The market for high-performance battery technology just got a significant boost, with KREISEL Electric announcing it has raised $276.0M. The company specializes in state-of-the-art battery solutions, leveraging its patented immersion cooling architecture to deliver unsurpassed lifetime, superior safety, and ultimate performance for a wide range of mobile and stationary applications.
Since 2014, Kreisel has been a leading innovator in immersion-cooled electric battery modules and packs, serving a global customer base across commercial vehicles, off-highway, marine, and e-motorsports. This capital follows Deere & Company's December 2021 announcement of its intent to acquire majority ownership in the battery technology firm.
