# Harju Elekter Group

> Harju Elekter Group is a VC fund in Keila backing Energy, Battery and Automotive. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Keila, Estonia
- Total investments: 3
- Last investment: Jun 2021
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/harju-elekter-elektrotehnika-as
- Website: http://www.harjuelekter.ee/en

Harju Elekter Group is a VC fund in Keila focused on Energy and Battery. Harju Elekter has been manufacturing electrical equipment since 1968. The operation of the Harju Elekter Group can be divided into two business segments – firstly production and secondly real estate and all other activities. The Parent company AS Harju Elekter include the coordination of the co-operation within the Group, management of subsidiariesand related companies through their supervisory and management boards, management of finances and investments of the Group and management of development and expansion activities. The parent company is also responsible for administrative and lease arrangements of production premises and for the professional operation of the corporate stores of Harju Elekter. There is a small commerce group with a number of electrical appliances stores which also include in Harju Elekter.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 1 | 33% |
| Battery | 1 | 33% |
| Automotive | 1 | 33% |
| Data Center | 1 | 33% |
| Manufacturing | 1 | 33% |

6 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series C | 1 | 33% |
| Series D | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Skeleton Technologies | Skeleton Technologies is a manufacturer and developer of high-energy and high-power-density ultracapacitors based on patented curved graphene material. The company delivers high-power and high-energy storage solutions across the industry.The company's ultracapacitors deliver twice the energy density and four times the power density offeredby other manufacturers. The company's current customer base includes engineering companies, the European Space Agency, and several Tier 1 automotive manufacturers. | $34.4M | Series D | Jun 30, 2021 | http://www.skeletontech.com/ |
| Skeleton Technologies | Skeleton Technologies is a manufacturer and developer of high-energy and high-power-density ultracapacitors based on patented curved graphene material. The company delivers high-power and high-energy storage solutions across the industry.The company's ultracapacitors deliver twice the energy density and four times the power density offeredby other manufacturers. The company's current customer base includes engineering companies, the European Space Agency, and several Tier 1 automotive manufacturers. | $48.6M | Series D | Nov 03, 2020 | http://www.skeletontech.com/ |
| Skeleton Technologies | Skeleton Technologies is a manufacturer and developer of high-energy and high-power-density ultracapacitors based on patented curved graphene material. The company delivers high-power and high-energy storage solutions across the industry.The company's ultracapacitors deliver twice the energy density and four times the power density offeredby other manufacturers. The company's current customer base includes engineering companies, the European Space Agency, and several Tier 1 automotive manufacturers. | $14.3M | Series C | Aug 03, 2016 | http://www.skeletontech.com/ |

3 of 3 investments shown.

## Co-investors
- [FIRSTFLOOR CAPITAL](https://shizune.co/investors/profile/firstfloor-capital-sdn-bhd) — VC Fund, 2 deals together
- MM Grupp — VC Fund, 2 deals together
- Adyen — VC Fund, 1 deal together
- [EIT InnoEnergy](https://shizune.co/investors/profile/kic-innoenergy) — VC Fund, 1 deal together
- [Marubeni](https://shizune.co/investors/profile/marubeni-corporation) — VC Fund, 1 deal together
- Skeleton Technologies — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Sequoia Capital](https://shizune.co/investors/profile/sequoia-capital) — VC Fund
- [New Enterprise Associates](https://shizune.co/investors/profile/new-enterprise-associates) — VC Fund
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund

## FAQ

### What does Harju Elekter Group invest in?

Harju Elekter Group invests primarily in Energy, Battery and Automotive startups, most often at Series C and Series D stage. Most of the 3 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Harju Elekter Group last invest?

The most recent investment recorded for Harju Elekter Group closed in Jun 2021. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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