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Halide Energy, a Finnish startup, has secured the first close of an investment round led by BSV Ventures with participation from LAB7, Aramco's venture building arm. This partnership focuses on developing innovative redox flow battery technology for grid-scale applications to enhance renewable energy adoption.

Halide Energy's copper redox flow battery systems aim to provide long-duration energy storage solutions essential for grid stability, leveraging low-cost copper and aqueous electrolytes. The collaboration seeks to create scalable products for market launch and support Halide Energy's growth, aligning with LAB7's mission to advance transformative technologies for the energy transition.