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

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

•Feb 17, 2026

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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