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Energy storage system provider developing software-enabled BESS from second-life EV batteries for C&I businesses and grid operators.
Based in London, England, Allye develops software-driven distributed energy storage systems that repurpose recycled electric vehicle batteries to provide grid edge flexibility for electricity networks. The company provides commercial, industrial, and residential end customers with modular battery energy storage systems combined with an energy-as-a-service software subscription to lower electricity costs and improve local grid resiliency. Operating with a team of 10 employees, the enterprise has raised £3 million in Seed funding alongside an additional $2.5 million in recent financing to accelerate its hardware and software technology rollout. Allye has established a strategic partnership with Jaguar Land Rover to develop storage systems utilizing depleted batteries from Range Rover plug-in hybrid vehicles, and the firm previously won an industry technology award from Publicis Sapient. Allye was founded in February 2023 by Jonathan Carrier, Jack Levy, and Lorenzo Bergamaschi.
Allye has raised $3.6M across 2 funding rounds.
Allye has raised $3.6M in total across 2 funding rounds.
Allye has raised $3.6M in total across 2 funding rounds.
Allye's investors include Nick Charman, Alpha Future Funds.
Allye has raised $3.6M across 2 funding rounds. Most recently, it raised $2.5M Seed in October 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 16, 2025 | $2.5M Seed | ||
| Jul 11, 2023 | $1.2M Other Equity | Nick Charman | Alpha Future Funds |