Tavion, a Stockholm-based energy company developing and operating large-scale battery parks across Europe, has raised €50 million in new funding as it moves into construction in Poland.
The Round
The financing includes €34 million from an oversubscribed round led by Leitmotif and Oberon Capital, with backing from existing investors BackingMinds and Course Corrected VC, alongside €16 million in debt financing. The round follows an earlier kr76 million (SEK) Pre-Seed round closed in April 2026, bringing Tavion’s total funding raised to €56.8 million across two rounds.
What the Funding Builds
The capital will support construction of three battery parks in Poland with a combined capacity of 69 MW, and accelerate Tavion’s broader development plan. The projects mark the company’s entry into the construction phase, as battery storage continues to attract investor interest across European power markets.
About Tavion
Tavion is a Swedish energy company that develops, owns, and operates large-scale battery parks across Europe. The company provides grid flexibility to strengthen power networks and enable the continued build-out of renewable energy, positioning battery storage as critical infrastructure for a grid increasingly reliant on intermittent renewable generation.
Use of Funds
Tavion plans to use the capital to:
- Complete construction of three battery parks in Poland
- Accelerate the company’s development plan
- Enter the construction phase
