Stockholm, Sweden, 1 October 2021 – Enerpoly announces its acceptance into Sting Accelerator’s Deeptech Incubate Program. By joining Sting in its Östermalm location, Enerpoly gains access to a team of experienced mentors, connections with key industry partners and office space, ensuring continued growth of the company and strengthening Enerpoly’s presence in the battery energy storage space.
“We’re looking forward to working with Sting and our business coach, Magnus Rehn, who has extensive experience in sustainability and clean tech. Sting’s strong track record of supporting some of Sweden’s most successful entrepreneurial teams will be an incredibly valuable resource to us.” – Eloisa de Castro, CEO of Enerpoly.
Enerpoly has developed rechargeable zinc-ion battery technology. Zinc-ion batteries are affordable, non-toxic, non-volatile, and made of available and inexpensive materials with well-established supply chains and recycling infrastructure. Enerpoly’s cost-efficient energy storage solution can meet the 2030 global cost targets for renewable energy storage today by saving on cell component costs and manufacturing processes.
Sting Incubate Deeptech is for startups based on substantial scientific advances and new disruptive technologies in areas such as AI, machine-learning, new materials, cleantech. that help bring solutions to some of today’s biggest challenges. Sting has worked with 305 startups which have raised €603M with a combined valuation of over €2 billion, and a survival rate of 69%.
Founded in 2018, Enerpoly is a next generation energy storage technology company pioneering the rechargeable zinc-ion battery chemistry with the mission of enabling sustainable energy on a global scale. Enerpoly innovates in battery components, production methods and designs, and employs agile research and development techniques to rapidly deliver batteries that are suitable for grid, industrial, commercial, and residential uses.
Sting is an accelerator for startups and has been named the Best Accelerator in the Nordics and the Main Runway for Startups in Stockholm. We are a non-profit organisation, owned by the public-private Electrum foundation. This makes us an independent, founder-centric player who always acts based on what’s best for the startup. Sting has been around since 2002, supporting hundreds of promising Stockholm-based startups. We have also taken an active part in developing several key components of the startup ecosystem in Stockholm and Sweden for the past 19 years.