EnerVenue

company

About

EnerVenue provides metal-hydrogen batteries for large-scale renewable and storage applications.

Details

Last Funding Type
Seed
Last Funding Money Raised
$12M
Industries
Energy,Renewable Energy
Founded date
Jan 1, 2020
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
EnerVenue Inc.

EnerVenue provides metal-hydrogen batteries for large-scale renewable and storage applications. In order to support a buildout of renewable energy, which tends to over-generate electricity at certain times of day and under-generate at others, the grid is going to need a lot of batteries. While lithium-ion works fine for consumer electronics and even electric vehicles, battery startup EnerVenue says it developed a breakthrough technology to revolutionize stationary energy storage.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$112M
EnerVenue has raised a total of $112M in funding over 2 rounds. Their latest funding was raised on Sep 15, 2021 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 15, 2021 Series A $100M 2 Schlumberger Limited Detail
Aug 27, 2020 Seed $12M 2 Peter Lee Detail

Investors

Number of Lead Investors
Number of Investors
2
4
EnerVenue is funded by 4 investors. Schlumberger Limited and Peter Lee are the most recent investors.
Investor Name Lead Investor Funding Round
Schlumberger Limited Yes Series A
Peter Lee Yes Seed
Saudi Aramco Energy Ventures Series A
Doug Kimmelman Seed

Employee Profiles

Number of Employee Profiles
5
EnerVenue has 5 current employee profiles, including Executive Yi Cui
Executive
Executive
Executive
Executive
Executive