Rebaba AB closes USD 4.6 million financing round

Swedish energy technology company Rebaba AB (“Rebaba”) has completed a USD 4.6 million financing round.

The financing round was led by Sistafund, alongside EIT Urban Mobility, with participation from existing shareholders and new European investors.

Rebaba delivers circular battery energy storage systems for EV charging infrastructure, residential and commercial buildings, and industry. By combining upcycled electric vehicle batteries with proprietary European control systems, Rebaba helps customers cut energy costs, avoid grid bottlenecks and strengthen operational resilience.

Rebaba was advised by Mannheimer Swartling in the transaction. The firm’s team primarily consisted of Maria Holme, Victoria Hedell and Joar Mally.