Batterfly Energy

Recyclable One-time Battery for Mobile Devices

Energy Tech
Acquired (Inactive) by null on Jun 2016 - closed due to acquisition
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Company Overview

Snapshot

Founded in November 2014 by Itay Hasid, Batterfly Energy operates with 1–10 employees. The company was acquired in June 2016, marking a significant milestone in its corporate trajectory.

Business overview

Batterfly Energy Ltd offers mobeego, a disposable, one-time-use battery solution for mobile devices, tablets, and action cameras. The core product consists of a small adapter and recyclable "cans" that provide a quick recharge, supplying up to four hours of battery life with a charging time estimated at less than an hour. The company operates within the Energy Tech sector, specifically targeting the Consumer Electronics market with its portable power solutions.

Strategic signal

In June 2016, Batterfly Energy was acquired by Life Clips, Inc. This acquisition signaled a strategic move for Life Clips to integrate Batterfly Energy's mobeego product into its offerings, aiming to expand its market reach in portable power solutions. For investors, this demonstrated the market's interest in innovative, on-demand power solutions for mobile devices.

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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, tablets, and action cameras. It consists of an adapter and recyclable cans that provide a quick recharge.
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 event for Batterfly Energy in 2016?
In June 2016, Batterfly Energy was acquired by Life Clips, Inc. This followed a binding Letter of Intent signed in May 2016.
In which sector does Batterfly Energy primarily operate?
Batterfly Energy primarily operates in the Energy Tech sector, focusing on consumer electronics.
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