Allye Energy raises $2.5m to scale smart battery systems

Monday 20 Oct 2025
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Allye Energy has completed a $2.5m seed funding round to accelerate deployment of its smart battery energy storage technology.

Allye’s innovative approach to re-purposing EV batteries represents a circular economy breakthrough. Their ability to integrate different battery models extends battery life cycles whilst creating new revenue streams from assets.

Read more in The Engineer