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ElevenEs Secures Funding from Caterpillar Venture Capital for 1GWh LFP Battery Factory in Serbia

STRATEGIC MINERALS

ElevenEs has completed its Series B investment round with backing from Caterpillar Venture Capital, Inc., and BST (HK) Ltd. The funds will support the construction of a 1GWh LFP Battery Cell Mega Factory in Serbia, set to begin in February 2026, with first battery cell deliveries expected in 2027. The factory aims to enhance European battery manufacturing and will employ over 350 people.

ElevenEs Secures Funding from Caterpillar Venture Capital for 1GWh LFP Battery Factory in Serbia

Feb 18, 2026, 6:00 AM

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