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Energy Vault
About
Energy Vault offers a utility-scale, gravity-based storage solution for renewable energy.
- Lugano,Ticino,Switzerland
- 51 - 100
- https://energyvault.com/
Details
- Last Funding Type
- Post-IPO Equity
- Last Funding Money Raised
- $150M
- Industries
- Energy,Energy Management,Energy Storage,Renewable Energy
- Founded date
- Jan 1, 2017
- Number Of Employee
- 51 - 100
- Operating Status
- Active
- Stock Symbol
- nyse:NRGV
- Legal Name
- Energy Vault SA
- Also Known As
- Energy Vault SA
Energy Vault SA offers an energy storage technology utilizing fundamental principles of science to deliver a storage solution that's as compassionate to the planet as it is efficient to build and operate. The Energy Vault solution utilizes the same fundamentals of physics and kinetic energy as pumped hydro but replaces the water with custom made cylindrical blocks utilizing an extremely innovative use of low-cost materials.The system is modular and can be designed with a capacity of between 10 and 35MWh and a power output of up to 5MW. The system has been designed for a 30+ year life with no degradation in storage capacity.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Feb 14, 2022 | Post-IPO Equity | $150M | 7 | — | — | Detail |
| Feb 14, 2022 | IPO | $235M | — | — | — | Detail |
| Feb 4, 2022 | Funding Round | — | 1 | — | — | Detail |
| Aug 25, 2021 | Series C | $100M | 11 |
Prime Movers Lab
|
— | Detail |
| Jul 20, 2021 | Series Unknown | $20M | 1 |
Helena
|
— | Detail |
Investors
Employee Profiles
