Total Funding
76
77
Total FundingPost-IPO Debt raised
Growth Score
-20 pts
Heat Score
-9 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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1050
Energy Vault offers a utility-scale, gravity-based storage solution for renewable energy.
Larry Paulson: Chief Executive Officer and FounderPast Role: Qualcomm, VP Product Management- Qualcomm Device Reference Designs (QRD)- Reinhard Sander: Vice President Of EngineeringPast Role: Goldwind Americas, Vice President, Engineering and Technology
About the Company
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.
