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EnerVenue
Nickel-hydrogen battery technology
- 101-200 employees
- B2C
- B2B
- Energy
- Sustainability
- Manufacturing
- Deep Tech
- Baylands, Fremont, CA
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Company mission
To bring game-changing differentiation to the stationary energy storage sector.
34% employee growth in 12 months
Our take
Offering a differentiated stationary storage solution, EnerVenue is a nickel-hydrogen battery manufacturing company that provides companies with a simple, safe, long-lasting, and maintenance-free energy storage solution that rivals the lifecycle longevity and durability to that of lithium-ion.
With an advantageous heavy-duty usage profile, the 85% round-trip efficiency of EnerVenue’s newest devices isn’t far off of lithium-ion. Additionally, when comparing the quantity of nickel needed for the company’s product to the number of active ingredients in NMC or LFP lithium-ion batteries, EnerVenue is in a far better position, as nickel is the 5th most abundant element on Earth.
The company has made several major distribution agreements, including a 3-year 250MWh provision deal with Green Energy Renewable Solutions and a 460MWh deal with Puerto Rico’s Sonnell Power Solutions, and is well positioned to see continued growth as it becomes a leading force of the clean energy revolution.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- 401k Matching
- Equity & Performance Bonuses
- Medical/Dental/Vision Benefits
- In-Office Snacks & Drinks
- Cell Phone Subsidy
Funding (last 2 of 3 rounds)
Jun 2024
$308.2m
EARLY VC
Sep 2021
$100m
SERIES A
Total funding: $420.2m
This company has top investors
Leadership
Yi Cui
(Chairman & Chief Technology Advisor)Professor at Stanford University. Founder & Board Member at Amprius, 4C air, EEnotech, and LifeLabs Design.