TThaleron is developing a grid-scale mechanical energy storage system aimed at lowering the cost of energy storage to accelerate the transition to a fully renewable energy grid. The company designs and sells its own energy storage hardware to other businesses (B2B), targeting renewable energy providers and other users who need large-scale storage. The system uses established mechanical storage technologies to store and release energy, focusing on a more affordable solution than current options to help create a carbon-free, fossil-fuel-free grid. Thaleron’s goal is to make cheap, reliable energy storage accessible so that renewable energy can reliably supply power at grid scale.
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Industries
Company Size
1-10
Company Stage
Seed
Total Funding
$12.7M
Headquarters
Woking, United Kingdom
Founded
2022
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Total Funding
$12.7M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Thaleron raised a seed funding round with Visionaries Club, Firstminute Capital Hummingbird Ventures and angel investors in Germany involving Thaleron with investors including Andrej-Nicolai Henkler, Firstminute Capital, Visionaries Club. Nordic9.com tracks European startup funding, M&A and investor activity.
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Industries
Company Size
1-10
Company Stage
Seed
Total Funding
$12.7M
Headquarters
Woking, United Kingdom
Founded
2022
Find jobs on Simplify and start your career today