What is VoltStorage?
VoltStorage is an innovative energy storage firm dedicated to maximizing energy value and eliminating waste through advanced technological solutions. The company's flagship product, the Iron + Salt Battery Vault, provides an ultra low-cost and highly durable alternative to traditional storage methods. By focusing on long-duration energy storage, VoltStorage effectively bridges the gap between intermittent renewable energy generation and the consistent demands of modern power grids.
The company serves a diverse client base, including utility grid operators, energy providers, and commercial industrial sectors. Its market position is defined by a commitment to sustainability and grid resilience, offering a scalable architecture that supports the transition toward a decarbonized energy future. Through its specialized focus on iron-salt chemistry, VoltStorage is carving out a distinct niche in the competitive landscape of grid-scale energy storage.
How much funding has VoltStorage raised?
VoltStorage has raised a total of $31M across 2 funding rounds:
Other Financing Round
$7M
Series C
$24M
Other Financing Round (2020): $7M with participation from SOSV LLC, Korys, Energie360, Matthias Willenbacher,, EIT InnoEnergy, and Bayern Kapital GmbH
Series C (2022): $24M led by Cummins
Key Investors in VoltStorage
Korys
Korys is the entrepreneurial investment company of the Colruyt family, focusing on sustainable future-shaping through long-term partnerships in energy transition and conscious consumerism.
EIT InnoEnergy
EIT InnoEnergy is a European organization dedicated to fostering innovation and entrepreneurship to increase competitiveness and sustainable economic growth within the energy sector.
Bayern Kapital GmbH
Bayern Kapital is a leading Bavarian venture capital firm providing tailored financing solutions to technology-oriented startups across the High-Tech and DeepTech sectors.
What's next for VoltStorage?
With the recent infusion of capital, VoltStorage is poised to transition into a phase of rapid operational scaling and market expansion. The strategic focus will likely center on increasing manufacturing capacity for the Iron + Salt Battery Vault to meet the growing backlog of utility-scale projects. Furthermore, the company is expected to deepen its partnerships with grid operators to demonstrate the long-term reliability and economic viability of its storage systems in real-world, high-demand environments.
As the global energy transition accelerates, VoltStorage's ability to provide cost-effective, sustainable storage will be critical. Future efforts will likely involve optimizing supply chain logistics and refining the integration of its storage systems into existing grid infrastructure, ensuring that the company remains at the forefront of the energy storage revolution.
