🇸🇪 DREV raises €2.8 million in seed funding to enable a safer, circular battery industry

We’re excited to announce that DREV has raised €2.8 million in seed funding!

The round was co-led by Butterfly Ventures and Almi Invest GreenTech, with support from S-E-Bankens Utvecklingsstiftelse and U.S.-based Battle Born Venture — Nevada’s state-backed venture fund that is in the process of joining the round, with more exciting details to follow.

This investment will fuel the expansion of our Vault Mobile and Vault Stationary systems — advancing safer workplaces, enabling recovery of critical materials, and accelerating a more circular and sustainable battery industry.

A heartfelt thank you to our investors, partners, and team — and to Unconventional Ventures, whose ongoing support and belief in DREV have been instrumental to our growth. Together, we’re building the foundation for a safer, cleaner, and more resource-efficient future.

This marks an important step forward — with more to come as we continue to build what’s next.

Originally published on 5 November by DREV.

Announcements are published as a service to readers. The sender is responsible for all content.

Announcements for publication can be submitted to [email protected].