ventures](https://millionrounds.com/fund/vsquared-ventures)

Each firm lists CustomCells on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

high energy cells battery testing and analysis collaboration in r&d battery solutions for industries high-performance cells agile manufacturing next-generation cells energy storage innovation customized battery solutions battery gigafactories battery manufacturing equipment power density distribution manufacturing battery process engineering cell design innovation

Built with from their website

Google Tag Manager WordPress.org Atlassian Apache Viewport Meta Priority Hints React Google Font API Microsoft Exchange Cookiebot

+8 more

MySQL Microsoft 365 Apps & Services Mobile Friendly Open Graph Microsoft Dynamics 365 Framer HTTP/3 Wordpress

- **Sector:** Electrical/electronic manufacturing
- **Industry code:** NAICS 33591, 54171, SIC 3694, 3691, 8731
- **Region:** Schleswig-Holstein
- **Revenue:** 41.5M a year, as listed

## Electrical/electronic manufacturing in Germany

Startups like it

- [**tado** Muenchen · founded 2011 *Raised*](https://millionrounds.com/company/tado)
- [**JLCPCB** Krefeld · founded 2006](https://millionrounds.com/startup/jlcpcb)
- [**LEADRIVE** Aachen · founded 2017](https://millionrounds.com/startup/leadrive-2)
- [**JOLT ENERGY** Muenchen · founded 2018](https://millionrounds.com/startup/jolt-energy)
- [**q.ant** Stuttgart · founded 2018](https://millionrounds.com/startup/q-ant)
- [**Instagrid** Ludwigsburg · founded 2018](https://millionrounds.com/startup/instagrid)
- [**Qwello** Munich · founded 2017](https://millionrounds.com/startup/qwello)
- [**BURNHARD** Duesseldorf · founded 2012](https://millionrounds.com/startup/burnhard)

## Is this your company?

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