EnerVault
Sunnyvale, United States · Founded 2008 · $24.5M raised
- Headquarters
- Sunnyvale, California
- Founded
- 2008
- Business Model
- B2B
- Total Funding
- $24.5M
- Last Round
- $15.5M Series BFeb 2012
- Rounds
- 2
About
EnerVault Corporation was a Sunnyvale, California-based clean energy company founded in 2008 that developed iron-chromium redox flow battery technology for large-scale, grid-connected energy storage. The company's systems targeted commercial, industrial, and utility applications, offering a cost-effective and safe alternative to lithium-ion at multi-hundred kilowatt to megawatt scales. EnerVault deployed the world's largest iron-chromium flow battery (250 kW / 1 MWh) at a California agricultural site before financial difficulties led the company to seek new ownership circa 2015. The company appears to have ceased operations and is considered defunct.
Summary
EnerVault is a Clean Energy company based in Sunnyvale, United States, founded in 2008. It has raised $24.5M in total across 2 rounds, most recently a $15.5M Series B round in Feb 2012. Investors include Mitsui & Co, Total Energy Ventures and Oceanshore Ventures.
Funding History
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Feb 2012
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Series A through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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