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Energy Tech Series A Founded 2018

Revterra

Developer of flywheel energy storage systems for grid applications. It offers grid and utility-scale applications such as solar energy and wind energy. It offers a patented technology that uses passive magnetic bearing that consumes low power at very high speeds. The company was founded in 2018 and headquartered in Houston, United States. It has raised $6M in series a funding, with backing from Equinor, SCF…

📍 Houston, United States · Energy Storage Tech,

Funding snapshot

Last roundSeries A
Amount$1M
Date10 December 2023
Total raised$6M
Team size10

About

Developer of flywheel energy storage systems for grid applications. It offers grid and utility-scale applications such as solar energy and wind energy. It offers a patented technology that uses passive magnetic bearing that consumes low power at very high speeds. The company was founded in 2018 and headquartered in Houston, United States. It has raised $6M in series a funding, with backing from Equinor, SCF Partners, America’s Seed Fund, ADNOC, and others. The company operates in the Energy Tech - Energy Storage Tech, Energy Tech - Renewable Energy Tech, Environment Tech - Renewable Energy Tech space. Its offerings span Energy Storage Tech - Energy Storage System - Flywheel and Plug and Play Tech Center Batches - Energy - Batch 6.

Business model

Renewable Energy Tech > Horizontal > Energy Storage > Flywheel,

Energy Storage Tech > Energy Storage System > Flywheel,

Plug and Play Tech Center Batches > Energy > Batch 6

Institutional investors

Equinor SCF Partners America’s Seed Fund ADNOC Capital Factory Clean Energy Venture Group Greentown Labs Lavni Ventures Veritec Capital Partners

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