Fundraising Fox

Blue Line Battery

Beloit, US · Founded 2017 · Wisconsin corporation · 2 known investors

Blue Line Battery designs and manufactures lithium-ion power systems for forklifts and industrial material-handling equipment, offering an alternative to traditional lead-acid batteries. The U.S.-based company also builds custom lithium-ion solutions for unique industrial power needs.

Founders & leadership

DH
Dustin HerteinExecutive
PFPhil Fonfara
Phil FonfarainPresident2022–2025
JL
John LapotaNamed on SEC filing
LW
Lukas WalterNamed on SEC filing

Board

RG
Rob GerbitzBoard director
LT
Larry TreanklerBoard director
SH
Shannon HerbstBoard director
MK
Mark KoziolBoard director

Investors · 2

Reported raises · per SEC filings

Form D private placements

$8.4M disclosed across 3 rounds · 2020–2024

$2.6MraisedJan 2025 · 12 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Rob GerbitzDirector
  • Larry TreanklerDirector
  • Shannon HerbstDirector
  • Dustin HerteExecutive Officer, Director
  • Mark KoziolDirector
  • Phil FonfaraExecutive Officer, Director
Offering amount
$3.1M
Amount sold
$2.6M
First sale
Oct 2024
Incorporated
Corporation, Wisconsin
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4.3MraisedMay 2022 · 23 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Rob GerbitzDirector
  • Dustin HerteExecutive Officer, Director
  • John LapotaExecutive Officer, Director
  • Phil FonfaraExecutive Officer, Director
Offering amount
$4.8M
Amount sold
$4.3M
First sale
Nov 2021
Incorporated
Corporation, Wisconsin, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.5MraisedApr 2021 · 9 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • John LapotaExecutive Officer, Director
  • Dustin HerteExecutive Officer, Director, Promoter
  • Rob GerbitzDirector
  • Lukas WalterExecutive Officer, Director
Offering amount
$1.5M
Amount sold
$1.5M
First sale
Mar 2020
Incorporated
Corporation, Wisconsin, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap

Companies competing with Blue Line Battery for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Blue Line Battery do?
Blue Line Battery designs and manufactures lithium-ion power systems for forklifts and industrial material-handling equipment, offering an alternative to traditional lead-acid batteries. The U.S.-based company also builds custom lithium-ion solutions for unique industrial power needs.
Who are Blue Line Battery's investors?
Blue Line Battery's investors include Tundra Angels, Milwaukee Venture Partners.
How much funding has Blue Line Battery raised?
Blue Line Battery has disclosed $8.4M raised across 3 rounds.
Where is Blue Line Battery headquartered?
Blue Line Battery is headquartered in Beloit, US.