Last updated 2026-07-26
- Raised $1.1M grant, Feb 2024
- Raised $1M Undisclosed Round led by Doral Energy-Tech Ventures, Nov 2021
- Raised Reverse Merger, Feb 2021
Total raised
$2.1M
Last: Grant 2024-03
Stage
Public
Founded
2020
Headcount
30
HQ
Rehovot, Israel
Sector
Energy Tech
About
Storage Drop is an Israeli company specializing in Isothermal Compressed Air Energy Storage (I-CAES) and Long Duration Energy Storage (LDES) systems. The company develops products such as HyDrop for power generation, CoolDrop for cooling and air conditioning, and DropX for air compression, all based on hydraulic piston technology. Their systems are designed for high efficiency, extended life expectancy (30 years or more), and low maintenance costs. Storage Drop's solutions aim to bridge the gap between the availability of energy from natural resources and its consumption.
Funding history · 3 rounds · $2.1M total
2024-02
Grant
$1.1M
2021-11
Undisclosed Round
$1.0M
★ Doral Energy-Tech Ventures
2021-02
Reverse Merger
Undisclosed
Headcount over time
From 7 (2022-02) to 11 (2026-03) · +4 (+57%) · 6 points · source: Finder history + radar grounding
Q&A
- What is Storage Drop's primary focus?
- Storage Drop specializes in Isothermal Compressed Air Energy Storage (I-CAES) and Long Duration Energy Storage (LDES) systems, developing technologies for long-duration renewable energy storage.
- When was Storage Drop founded and where is it headquartered?
- Storage Drop was founded in 2020 and is headquartered in Rehovot, Israel.
- What is Storage Drop's current employee count?
- Storage Drop has 30 employees, falling within the 11-50 employee bucket.
- What was Storage Drop's most recent funding round?
- Storage Drop received a Grant in September 2024, raising $992,115.
- What was the amount of the grant Storage Drop received in March 2024?
- In March 2024, Storage Drop received a grant totaling $1,090,000.
- Who are the key members of Storage Drop's leadership team?
- Shay Cohen is the Founder and CEO. Gadi Eisenkot serves as Chairman, and Yona Fogel is the Vice Chairman.
- What are some of the products developed by Storage Drop?
- Storage Drop develops products such as HyDrop for power generation, CoolDrop for cooling and air conditioning, and DropX for air compression, all based on hydraulic piston technology.
Team · 4
Shay Cohen
Founder · Founder and CEO
Gadi Eisenkot
Chairman
Sectors & technology
Primary sector
Energy Tech
Target customers
Business model
B2B
Highlights
Climate TechPatents
Tags
clean-manufacturingalternative-storagehvacclimate-techenergytechenergy-efficiencyenergy-storagethermal-energyrenewable-energy
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | storagedrop.co.il/ |
|---|---|
| linkedin.com/company/71742315 |
Identifiers & details
| Legal name | Storage Drop Storage Technologies Ltd |
|---|---|
| Founded | 2020 |
| Employees (exact) | 30 |
Radar intelligence
Patents
| EPO | 5 |
|---|
Web history (Wayback)
| Domain | storagedrop.co.il |
|---|
Certificate / subdomain footprint
| Subdomains | 3 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 516297736 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2020-12-17 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2024 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | הורביץ אלי 19 רחובות |