Total raised
$400K
Last: Seed 2016-06
Stage
Seed
Founded
2015
Headcount
6
HQ
Kfar Vradim
Sector
Energy Tech
About
NRG Spring has developed a proprietary technology that provides a storage system for a variety of applications, ranging from short-term grid stabilizers to long-term bulk energy storage to portable battery replacement. The companys system can store any type of energy in hydraulic batteries (accumulators). The energy is first converted into kinetic rotational energy which operates a hydraulic pump that stores the energy as pressurized oil. On demand, a managed release mechanism discharges the pressurized oil into an hydraulic motor that is connected to a generator, releasing the energy as electrical current.
Funding history · 1 round · $400K total
2016-06
Seed
$400K
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is NRG Spring's core technology?
- NRG Spring has developed a proprietary technology that provides an energy storage system using hydraulic batteries (accumulators). This system converts energy into kinetic rotational energy to operate a hydraulic pump, storing energy as pressurized oil. Upon demand, a managed release mechanism discharges the pressurized oil into a hydraulic motor connected to a generator, releasing electrical current.
- When was NRG Spring founded?
- NRG Spring was founded in May 2015.
- Where is NRG Spring headquartered?
- NRG Spring is headquartered in Kfar Vradim, North District, Israel.
- What is NRG Spring's current employee count?
- NRG Spring currently has 6 employees.
- What was NRG Spring's last funding round?
- NRG Spring completed a Seed funding round in June 2016, raising $400,000. For full financing history, refer to startupim.
- Who are the founders of NRG Spring?
- The founders of NRG Spring are Avri Misgav, Yony Weiss, and Avi Bauer.
- What markets does NRG Spring target geographically?
- NRG Spring targets the Americas, Europe, Africa, and Asia geographic markets.
- What are the primary applications for NRG Spring's storage system?
- NRG Spring's storage system is designed for a variety of applications, including short-term grid stabilizers, long-term bulk energy storage, and portable battery replacement.
Sectors & technology
Primary sector
Energy Tech
Sub-sectors
Climate TechEnergy TransitionEco-Efficient Energy StorageEnergy TechEnergy Management & Grid IntegrationEnergy Production & Sources
Target customers
Industrial ManufacturingDiscrete IndustriesAutomotiveEnergy, Utilities & Waste ManagementRenewable Energy Systems
Business model
B2B
Highlights
1 Patents
Tags
climate-techenergybatteriesautomotiverenewable-energyenergy-storage