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Caterpillar VC Invests in ElevenEs to Build 1 GWh LFP Cell Factory in Serbia
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Caterpillar VC Invests in ElevenEs to Build 1 GWh LFP Cell Factory in Serbia

Energy Storage News
Energy Storage News
•February 17, 2026
Energy Storage News
Energy Storage News•Feb 17, 2026
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Participants

ElevenEs

ElevenEs

investor

Deal Summary

Caterpillar’s venture capital arm announced an investment in Serbian battery startup ElevenEs, which is constructing a 1 GWh lithium‑iron‑phosphate cell factory in Serbia. The funding will support the company’s expansion in the energy storage market.

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