On this week’s episode of Profit Meets Purpose, we are joined by Matthew Journey, CEO of Levistor.
He shares how a capital-light scaling model and breakthrough “shatterproof” flywheel technology could reshape the future of energy storage.
“Energy storage is one of the cornerstone technologies we need for electrification. The difference between when we generate power and when we use it is now becoming critical and you have to make up that difference with storage,” explains Matthew.
Levistor, founded in 2021, has already demonstrated its flywheel technology with National Highways and is now raising a seed round to move into commercial expansion. Unlike lithium-ion batteries, which wear out after around 1,000 charge cycles, Levistor’s flywheels can achieve more than a million cycles making them well suited to high-intensity applications such as EV charging, rail, and data centers.
From modular design to a “recipe-based” manufacturing approach, Levistor’s strategy avoids the burden of building factories, focusing instead on mass production to bring the cost down.
Matthew emphasises the magnitude of the shift to electrification. “We have built our entire civilisational energy infrastructure on fossil fuels. And now we have to change it to electricity in 10 years. The size of that problem is enormous.”
If Levistor can mass-produce flywheels at scale, it could become a defining player in the transition to net zero.
This episode is sponsored by Sustainable Wealth Group.
Levistor Website: https://levistor.com/
Sustainable Wealth Group: https://sustainablewealthgroup.com/
Sustainable Times: https://www.sustainabletimes.co.uk/
Contact: daisy.moll@sustainabletimes.co.uk
