VoltStorage (Venture Debt Loan)

Funding Details
Awarder
SemiNews
Date Award
July 28, 2023
Vertical
Energy Storage
Funding URL
View Funding Page

Company Info
Founding Year
2016
Traction
VoltStorage plans to bring ISB technology to utility scale from 2025 onwards. Founded in 2016, the company aims to make renewable energy available around the clock using sustainable batteries.
Organizations Involved
European Investment Bank, European Commission, InnovFin Energy Demonstration Projects (EDP) Facility
Founders
Jakob Bitner
Company Description
VoltStorage GmbH develops and produces energy storage systems based on ecological redox flow technology. With its sustainable storage solutions, VoltStorage strives to achieve its vision of making 100% renewable energy available 24/7. With redox flow technology, VoltStorage is establishing a mass-market alternative to lithium-based storage technologies that does not require rare materials or conflict minerals, is fully recyclable, and also has high operational reliability and durability.
Market
Renewable Energy
Location
Munich, Bavaria, Germany
Coinvestors
European Investment Bank

Links
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