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XL Batteries

XL Batteries

Private
Marlborough, MassachusettsEnergy & Sustainabilityhttps://www.xlbatteries.com/

Last Round

Seed Round

Jul 14, 2026

Total Funding Raised

$25.6M

Momentum

Top 1%

of companies Caplight tracks

Company Overview

XL Batteries is a cleantech company that develops and provides a low-cost, grid-scale Organic Flow Battery for utility-scale energy storage.

Sector

Energy & Sustainability

Verticals

Energy Storage, Renewable Energy, Smart Grid

Business Model

B2B

Customer Profile

Hardware Sales

AI Layer

Non-AI

Keywords

flow batterylong-duration energy storageLDESgrid-scale energy storagerenewable energy storagestationary energy storageorganic flow batteryload shiftingpeak shavingbattery management systemBMSalternative to lithium-ionnon-flammable batteryclean techenergy infrastructure

Historical Pricing

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Caplight Momentum Score

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XL Batteries Comparables

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XL Batteries comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Quino Energy
89%
Otoro Energy
88%
Flux XII
87%

XL Batteries Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Seed RoundJul 14, 2026
SeedSep 17, 2025
SeedFeb 23, 2023
GrantSep 1, 2022
GrantAug 1, 2022
Accelerator
Sep 17, 2021

Key People

Founding team and executive leadership

Noam Yaffe

Advisor to CEO

Executive Team

Thomas Sisto

CEO Co-Founder

Founding Team

XL Batteries Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 14, 2026

    $13M round raised

  • Apr 20, 2026

    Received the 2026 BloombergNEF Pioneers award.

XL Batteries Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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XL Batteries Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about XL Batteries's valuation, stock price, and market status.

Firmographic Details

HeadquartersMarlborough, Massachusetts
Employee Range29
Year Founded2019
Last FundingJul 14, 2026

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