Company Overview
Snapshot
Founded in November 2014 by Itay Hasid, Batterfly Energy operated with 1–10 employees. The company was acquired in June 2016, marking a significant milestone in its trajectory.
Business overview
Batterfly Energy Ltd offers mobeego, a disposable, one-time-use battery solution for mobile devices, including smartphones, tablets, and action cameras. The product consists of a small adapter and recyclable "cans" that provide a quick recharge, supplying up to four hours of battery life. Operating within the Energy Tech sector, the company serves the consumer electronics market by providing convenient and fast energy solutions.
Strategic signal
In June 2016, Batterfly Energy Ltd. (Mobeego) signed a definitive agreement for its acquisition by Life Clips, Inc. This event signaled a strategic consolidation within the portable power solutions market, indicating the value placed on innovative, on-demand charging technologies for mobile consumers.
Company Intelligence Q&A
- What is Batterfly Energy's primary product?
- Batterfly Energy's primary product is mobeego, a disposable, one-time-use battery for mobile devices that provides quick recharges.
- When was Batterfly Energy founded?
- Batterfly Energy was founded in November 2014.
- Who is a co-founder of Batterfly Energy?
- Itay Hasid is a co-founder of Batterfly Energy.
- What was a significant corporate development for Batterfly Energy in 2016?
- In June 2016, Batterfly Energy Ltd. (Mobeego) signed a definitive agreement for its acquisition by Life Clips, Inc.
- When did Mobeego become available in Australia?
- In July 2016, Life Clips' Mobeego became available in Australia.