Zenobē valuation, funding and investors

Zenobē works in battery storage solutions development, based in London, United Kingdom. Founded in 2017, it has about 361 employees.

Batteries London Debt

VALUATION · TODAY

$364M +0% after Growth

Range $26.0M – $554M · Grade D

TODAY

+12 MO

$200M

$400M

$600M

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

Growth $33.0M

ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then

HEADCOUNT · TODAY361 employees

+4%6m growth

+9%1y growth

+44%2y growth

200

400

Data from Jan 2021

TODAY

Predicted in 1 yr $364M +0% vs today

Predicted next raise $36.3M if a round comes

Winding-down probability 0%

Last round: Growth · $33.0M · Feb 2019
Valuation at last round: $336M · implied
Headcount: 361 · up
Grade: D
Founded: 2017

How VCMC values companies →

Zenobē valuation today

VCMC values Zenobē at $364M today, with a range of $26.0M to $554M and a grade of D. The valuation starts from its last funding round, a growth round in Feb 2019.

Valuation by date (120 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

Zenobē: valuation by date, as the model would have shown it on each date
Date	Valuation	Range	Predicted in 1 yr	Phase	Headcount	Trend	Grade	Winding-down probability
1 Jan 2017	$4.40M	$1.60M – $12.1M	$6.03M (+37%)	before first round	–	unknown	D	0%
1 Feb 2017	$4.52M	$1.64M – $12.4M	$6.19M (+37%)	before first round	–	unknown	D	0%
1 Mar 2017	$4.63M	$1.68M – $12.7M	$6.34M (+37%)	before first round	–	unknown	D	0%
1 Apr 2017	$4.75M	$1.73M – $13.1M	$6.52M (+37%)	before first round	–	unknown	D	0%
1 May 2017	$4.88M	$1.78M – $13.4M	$6.69M (+37%)	before first round	–	unknown	D	0%
1 Jun 2017	$5.01M	$1.82M – $13.8M	$6.87M (+37%)	before first round	–	unknown	D	0%
1 Jul 2017	$5.14M	$1.87M – $14.1M	$7.05M (+37%)	before first round	–	unknown	D	0%
1 Aug 2017	$5.28M	$1.92M – $14.5M	$7.24M (+37%)	before first round	–	unknown	D	0%
1 Sep 2017	$5.42M	$1.97M – $14.9M	$7.44M (+37%)	before first round	–	unknown	D	0%
1 Oct 2017	$5.57M	$2.03M – $15.3M	$7.63M (+37%)	before first round	–	unknown	D	0%
1 Nov 2017	$5.72M	$2.08M – $15.7M	$7.84M (+37%)	before first round	–	unknown	D	0%
1 Dec 2017	$5.87M	$2.14M – $16.1M	$8.04M (+37%)	before first round	–	unknown	D	0%
1 Jan 2018	$6.03M	$2.19M – $16.6M	$8.26M (+37%)	before first round	–	unknown	D	0%
1 Feb 2018	$6.19M	$2.25M – $17.0M	$8.49M (+37%)	before first round	–	unknown	D	0%
1 Mar 2018	$6.34M	$2.31M – $17.4M	$8.70M (+37%)	before first round	–	unknown	D	0%
1 Apr 2018	$6.52M	$2.37M – $17.9M	$8.93M (+37%)	before first round	–	unknown	D	0%
1 May 2018	$6.69M	$2.43M – $18.4M	$9.17M (+37%)	before first round	–	unknown	D	0%
1 Jun 2018	$6.87M	$2.50M – $18.9M	$9.42M (+37%)	before first round	–	unknown	D	0%
1 Jul 2018	$7.05M	$2.57M – $19.4M	$9.66M (+37%)	before first round	–	unknown	D	0%
1 Aug 2018	$7.24M	$2.64M – $19.9M	$9.76M (+35%)	before first round	–	unknown	D	0%
1 Sep 2018	$7.44M	$2.71M – $20.4M	$9.85M (+32%)	before first round	–	unknown	D	0%
1 Oct 2018	$7.63M	$2.78M – $21.0M	$9.94M (+30%)	before first round	–	unknown	D	0%
1 Nov 2018	$7.84M	$2.85M – $21.5M	$10.0M (+28%)	before first round	–	unknown	D	0%
1 Dec 2018	$8.04M	$2.93M – $22.1M	$10.1M (+26%)	before first round	–	unknown	D	0%
1 Jan 2019	$8.26M	$3.01M – $22.7M	$10.2M (+24%)	before first round	–	unknown	D	0%
1 Feb 2019	$8.49M	$3.09M – $23.3M	$10.3M (+21%)	before first round	–	unknown	D	0%
20 Feb 2019	$336M	$221M – $563M	$370M (+10%)	after a round	–	unknown	B	0%
1 Mar 2019	$337M	$221M – $563M	$370M (+10%)	after a round	–	unknown	B	0%
1 Apr 2019	$340M	$221M – $563M	$370M (+9%)	after a round	–	unknown	B	0%
1 May 2019	$343M	$221M – $563M	$370M (+8%)	after a round	–	unknown	B	0%
1 Jun 2019	$345M	$221M – $563M	$370M (+7%)	after a round	–	unknown	B	0%
1 Jul 2019	$348M	$221M – $563M	$370M (+6%)	after a round	–	unknown	B	0%
1 Aug 2019	$351M	$221M – $563M	$370M (+5%)	after a round	–	unknown	B	0%
1 Sep 2019	$354M	$221M – $563M	$370M (+5%)	after a round	–	unknown	B	0%
1 Oct 2019	$357M	$221M – $563M	$370M (+4%)	after a round	–	unknown	B	0%
1 Nov 2019	$360M	$221M – $563M	$370M (+3%)	after a round	–	unknown	B	0%
1 Dec 2019	$362M	$221M – $563M	$370M (+2%)	after a round	–	unknown	B	0%
1 Jan 2020	$365M	$221M – $563M	$370M (+1%)	after a round	–	unknown	B	0%
1 Feb 2020	$368M	$221M – $563M	$370M (0%)	after a round	–	unknown	B	0%
1 Mar 2020	$370M	$217M – $563M	$370M (0%)	after a round	–	unknown	B	0%
1 Apr 2020	$370M	$206M – $563M	$370M (0%)	after a round	–	unknown	B	0%
1 May 2020	$370M	$196M – $563M	$370M (0%)	after a round	–	unknown	B	0%
1 Jun 2020	$370M	$187M – $563M	$370M (0%)	after a round	–	unknown	B	0%
1 Jul 2020	$370M	$178M – $563M	$370M (0%)	after a round	–	unknown	B	0%
1 Aug 2020	$370M	$169M – $563M	$370M (0%)	after a round	–	unknown	C	0%
1 Sep 2020	$370M	$161M – $563M	$370M (0%)	after a round	–	unknown	C	0%
1 Oct 2020	$370M	$153M – $563M	$370M (0%)	after a round	–	unknown	C	0%
1 Nov 2020	$370M	$145M – $563M	$370M (0%)	after a round	–	unknown	C	0%
1 Dec 2020	$370M	$138M – $563M	$370M (0%)	after a round	–	unknown	C	0%
1 Jan 2021	$370M	$131M – $563M	$370M (0%)	after a round	31	unknown	C	0%
1 Feb 2021	$370M	$125M – $563M	$370M (0%)	after a round	31	unknown	C	0%
1 Mar 2021	$370M	$119M – $563M	$370M (0%)	after a round	31	unknown	C	0%
1 Apr 2021	$370M	$113M – $563M	$366M (-1%)	after a round	31	flat	C	0%
1 May 2021	$370M	$108M – $563M	$363M (-2%)	after a round	31	flat	C	0%
1 Jun 2021	$370M	$103M – $563M	$360M (-3%)	after a round	31	flat	C	0%
1 Jul 2021	$370M	$97.6M – $563M	$357M (-4%)	after a round	31	flat	C	0%
1 Aug 2021	$370M	$92.7M – $563M	$354M (-4%)	after a round	31	flat	C	0%
1 Sep 2021	$370M	$88.1M – $563M	$351M (-5%)	after a round	31	flat	C	0%
1 Oct 2021	$370M	$83.9M – $563M	$348M (-6%)	after a round	31	flat	C	0%
1 Nov 2021	$370M	$79.7M – $563M	$345M (-7%)	after a round	31	flat	C	0%
1 Dec 2021	$370M	$75.9M – $563M	$342M (-8%)	after a round	31	flat	D	0%
1 Jan 2022	$370M	$72.1M – $563M	$339M (-8%)	after a round	31	flat	D	0%
1 Feb 2022	$370M	$68.5M – $563M	$336M (-9%)	after a round	31	flat	D	0%
1 Mar 2022	$370M	$149M – $563M	$370M (0%)	after a round	80	growing	C	0%
1 Apr 2022	$370M	$146M – $563M	$370M (0%)	after a round	80	growing	C	0%
1 May 2022	$370M	$144M – $563M	$370M (0%)	after a round	80	growing	C	0%
1 Jun 2022	$370M	$141M – $563M	$370M (0%)	after a round	80	growing	C	0%
1 Jul 2022	$370M	$139M – $563M	$370M (0%)	after a round	80	growing	C	0%
1 Aug 2022	$370M	$136M – $563M	$370M (0%)	after a round	80	growing	C	0%
1 Sep 2022	$370M	$133M – $563M	$370M (0%)	after a round	80	growing	C	0%
1 Oct 2022	$370M	$131M – $563M	$370M (0%)	after a round	80	growing	C	0%
1 Nov 2022	$370M	$43.8M – $563M	$370M (0%)	after a round	80	unknown	D	0%
1 Dec 2022	$370M	$41.7M – $563M	$370M (0%)	after a round	80	unknown	D	0%
1 Jan 2023	$370M	$124M – $563M	$370M (0%)	after a round	160	growing	C	0%
1 Feb 2023	$370M	$121M – $563M	$370M (0%)	after a round	160	growing	C	0%
1 Mar 2023	$370M	$128M – $563M	$370M (0%)	after a round	160	growing	C	0%
1 Apr 2023	$370M	$126M – $563M	$370M (0%)	after a round	160	growing	C	0%
1 May 2023	$370M	$124M – $563M	$370M (0%)	after a round	160	growing	C	0%
1 Jun 2023	$370M	$122M – $563M	$370M (0%)	after a round	160	growing	C	0%
1 Jul 2023	$370M	$120M – $563M	$370M (0%)	after a round	160	growing	C	0%
1 Aug 2023	$370M	$118M – $563M	$370M (0%)	after a round	160	growing	C	0%
1 Sep 2023	$370M	$116M – $563M	$370M (0%)	after a round	160	growing	C	0%
1 Oct 2023	$370M	$114M – $563M	$370M (0%)	after a round	220	growing	C	0%
1 Nov 2023	$370M	$112M – $563M	$370M (0%)	after a round	220	growing	C	0%
1 Dec 2023	$370M	$110M – $563M	$370M (0%)	after a round	220	growing	C	0%
1 Jan 2024	$370M	$109M – $563M	$370M (0%)	after a round	220	growing	C	0%
1 Feb 2024	$370M	$109M – $563M	$370M (0%)	after a round	240	growing	C	0%
1 Mar 2024	$370M	$109M – $563M	$370M (0%)	after a round	250	growing	C	0%
1 Apr 2024	$370M	$109M – $563M	$370M (0%)	after a round	250	growing	C	0%
1 May 2024	$370M	$109M – $563M	$370M (0%)	after a round	250	growing	C	0%
1 Jun 2024	$370M	$109M – $563M	$370M (0%)	after a round	250	growing	C	0%
1 Jul 2024	$370M	$109M – $563M	$370M (0%)	after a round	250	growing	C	0%
1 Aug 2024	$336M	$37.5M – $512M	$336M (0%)	after a round	250	up	D	0%
1 Sep 2024	$336M	$37.5M – $512M	$336M (0%)	after a round	250	up	D	0%
1 Oct 2024	$336M	$37.5M – $512M	$336M (0%)	after a round	250	up	D	0%
1 Nov 2024	$336M	$37.5M – $512M	$336M (0%)	after a round	260	up	D	0%
1 Dec 2024	$336M	$37.5M – $512M	$336M (0%)	after a round	260	up	D	0%
1 Jan 2025	$336M	$37.5M – $512M	$336M (0%)	after a round	260	up	D	0%
1 Feb 2025	$336M	$37.5M – $512M	$336M (0%)	after a round	260	up	D	0%
1 Mar 2025	$336M	$26.0M – $512M	$336M (0%)	after a round	260	up	D	0%
1 Apr 2025	$336M	$26.0M – $512M	$336M (0%)	after a round	260	up	D	0%
1 May 2025	$336M	$22.1M – $512M	$336M (0%)	after a round	260	flat	D	0%
1 Jun 2025	$336M	$22.1M – $512M	$336M (0%)	after a round	260	flat	D	0%
1 Jul 2025	$336M	$22.1M – $512M	$336M (0%)	after a round	260	flat	D	0%
1 Aug 2025	$349M	$26.0M – $531M	$343M (-2%)	after a round	313	up	D	0%
1 Sep 2025	$346M	$26.0M – $527M	$340M (-2%)	after a round	313	up	D	0%
1 Oct 2025	$364M	$26.0M – $554M	$363M (0%)	after a round	331	up	D	0%
1 Nov 2025	$364M	$26.0M – $554M	$363M (0%)	after a round	331	up	D	0%
1 Dec 2025	$364M	$26.0M – $554M	$362M (0%)	after a round	331	up	D	0%
1 Jan 2026	$364M	$26.0M – $554M	$362M (0%)	after a round	331	up	D	0%
1 Feb 2026	$361M	$26.0M – $550M	$359M (-1%)	after a round	331	up	D	0%
1 Mar 2026	$340M	$26.0M – $518M	$336M (-1%)	after a round	331	up	D	0%
1 Apr 2026	$369M	$26.0M – $562M	$369M (0%)	after a round	347	up	D	0%
1 May 2026	$366M	$26.0M – $557M	$365M (0%)	after a round	348	up	D	0%
1 Jun 2026	$336M	$26.0M – $512M	$336M (0%)	after a round	348	up	D	0%
1 Jul 2026	$336M	$26.0M – $512M	$336M (0%)	after a round	348	up	D	0%
1 Aug 2026	$336M	$26.0M – $512M	$336M (0%)	after a round	351	up	D	0%
1 Sep 2026	$336M	$26.0M – $512M	$336M (0%)	after a round	358	up	D	0%
1 Oct 2026	$336M	$26.0M – $512M	$336M (0%)	after a round	361	up	D	0%
24 Oct 2026	$364M	$26.0M – $554M	$364M (0%)	after a round	361	up	D	0%

Key facts about Zenobē

Founded: 2017
Headquarters: London, United Kingdom
Employees: about 361 +9% in a year
Total raised: $630M
Funding rounds: 3
Last round: Debt May 2024

Zenobē was founded in 2017 by James Basden and Steven Meersman.

Zenobē funding history

Zenobē has 3 funding rounds on record, from Feb 2019 to May 2024, $630M in total. None disclosed a valuation.

Debt 22 May 2024no round page
With NatWest, Aviva, Scottish Widows, LDC, MUFG, Santander, Siemens Financial Services, Société Générale.
Sources: zenobe.com, zenobe.com, techfundingnews.com
$307M
Debt 1 Feb 2023no round page
With Canadian Imperial Bank of Commerce, Rabo Investments, Santander UK, Siemens Financial Services, NatWest.
Sources: techfundingnews.com, mercomindia.com, techfundingnews.com and 1 more
$290M
Growth Equity 19 Feb 2019
Led by Jera Capital, Tokyo Electric Power Company (Tepco).
Sources: solarpowerportal.co.uk, zenobe.com
$33M

Zenobē investors

13 investors have backed Zenobē; Jera Capital and Tokyo Electric Power Company (Tepco) led at least one round.

Tokyo Electric Power Company (Tepco) lead
NatWest 2 rounds
Siemens Financial Services 2 rounds
Aviva
Canadian Imperial Bank of Commerce
MUFG
Santander
Santander UK
Scottish Widows
Société Générale

What Zenobē does

Zenobē works in batteries, with 15 recorded offerings and customers in energy and transportation.

Zenobē Energy Limited is a British company that develops and supplies battery storage solutions for electric fleets, network infrastructure, and portable power. The company also provides electric fleet electrification, network infrastructure solutions, and second-life battery repurposing for applications such as EV charging, construction, and film production. Zenobē operates as both an energy supplier and a corporate office, serving clients in the UK, Australia, New Zealand, North America, and Benelux.

Description from Veridion's company data.

Products and services

Battery Storage Solutions Development
Electric Fleet Electrification Services
Network Infrastructure Integration
Portable Power Solutions Deployment
Second-Life Battery Solutions Implementation
Renewable Energy Integration Services
Electric Vehicle Charging Infrastructure Deployment
Construction Site Power Solutions Deployment
Film and Event Power Solutions Deployment
Battery Storage Software Development
Sustainable Energy Consulting Services
Greenhouse Gas Emissions Reduction Solutions
Air Pollution Reduction Solutions
Global Energy Equipment Distribution
Electric Vehicle Battery Repurposing Services

Markets

Energy
Transportation

Technology

Large-Scale Battery Storage Systems
Second-Life Battery Recycling for EV Charging

Business model

Business-to-Business
Service Provider
Enterprise

Industry codes (NAICS)

221122 Electric Power Distribution 50% match
485999 All Other Transit and Ground Passenger Transportation 30% match
541511 Custom Computer Programming Services 20% match

Questions about Zenobē

What is Zenobē worth?

Valuation $364M (range $26.0M to $554M), as of 24 Oct 2026.

Has Zenobē raised money?

Zenobē has 3 funding rounds on record, from Feb 2019 to May 2024, $630M in total. None disclosed a valuation.

Who has invested in Zenobē?

Jera Capital, Tokyo Electric Power Company (Tepco), NatWest, Siemens Financial Services, Aviva and Canadian Imperial Bank of Commerce, and 7 more. Lead investors include Jera Capital and Tokyo Electric Power Company (Tepco).

How many people work at Zenobē?

About 361, up 9% over the last year. Headcount grew from 31 in Jan 2021 to 361 in Sep 2026.

What does Zenobē do?

Zenobē works in batteries, with 15 recorded offerings and customers in energy and transportation. Its main offerings are battery storage solutions development, electric fleet electrification services and network infrastructure integration.

When was Zenobē founded, and where is it based?

Zenobē was founded in 2017 and is based in London, United Kingdom. It has about 361 employees, up 9% over the last year.

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