# Element Energy

> Element Energy is a Menlo Park battery management company that uses semiconductor-grade hardware, software, and cell-level controls to extend battery life, prevent fires, and give retired EV batteries a second career on the grid.

- **Founded:** 2019
- **Headquarters:** Menlo Park, California, United States
- **Founders:** Anthony Stratakos (Co-founder, President & CEO), Seth Kahn (Co-founder, COO/CPO), Rainer Fasching (Co-founder, Chief Scientific Officer)
- **Team size:** ~56 employees
- **Products:** Adaptive Battery Management System (BMS), Second-Life Energy Storage Systems, First-Life Energy Storage Systems, EV Battery Integration
- **Notable:** Commissioned the world's largest second-life, grid-connected battery installation (53 MWh) in 2024., Closed $111M capital raise in November 2023 ($73M Series B + $38M debt)., Claims up to 50% more battery lifetime and up to 100x faster fault response than conventional BMS.

## Products & services

- **Adaptive Battery Management System (BMS)** — Distributed hardware, embedded firmware, and cloud software that monitors and controls battery packs at cell-level granularity.
- **Second-Life Energy Storage Systems** — Grid-scale storage built from retired EV battery packs, made bankable by Element Energy's diagnostics and controls.
- **First-Life Energy Storage Systems** — BMS for new utility-scale lithium-ion installations, with claims of up to 50% more usable lifetime.
- **EV Battery Integration** — BMS architecture for electric vehicle OEMs focused on safety and pack longevity.

## Achievements

- Commissioned the world's largest second-life, grid-connected battery installation (53 MWh) in 2024.
- Closed $111M capital raise in November 2023 ($73M Series B + $38M debt).
- Claims up to 50% more battery lifetime and up to 100x faster fault response than conventional BMS.
- Over $50M devoted to R&D, multiple issued and pending patents.

## Latest updates

- **2024-11** — Announced commercial operation of 53 MWh second-life BESS - the largest of its kind worldwide.
- **2024-05** — 53 MWh second-life storage project began operating commercially on ERCOT.
- **2023-11** — Closed $111M financing led by LG, Prelude, Radar, and Edison.

## Links

- Website: https://elementenergy.com
- LinkedIn: https://www.linkedin.com/company/element-energy-inc
- Twitter/X: https://twitter.com/elementenergy

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Profile page: https://yespress.io/element-energy
Published by YesPress — https://yespress.io
Last updated: 2026-05-19