Xerotech
Xerotech was a Galway, Ireland-based developer of heavy-duty battery packs for electric vehicles serving construction and mining customers. The company entered voluntary liquidation in February 2025 following the constructive dismissal of founder and CEO Barry Flannery and is no longer operating.
- Company typePrivate
- Founded2019
- HeadquartersClaregalway, Ireland
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Xerotech does
Xerotech was a Galway, Ireland-based developer and manufacturer of heavy-duty battery packs for electric vehicles, with a vertical focus on construction and mining applications. The company built battery systems intended for industrial equipment such as heavy machinery, mining vehicles, and underground vehicles, addressing the electrification of equipment operating in demanding duty cycles. Core operations centered on the design and assembly of these packs; specific cell chemistry, pack architecture, thermal management approach, BMS specifications, and intellectual property were not disclosed in the available sources. Named SKUs, BOM contents, and product roadmap detail are absent from the input.
Xerotech generated revenue through direct hardware sales of heavy-duty battery packs to industrial customers, with two identified primary verticals: construction and mining. Pricing was not publicly disclosed, and no named customers, channel partners, or distribution arrangements were identified in the source material. The go-to-market approach appears to have been direct B2B sales into vertically specialized industrial accounts. The company was privately held, founded by Barry Flannery, and headquartered in Galway with stated plans to enter the US market.
The company raised approximately €44 million in disclosed funding during 2024. Despite this capitalization, the operational trajectory was negative: founder and CEO Barry Flannery was constructively dismissed in December 2024 after a Workplace Relations Commission finding, and in February 2025 Xerotech entered voluntary liquidation. The company's website is currently unreachable (invalid SSL certificate), consistent with ceased operations. Xerotech is no longer a going concern, and no successor entity, asset acquisition, or technology transfer was identified in the input data.
Xerotech firmographics
Firmographics- Name
- Xerotech
- Legal name
- Xerotech
- Website
- https://xerotech.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Closed
- Headcount range
- 101–250 employees
- Short description
- Xerotech was a Galway, Ireland-based developer of heavy-duty battery packs for electric vehicles serving construction and mining customers. The company entered voluntary liquidation in February 2025 following the constructive dismissal of founder and CEO Barry Flannery and is no longer operating.
- Ownership category
- akta.pro rank
Xerotech industry classification
Industry- Product category
- Heavy-Duty EV Battery Systems
- NAICS
- Battery Manufacturing (33591), Electrical Equipment Manufacturing (3353)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620)
- akta.pro primary industry
- Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB)
- akta.pro secondary industries
- Battery Pack Manufacturing & Module Assembly (EUAFABAI), Battery Pack & Module Manufacturing (EV) (IMACACAA), Truck & Commercial Vehicle Electrification Manufacturing (eAxles/Battery Packs/Fuel Cells) (IMACABAK)
Keywords
Where Xerotech is headquartered
LocationHeadquarters
- HQ city
- Claregalway
- HQ country
- Ireland
- HQ region
- Europe
Offices1 record
Markets served
Xerotech business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Battery Pack Sales: Sale of heavy-duty electric vehicle battery packs to industrial customers
Xerotech product offering
Product offeringCore offering
Xerotech designed and manufactured heavy-duty battery packs for electric vehicles, targeting industrial applications in the construction and mining sectors. The company's battery systems were intended to enable electrification of heavy machinery and underground mining equipment. Xerotech operated from Galway, Ireland and had plans to expand into the United States market before entering voluntary liquidation in February 2025.
Product overview
Xerotech is a Galway-based company that builds heavy-duty battery packs for electric vehicles, primarily serving industries such as construction and mining. The company raised €44 million in Ireland and planned to expand operations to the US. However, the company entered voluntary liquidation in February 2025. No specific named products, modules, or product architecture details are available in the source material.
Differentiator
Problem solved
Functional benefit
Products and services
- Heavy-Duty Electric Vehicle Battery Packs
Companies that use Xerotech
Customer profileSegments2 records
Ideal customer profiles2 records
Xerotech technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Xerotech partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights4 records
Xerotech competitors and assessment
Company assessmentDirect peers
- Volta Trucks: European heavy-duty commercial vehicle electrification specialist that designs and integrates battery packs for trucks. Directly comparable to Xerotech in targeting heavy-duty industrial/commercial EV battery applications.
- Proterra: US-based manufacturer of battery packs and electric drivetrains for heavy-duty commercial vehicles including transit buses, trucks, and construction equipment. Closely comparable to Xerotech in product form factor and target verticals.
- Forsee Power: French battery systems integrator focused on heavy-duty electric mobility including construction, mining, and rail applications. Comparable in building modular battery packs for industrial electrification use cases.
- Akasol (BorgWarner): German battery system manufacturer (now part of BorgWarner) specializing in high-energy battery packs for commercial vehicles, buses, and off-highway industrial machinery. Direct competitor in heavy-duty pack assembly.
- Leclanché: Swiss battery systems provider producing lithium-ion packs for heavy-duty transportation, industrial, and marine applications. Comparable in vertical integration of pack assembly for demanding duty cycles.
- Microvast: Vertically integrated manufacturer of battery cells and packs for commercial and specialty vehicles, including mining and material handling. Comparable in targeting heavy-duty and off-road EV applications.
Emerging players
- Northvolt: European battery developer building gigafactories with a focus on industrial and heavy-transportation applications. Comparable as a European-headquartered battery entrant pursuing industrial electrification at scale.
- Custom Cells: German specialist battery cell and pack manufacturer focused on niche, high-performance applications including heavy-duty and specialty mobility. Comparable as a smaller European specialist in custom battery pack assembly.
Broad incumbents
- Saft (TotalEnergies): Established French industrial battery manufacturer (owned by TotalEnergies) serving heavy industry, rail, and mobility markets. Comparable as an incumbent battery pack supplier to industrial OEMs.
- Webasto: German automotive supplier that has expanded into commercial-vehicle battery systems for trucks and off-highway applications. Comparable as a Tier-1 system integrator moving into heavy-duty EV batteries.
Market position
Strengths2 records
Weaknesses3 records
Competitive moat2 records
Key risks4 records
Key highlights4 records
Customer concentration
Xerotech social profiles
Digital presenceXerotech financial estimates
Financial estimateRevenue estimate
Valuation estimate
Xerotech leadership team
Management profileNumber of profiles
Profiles1 record
Xerotech funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Xerotech M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Xerotech
What does Xerotech do?
Xerotech designed and manufactured heavy-duty battery packs for electric vehicles, targeting industrial applications in the construction and mining sectors. The company's battery systems were intended to enable electrification of heavy machinery and underground mining equipment. Xerotech operated from Galway, Ireland and had plans to expand into the United States market before entering voluntary liquidation in February 2025.
Is Xerotech a public or private company?
Xerotech is a private company. It is classified as venture growth investor backed and is currently closed.
When was Xerotech founded?
Xerotech was founded in 2019. It employs 101 to 250 people.
Where is Xerotech based?
Xerotech is headquartered in Claregalway, Ireland, in the Europe region.
How does Xerotech make money?
One revenue line is on record: battery Pack Sales.
Who are Xerotech's main competitors?
Direct peers on record are Volta Trucks, Proterra, Forsee Power, Akasol (BorgWarner), Leclanché and Microvast. Emerging players are Northvolt and Custom Cells. Broad incumbents are Saft (TotalEnergies) and Webasto.
Does Xerotech have an API?
No public API is recorded for Xerotech.
What industry is Xerotech in?
Xerotech's product category is Heavy-Duty EV Battery Systems. Its primary akta.pro industry code is IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly), with a secondary code of EUAFABAI, Battery Pack Manufacturing & Module Assembly. Its NAICS code is 33591 and its SIC code is 3600.