Swedish energy technology company Rebaba has raised $4.6 million (SEK 44.1 million) through an oversubscribed seed round led by Sistafund, alongside EIT Urban Mobility, with participation from existing shareholders and new European investors. The financing positions Rebaba to advance its mission to deliver circular battery energy storage systems that address climate challenges and the growing demand for stable and cost-effective energy at scale globally. By combining electric vehicle batteries recovered from the market with patent-pending Rebaba technology, Rebaba empowers its customers to reduce energy costs, avoid grid bottlenecks, strengthen operational resilience, and generate revenue from green energy, whilst establishing a circular battery value chain. Following one year of production at its flagship CircularHub in Stockholm, the company now operates commercial deployments across Sweden. Rebaba s two energy storage products, Companion, a compact 40 kWh cabinet-based system for residential and smaller commercial applications, and Containerised, a larger-scale system for commercial and industrial applications, enable customers to engage in load shifting, local generation storage, peak shaving, and grid balancing services. Rebaba is now engaged in scaling up its operations to meet growing commercial demand, including fulfilment of previously unannounced commercial agreements recently signed in Sweden and Denmark. The company s plans include expansion of its CircularHub to
