Seed · Climate tech
Rebaba raises $4.6m seed for 40 MWh production expansion
Sistafund led the round, with EIT Urban Mobility participating.
The financing is also reported as SEK44.1m. Other existing and new shareholders participated but were not individually identified.
Rebaba plans to expand its Stockholm CircularHub to 40 MWh of annual capacity, hire production and commercial staff and establish additional manufacturing outside Sweden.
The company already offers stationary storage products made from repurposed EV batteries. The round scales that production and commercial operation.
Use of funds
Expand Stockholm CircularHub production to 40 MWh annual capacity
Hire for production and commercial growth
Establish additional manufacturing capacity outside Sweden
Funding history
Seed · This round$4.6M