Last updated 2026-06-18
- Raised $1.1M grant, Mar 2024
- Raised $1M funding round led by Doral Energy-Tech Ventures, Dec 2021
Total raised
$2.1M
Last: Grant 2024-03
Stage
Public
Founded
2020
Headcount
9
HQ
Rehovot, Israel
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 · 2 rounds · $2.1M total
2024-03
Grant
$1.1M
2021-12
Q&A
- What is Storage Drop's primary focus?
- Storage Drop develops advanced technology for long-duration renewable energy storage, specifically focusing on solutions that bridge the gap between energy availability from natural resources and its usage time.
- What type of energy storage system is Storage Drop developing?
- Storage Drop is developing an underground vessel for high-pressure, large-volume compressed-air energy storage for electricity production in renewable energy installations and HVAC thermal energy storage for building cooling and air conditioning.
- When was Storage Drop founded?
- Storage Drop was founded in December 2020.
- What is Storage Drop's employee count?
- Storage Drop has 1-10 employees.
- What is Storage Drop's primary sector?
- Storage Drop's primary sector is Energy Tech.
- Who is the Founder and CEO of Storage Drop?
- Shay Cohen is the Founder & CEO of Storage Drop.
- What was Storage Drop's most recent funding event?
- In March 2024, Storage Drop received a grant of $1,090,000 from Horizon Europe.
- Which investor participated in Storage Drop's December 2021 funding round?
- In December 2021, Doral Energy-Tech Ventures invested in Storage Drop.
Team · 1
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
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | storagedrop.co.il/ |
|---|---|
| linkedin.com/company/71742315 |
Identifiers & details
| Founded | 2020-12 |
|---|---|
| Employees (exact) | 9 |
| Offices | Netanya |
| Market cap | $663K |
| Status reason | Public on TASE on Mar, 2021 |
Radar intelligence
Patents
| EPO | 5 |
|---|
Web history (Wayback)
| Domain | storagedrop.co.il |
|---|
Certificate / subdomain footprint
| Subdomains | 3 |
|---|