Rivus Batteries

Batteries are needed to store renewable energy – it's not always windy when you want it to be, and the same applies to the hours of sunshine. Rivus’ idea is for gigantic batteries to be placed at solar and wind farms.

xista team

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Alexander Schwartz

Solution to a Pressing Problem

There is a race going on globally in the electrical energy storace sector: while no one has yet launched a commercial product in the domain of organic flow batteries, and American startups receive massive support in the USA, Rivus has developed its technology in stealth mode in Sweden. The company is close to developing a first pre-commercial product in its lab at the Chalmers University of Technology in Gothenburg.

The increased need for electricity combined with ever increasing renewable energy production and an increasingly uncertain electricity supply has put energy storage into the centre of the energy transition.

Our Investment Rationale

The advantages of Rivus’ solution are manifold: Rivus' batteries are non-flammable and non-corrosive, thereby they are very safe. The raw material will never run out, and the solution becomes cheaper and greener the more the company scales up - in contrast to today’s batteries that rely on scarce metals that need to be mined and imported.

Dr. Alexander Schwartz, partner at xista science ventures, explains: “The combination of technological progress that Rivus made with initially very limited resources in an important and potentially game-changing field, as well as the excellent team, made Rivus such an attractive investment for us.”

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Investment process

1. Share your Information

Use the form to tell us about your startup. Our team will review the details provided and will get back to you as soon as possible. If you meet the required criteria, we’ll plan together the next steps of your funding journey.

2. Start the financing process

We start by inviting you to a meeting and gather more information relevant to conducting a due diligence process, evaluating your business plans, growth strategy, and financial forecasts. Together, we analyze and determine the essential details and deal structure to meet your unique financing requirements.

3. Raise capital

If we invest, we will likely lead your funding round and will help you to fill your round and guide you through the process. From round preparations to execution, our team is here to support you, ensuring a smooth and successful experience.

4. Go beyond financing

We will be your partner in everything you encounter while executing your plans. We offer continuous support and guidance as we firmly believe long-term succes is a shared mission.