Total Funding
21
72
Total FundingSeed raised
Growth Score 21 in past quarter
-2 pts
Heat Score 72 in past quarter
-4 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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43645
Oil wells that end well.
About the Company
Renewell converts idle oil and gas wells that need to be plugged into gravity-based, flexible energy storage by lowering a weight (connected via wire rope to a regenerative winch) down a repurposed wellbore to push electricity onto the grid when demand is high and raising it back up when demand is low. Renewell is based in Bakersfield, CA.