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The energy storage sector is attracting significant investment across the globe. Companies are developing solutions for everything from residential power to large scale grid projects.
For example, Arevon has raised $3.5 billion for its solar and storage projects. Meanwhile, Group14 Technologies is advancing battery materials with $1.2 billion in funding.
Below is our list of 80 Energy Storage startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
Buy It For $97 $297 →Information about the industries, countries, and cities they generally invest in.
Get the Sheet for $50Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.
Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Tether builds an AI platform that turns parked electric vehicles into a massive, distributed battery. Their technology helps balance the energy grid by intelligently managing when EVs charge and discharge power.
Base Power pairs residential backup battery systems with its own electricity plans to keep homes running during power outages. This model positions them as a modern energy provider, offering a more reliable and affordable alternative to traditional utilities.
Unbound Potential develops large-scale energy storage systems for various applications. Their work focuses on providing efficient and scalable battery technology to support the transition to renewable energy.
Koolboks develops solar-powered freezers and refrigerators designed to offer continuous cooling. Their technology provides a critical solution for preserving perishable goods like food and medicine in areas with unreliable electricity.
Group14 Technologies creates advanced silicon battery technology for applications ranging from electric vehicles to consumer electronics. Their signature silicon-carbon composite, SCC55™, is designed to replace conventional graphite anodes in lithium-ion batteries for significantly higher energy density and faster charging.
BLUETTI builds a range of clean energy storage products, from portable power stations to residential battery backup systems. Their technology provides reliable power for off-grid living, outdoor activities, and emergency home use.
XL Batteries builds organic flow batteries designed for large-scale energy storage on the power grid. Their technology aims to significantly reduce costs, making renewable energy sources like wind and solar more reliable and widespread.
Pure Lithium manufactures a new generation of lithium metal batteries designed to be clean, sustainable, and cost-effective. Their technology provides a powerful rechargeable battery solution for the renewable energy and industrial manufacturing sectors.
Arevon develops, builds, and operates large-scale solar and energy storage projects across the United States. They partner with utilities, businesses, and communities to deliver clean, reliable power from renewable sources.
Verlume develops intelligent energy management and storage technologies for the offshore energy industry. Their flagship subsea battery system, Halo, provides a reliable, clean power source for decarbonizing underwater operations.
Our top ten picks are just the beginning of the story. Many more companies are tackling the challenge of energy storage, from recent startups to established players.
Together, they have raised tens of billions of dollars for their work. Here is a broader look at the companies pushing the industry forward.
| Startup | Main Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Energy | 1981 | $1B | Debt Financing | |
| Hardware | 2021 | $157M | Debt Financing | |
| Hardware | 2012 | $352.6M | Venture Round | |
| Energy | 2004 | $15.4B | Debt Financing | |
| Mobility | 2018 | $130M | Venture Round | |
| Manufacturing | 2009 | $130.1M | Venture Round | |
| Hardware | 2018 | $124.9M | Series C | |
| Energy | 2021 | $151.7M | Debt Financing | |
| Hardware | 2017 | $1.6B | Debt Financing | |
| Manufacturing | 2015 | $1.8B | Secondary Market | |
| Hardware | 2010 | $184.8M | Series H | |
| Energy | 2010 | $2.3B | Debt Financing | |
| Hardware | 2021 | $29.1M | Series B | |
| Mobility | 2014 | $326.9M | Grant | |
| Energy | 2009 | $7M | Grant | |
| Mobility | 2021 | $652.5M | Venture Round | |
| Hardware | 2009 | $357.5M | Debt Financing | |
| Retail | 2017 | $38.1M | Series A | |
| Hardware | 1999 | $162.2M | Debt Financing | |
| Mobility | 2019 | $2.7M | Seed | |
| Hardware | 2021 | A$1.2B | Debt Financing | |
| Energy | 2020 | $17.4M | Seed | |
| Energy | 2014 | $2B | Private Equity | |
| Energy | 2016 | $1.6B | Debt Financing | |
| Hardware | 2016 | $10.6M | Series A | |
| AI | 2023 | $90M | Debt Financing | |
| Manufacturing | 2019 | CN¥6.5B | Private Equity | |
| Hardware | 2018 | $136M | Private Equity | |
| Hardware | 2010 | $360M | Debt Financing | |
| Mobility | 2007 | $1.4B | Grant | |
| Hardware | 2010 | $169.2M | Series E | |
| Mobility | 2017 | $29M | Series A | |
| Mobility | 2019 | $26.9M | Series B | |
| Hardware | 2016 | $68.8M | Debt Financing | |
| Mobility | 2018 | $69.8M | Series B | |
| Energy | 2016 | $2.7B | Debt Financing | |
| Hardware | 2022 | $97M | Venture Round | |
| Energy | 2012 | $73.2M | Series A | |
| Hardware | 2017 | $32M | Series B | |
| Energy | 2021 | $12.5M | Grant | |
| Energy | 2018 | $15M | Series A | |
| Hardware | 2024 | $2.6M | Seed | |
| Environment | 2017 | €15.7M | Series A | |
| Energy | 1984 | €480M | Private Equity | |
| Manufacturing | 2022 | €2M | Pre-Seed | |
| Energy | 2014 | €6.7M | Venture Round | |
| Mobility | 2012 | $37M | Series B | |
| Energy | — | €472.8k | Pre-Seed | |
| Energy | 2019 | $15M | Private Equity | |
| Hardware | 2022 | $3M | Series A | |
| Mobility | 2021 | $5.5M | Seed | |
| Energy | 2020 | $20M | Venture Round | |
| Energy | 2019 | CN¥2B | Debt Financing | |
| Energy | 2023 | $717.1k | Undisclosed | |
| Energy | 2020 | CN¥5B | Venture Round | |
| Energy | 2017 | $1.1M | Debt Financing | |
| Energy | 2006 | $10.6M | Seed | |
| Hardware | 1994 | €275M | Debt Financing | |
| Environment | 2023 | NOK31M | Seed | |
| Energy | 2014 | $1.6M | Venture Round | |
| Energy | 2014 | €2.4M | Convertible Note | |
| Hardware | 2006 | €7.9M | Debt Financing | |
| Energy | 2019 | €600k | Venture Round | |
| Energy | 2020 | CN¥100M | Series A | |
| Energy | 2016 | €1.4M | Venture Round | |
| Enterprise | 2021 | £374k | Equity Crowdfunding | |
| AI | 2018 | €16M | Venture Round | |
| Mobility | 2019 | $250k | Pre-Seed | |
| Energy | 1898 | — | — | |
| Energy | 1901 | — | — |
