Sorry I got the wrong company. I thought it was elf.to, which is an insurance holding company.
efl.to is a battery company in a type of start-up mode. Took a quick look at its financials. If government funding is taken out, it seems to be bleeding rather quickly on cash. It is not clear to me if it has unique advantages (like new medicine in bio) or other resources to support its on-going operations.
If you know its unique advantages (not subject to competition) or hidden monetary resources, it would be appreciated if you share the information.