Energy Storage News
17 February 2026
Caterpillar VC backs startup ElevenEs as it builds 1GWh LFP cell factory in Serbia
Why It Matters for ITAD
Market movements like this can signal shifts in demand for ITAD services. New technologies may create opportunities or challenges for equipment processing.
The venture capital (VC) arm of Caterpillar has invested in ElevenEs, a startup building a gigawatt-hour-scale lithium iron phosphate (LFP) cell factory in Europe.
Key Takeaways
- • Caterpillar VC backs startup ElevenEs as it builds 1GWh LFP cell factory in Serbia.
