# ElevenEs

**Source:** https://www.startuphub.ai/startups/elevenes
**Profile type:** Startup

> European LFP battery cell manufacturer building a gigafactory in Serbia.

## About

ElevenEs is a European battery company focused on developing and producing high-performance Lithium Iron Phosphate (LFP) battery cells for electric vehicles, energy storage systems, and industrial applications. The company is building a gigafactory in Subotica, Serbia, to scale its proprietary LFP blade prismatic cell technology, aiming for lower-carbon footprint manufacturing and increased supply chain circularity. ElevenEs was spun off from the aluminum processing company Al Pack Group and operates Europe's first LFP production plant.

## Key facts

- **Slug:** elevenes
- **Website:** https://elevenes.com
- **Location:** Subotica, Vojvodina, Serbia
- **Founded:** 2021-01-01
- **Operating status:** Active
- **Sectors / tags:** Batteries, Electric Vehicles, Energy Storage, Manufacturing, Cleantech, Automotive
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/elevenes-d-o-o/
  - Twitter: https://twitter.com/ElevenEs_LFP
  - Facebook: https://www.facebook.com/ElevenEs.LFP/

## Frequently asked

### What does ElevenEs do?

ElevenEs is a European battery company focused on developing and producing high-performance Lithium Iron Phosphate (LFP) battery cells for electric vehicles, energy storage systems, and industrial applications. The company is building a gigafactory in Subotica, Serbia, to scale its proprietary LFP blade prismatic cell technology, aiming for lower-carbon footprint manufacturing and increased supply chain circularity. ElevenEs was spun off from the aluminum processing company Al Pack Group and ope…

### What is ElevenEs's valuation?

StartupHub estimates ElevenEs's effective valuation at $976.8M (range $683.7M to $1.3B, 38% confidence), based on comparable companies in the sector.

### Where is ElevenEs headquartered?

ElevenEs is headquartered in Subotica, Vojvodina, Serbia.

### When was ElevenEs founded?

ElevenEs was founded in 2021.

### What industry does ElevenEs operate in?

ElevenEs operates in Batteries, Electric Vehicles, Energy Storage, Manufacturing, Cleantech, Automotive.

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