Last deal

Amount

Grant

Stage

01.12.2017

Date

3

all rounds

date founded

Financing round

General

About Company
Adaptive Balancing Power offers an innovative energy storage device for dynamic network stabilization.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2016

Number of employees

Company Type

For Profit

Last funding type

Grant

IPO status

Private

Description

The company, Adaptive Balancing Power, develops and sells a flywheel energy storage system that stabilizes power grids, allowing conventional power plants to be switched off and guaranteeing supply security. The system is suitable for high power applications, including frequency control for grid and microgrid stability, fast charging of heavy electric vehicles, and recuperation of braking energy in the rail sector. The technology enables an economically feasible energy transition, increases energy efficiency, and reduces carbon emissions.
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Number of Funding Rounds

Their latest funding was raised on 01.12.2017. Their latest investor Agile Accelerator. Their latest round Grant

Date 
Funding Round 
Investors 
Money Raised 
Lead 
01.12.2017
1
31.10.2016
01.09.2016
1
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Subsector

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People

Founders
1
Hendrik Schaede
Hendrik Schaede

Hendrik Schaede

current job

Adaptive Balancing Power
Adaptive Balancing Power

organization founded

1

Hendrik Schaede

Employee Profiles
4
Christian Schaefer

Christian Schaefer

Co-Founder, Controlling & Sales

Nicolai Meder

Nicolai Meder

Co-Founder

Hendrik Schaede

Hendrik Schaede

Co-Founder & CEO

Sebastian Golisch

Sebastian Golisch

Co-Founder & CEO

Activity

Recent News
0