Teraloop
Company

Last deal

Amount

Convertible Note

Stage

03.09.2021

Date

2

all rounds

$2.69M

Total amount

date founded

Financing round

General

About Company
Teraloop is developing a grid-scale energy storage system.

Industry

Sector :

Subsector :

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Convertible Note

IPO status

Private

Description

The company's kinetic energy storage system uses a levitated rotor to store energy and scale power for medium to large-scale storage applications. Teraloop's innovative fusion of electromagnetic technologies converts electrical energy to stored kinetic energy, which can be harvested as required. By balancing the natural variation of supply and demand, Teraloop enables a fully renewable electricity generation system, reducing grid congestion and volatility problems.
Contacts

Social url

Similar Companies
998
Noon Energy

Noon Energy

Noon Energy develops flow battery technology for economical long-duration energy storage.

Sector

Alternative Energy

Subsector

Renewable Energy Equipment

Keywords

Energy, Renewable Energy, Battery

Location

Palo Alto, CA, USA

total rounds

4

total raised

$30.92M
Revterra

Revterra

Revterra is developing flywheel energy storage systems.

Sector

Alternative Energy

Subsector

Renewable Energy Equipment

Keywords

Energy, Solar

Location

Houston, TX, USA

total rounds

4

total raised

$6.24M
Energy Vault

Energy Vault

Energy Vault SA provides an innovative energy storage solution that is efficient to build and operate while being environmentally friendly.

Sector

Alternative Energy

Subsector

Renewable Energy Equipment

Location

Lugano, Switzerland

total rounds

9

total raised

$380M
EnerVault

EnerVault

EnerVault designs and manufactures energy storage systems for the modern electric grid.

Sector

Alternative Energy

Subsector

Renewable Energy Equipment

Location

Sunnyvale, CA, USA

total rounds

4

total raised

$26.3M

Financials

Funding Rounds
2
2

Number of Funding Rounds

$2.69M

Money Raised

Their latest funding was raised on 03.09.2021. Their latest investor Startupbootcamp Australia. Their latest round Convertible Note

Date 
Funding Round 
Investors 
Money Raised 
Lead 
03.09.2021
1
29.03.2019
1
$2.69M
Local Amount - EUR 2.4M
Horizon 2020

Horizon 2020

HorizonEU is the EU's research and innovation program.

Sector

Media

Subsector

Media Agencies

Keywords

Product Research, Market Research

Location

Brussels, Belgium

count Of Investments

206

count Of Exists

7
Co-Investors
Investors
2
1

Number of lead investors

2

Number of investors

Investor 
Lead 
Round 
Partners 
No
Convertible Note
Yes
Grant
Startupbootcamp Australia

Startupbootcamp Australia

Startupbootcamp is a global network of industry-focused accelerators that connects startups with relevant partners, investors and mentors.

Sector

General Industrials

Subsector

Diversified Industrials

Location

Dandenong Rd, Melbourne VIC, Australia

total rounds

2

total raised

$850K

count Of Investments

116

count Of Exists

1
Horizon 2020

Horizon 2020

HorizonEU is the EU's research and innovation program.

Sector

Media

Subsector

Media Agencies

Keywords

Product Research, Market Research

Location

Brussels, Belgium

count Of Investments

206

count Of Exists

7

People

Employee Profiles
3
Ted Ridgway Watt

Ted Ridgway Watt

Chief Development Officer

Cosimo Pulli

Cosimo Pulli

DirectorDirector

Philippe Pépin

Philippe Pépin

Chief Operating Officer

Activity

Recent News
0