Energy VaultEnergy Vault
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Energy Vault

Revolutionizing grid-scale energy storage with sustainable, mechanical solutions.

2017Active200

About

Energy Vault is a global leader in grid-scale energy storage solutions. The company has developed a proprietary mechanical energy storage system that utilizes gravity and sustainable materials to store and discharge electricity. Their innovative approach aims to provide a cost-effective and environmentally friendly alternative to traditional battery storage, supporting the integration of renewable energy sources and enhancing grid stability.

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Frequently asked

What does Energy Vault do?

Energy Vault is a global leader in grid-scale energy storage solutions. The company has developed a proprietary mechanical energy storage system that utilizes gravity and sustainable materials to store and discharge electricity. Their innovative approach aims to provide a cost-effective and environmentally friendly alternative to traditional battery storage, supporting the integration of renewable energy sources and enhancing grid stability.

How much funding has Energy Vault raised?

Energy Vault has raised a total of $710M in funding. The most recent round on record is Convertible Note Offering.

Where is Energy Vault headquartered?

Energy Vault is headquartered in Lugano, Ticino, Switzerland.

When was Energy Vault founded?

Energy Vault was founded in 2017.

What industry does Energy Vault operate in?

Energy Vault operates in Energy Storage, Renewable Energy, Cleantech, Hardware.

How many employees does Energy Vault have?

Energy Vault has approximately 200 people on record.