Total raised
$114.6M
Last: PIPE 2025-12
Stage
Public
Founded
2012
Headcount
26
HQ
Yakum
Sector
Energy Tech
About
Augwind develops underground air compression, storage, and expansion technology for long-duration energy storage and efficient industrial compressed air systems. Their AirBattery solution provides a sustainable alternative to fossil fuel-based power plants by using air and water in a closed-loop system, enabling multiday energy storage to support the rise of renewables. For industrial use, Augwind’s compression technology offers an energy-efficient alternative to traditional air compressors, helping companies reduce energy costs and meet ESG goals.
Funding history · 4 rounds · $114.6M total
2025-12
PIPE
$15.7M
2021-12
PIPE
$19.2M
2020-04
PIPE
$30.0M
2013-01
Seed
$800K
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Management & Grid IntegrationClimate TechEnergy TransitionEco-Efficient Energy StorageEco-Efficient Transmission and DistributionIndustrial TechnologiesOperational Optimization Solutions
Technologies
ComponentsModularMaterials & SubstancesPolymers
Target customers
Energy, Utilities & Waste ManagementUtilitiesElectricityIndustrial ManufacturingDiscrete IndustriesAutomotiveProcess IndustriesPlasticsCementAgriculture & FoodLivestockDairy
Business model
B2GB2B
Highlights
Climate Tech1 PatentsVerified
Tags
alternative-storageenergyrenewable-energyindustry-4-0climate-techenergy-storagemanufacturing-facilitiesenergy-conversionelectric-utilitiesenergy-efficiencyenergytechalternative-energy