Insights

Disaster-ready storage Azelio offers a 13-hour nominal power storage that enables dispatchable electricity and heat, with a scalable solution suitable for microgrids and off-grid applications. This positions them to target remote or unstable grids, as well as industrial facilities seeking reliable baseload without fossil fuels.

Small to mid-scale appeal Initial target market is 0.5–20 MW, with expansion to 100 kW–100 MW. This creates multiple entry points for sales teams to pursue diverse customer segments, from small microgrids and commercial complexes to mid-size industrial facilities in need of long-duration storage economics.

Cost-effective niche Azelio’s technology is positioned as cost-effective for smaller installations and lacks many sustainable alternatives in the 0.5–100 MW range, suggesting a competitive edge for selling against traditional storage and diesel-based solutions in developing markets and remote areas.

Strategic partnerships Past collaborations with Engazaat, Mascara Nouvelles Technologies, and Elum indicate a pattern of partnering to broaden deployment in Africa and with monitoring/control partners, providing channels for co-selling, project referrals, and integrated system offerings.

Market traction signals Recent asset sale activity and ongoing energy system development signals indicate potential restructuring and renewed focus, presenting an opportunity to engage on near-term procurement deals, asset repurposing, or collaboration on elongating the value chain in energy storage projects.

Azelio Tech Stack

Azelio uses 8 technology products and services including LinkedIn Ads, WinCross, Open Graph, and more. Explore Azelio's tech stack below.

  • LinkedIn Ads
    Advertising
  • WinCross
    Analytics
  • Open Graph
    Content Management System
  • WordPress
    Content Management System
  • jQuery
    Javascript Libraries
  • Microsoft
    Miscellaneous
  • Microsoft Office
    Office Suites
  • HSTS
    Security

Media & News

Azelio's Email Address Formats

Azelio uses at least 1 format(s):
Azelio Email FormatsExamplePercentage
First.Last@azelio.comJohn.Doe@azelio.com
92%
FirstLast@azelio.comJohnDoe@azelio.com
3%
Last@azelio.comDoe@azelio.com
3%
First.L@azelio.comJohn.D@azelio.com
2%

Frequently Asked Questions

What is Azelio's stock symbol?

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Azelio is a publicly traded company; the company's stock symbol is AZELIO.ST.

What is Azelio's official website and social media links?

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Azelio's official website is azelio.com and has social profiles on LinkedIn.

How much revenue does Azelio generate?

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As of July 2026, Azelio's annual revenue is estimated to be $1M - $10M.

What is Azelio's NAICS code?

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Azelio's NAICS code is 3359 - Other Electrical Equipment and Component Manufacturing.

How many employees does Azelio have currently?

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As of July 2026, Azelio has approximately 25 employees across 2 continents, including EuropeAsia. Key team members include System Owner Sw: M. K.Delivery Leader & Head Of Manufacturing: I. H.Business Development Director / Marketing Manager: M. M.. Explore Azelio's employee directory with LeadIQ.

What industry does Azelio belong to?

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Azelio operates in the Renewable Energy Equipment Manufacturing industry.

What technology does Azelio use?

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Azelio's tech stack includes LinkedIn AdsWinCrossOpen GraphWordPressjQueryMicrosoftMicrosoft OfficeHSTS.

What is Azelio's email format?

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Azelio's email format typically follows the pattern of First.Last@azelio.com. Find more Azelio email formats with LeadIQ.

How much funding has Azelio raised to date?

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As of July 2026, Azelio has raised $17M in funding. The last funding round occurred on Nov 07, 2018.

When was Azelio founded?

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Azelio was founded in 2008.
Azelio logo

Azelio

Renewable Energy Equipment ManufacturingVästra Götaland, Sweden11-50 Employees

Azelio is a Swedish producer in the renewable energy equipment sector that offers a thermal energy storage system intended to deliver dispatchable electricity and heat. The storage solution provides about 13 hours of output at nominal power and is scalable, with current applicability for smaller installations where cost efficiency is achievable. The initial target market spans roughly 0.5 to 20 MW, with plans to broaden to a range from 100 kW up to 100 MW to address a segment that lacks affordable, sustainable options today.

The technology supports microgrids, load shifting, distributed baseload, and off-grid solar deployments that require long-duration energy storage. The company is based in Gothenburg, Västra Götaland, and in October 2024 assets from its bankruptcy estate were sold to Texel Energy Storage AB.

Section iconCompany Overview

Website
azelio.com
Stock Symbol
AZELIO.ST
NAICS Code
3359 - Other Electrical Equipment and Component Manufacturing
Founded
2008
Employees
11-50

Section iconFunding & Financials

  • $17M

    Azelio has raised a total of $17M of funding over 3 rounds. Their latest funding round was raised on Nov 07, 2018as a series_unknown.

  • $1M - $10M

    Azelio's revenue is estimated to be in the range of $1M - $10M

Section iconFunding & Financials

  • $17M

    Azelio has raised a total of $17M of funding over 3 rounds. Their latest funding round was raised on Nov 07, 2018as a series_unknown.

  • $1M - $10M

    Azelio's revenue is estimated to be in the range of $1M - $10M

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