What is Forsee Power?
Forsee Power is a prominent industrial group specializing in the design, assembly, and supply of smart battery systems. Their expertise spans electric transport solutions for road, rail, and marine applications, as well as portable and mobile equipment including scooters, medtech, and robotics. Operating as a key player in Europe, China, and North America, Forsee Power leverages robust cell technology to deliver advanced energy management systems. The company's commitment to innovation and reliable energy solutions positions it as a critical enabler of the global transition towards electrification.
How much funding has Forsee Power raised?
Forsee Power has raised a total of $65.4M across 1 funding round:
Private Equity
$65.4M
Private Equity (2017): $65.4M with participation from European Investment Bank, Mitsui, and Idinvest Partners
Key Investors in Forsee Power
European Investment Bank
Established in 1958 and headquartered in Luxembourg, European Investment Bank (EIB) is the European Union's nonprofit long-term lending and finance institution, focusing on supporting key EU policy objectives.
Mitsui
Mitsui & Co. is a global trading and investment company with a diverse portfolio, focusing on supporting industry growth and promoting the global transition to low-carbon and renewable energy.
Idinvest Partners
Idinvest Partners is a mid-market private equity company that finances and supports entrepreneurs at different stages of their business development, with a focus on growth-stage companies.
What's next for Forsee Power?
With a substantial funding history, Forsee Power is strategically positioned for continued growth and technological advancement. The recent major strategic investment signals confidence from its backers in the company's future prospects, likely enabling further research and development into next-generation battery technologies and expanding manufacturing capabilities. This capital infusion will be crucial for Forsee Power to solidify its market leadership, enhance its global supply chain, and meet the escalating demand for sustainable energy solutions across various industries.
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