Storage Drop

Renewable Energy Storage Solutions

Energy Tech
Active
Public Rehovot Founded 2020
Total raised
$2.1M
Last: Undisclosed 2021-12
Stage
Public
Founded
2020
Headcount
9
HQ
Rehovot
Sector
Energy Tech

About

Storage Drop develops advanced technology for long-duration renewable energy storage, with a focus on storage solutions that bridge the gap between the availability of energy from natural resources and the time that it is used. The company’s cost-effective renewable energy storage systems are designed to maximize profitability for solar and wind producers and HVAC applications.

Storage Drop is developing an underground vessel created for high pressure and large volumes that will function as compressed-air energy storage for producing electricity in renewable energy installations such as photovoltaic fields, as well as HVAC thermal energy storage for supplying buildings with cooling and air conditioning.

Funding history · 1 round · $2.1M total

2021-12
Undisclosed $1.0M

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Energy TechEnergy Management & Grid IntegrationClimate TechClean Industry Tech Eco-Efficient ManufacturingEnergy TransitionEco-Efficient Energy Storage
Target customers
Industrial ManufacturingHybrid IndustriesFood & BeveragesMiningEnergy, Utilities & Waste ManagementRenewable Energy SystemsWaterWind
Business model
B2B

Highlights

1 Patents

Tags

clean-manufacturingalternative-storagehvacclimate-techenergytechenergy-efficiencyenergy-storagethermal-energy