How much funding has VoltStorage raised?

VoltStorage has raised $31.3M in total funding, most recently a Series C round.

Who are VoltStorage's investors?

VoltStorage's investors include European Investment Bank, Cummins.

When was VoltStorage founded?

VoltStorage was founded in 2016.

Where is VoltStorage headquartered?

VoltStorage is headquartered in Munich, Germany.

How many employees does VoltStorage have?

VoltStorage has 51-200 employees.

VoltStorage

Next Generation Batteries for a Cleaner World

Munich, Germany · Founded 2016 · $31.3M raised

Headquarters: Munich
Employees: 51–200
Founded: 2016
Business Model: B2B

Website: voltstorage.com
Total Funding: $31.3M
Last Round: $24.4M Series CJul 2022
Rounds: 4

About

VoltStorage was a Munich-based developer of next-generation stationary flow batteries, pioneering iron salt redox flow technology for long-duration storage of renewable energy. Founded in 2016, the company developed cost-efficient and resource-saving battery storage solutions to make solar and wind power available around the clock. Its iron salt battery targeted utility-scale and distributed energy storage applications as a sustainable alternative to lithium-ion. The company raised over €66 million before shutting down in 2025, with its IP and assets acquired by US-based ESS Inc.

Summary

VoltStorage is a company based in Munich, Germany, founded in 2016. It has raised $31.3M in total across 4 rounds, most recently a $24.4M Series C round in Jul 2022. Investors include European Investment Bank and Cummins.