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EnerVenue

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Metal-hydrogen batteries for long-duration energy storage in grid, commercial, and residential applications

Fremont, United StatesFounded 2020Energy
Valuation $1–2.5B Last recorded · 2026
Headcount 100–500 Current team size
Total funding $500M–1B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for EnerVenue and the history behind them.

About EnerVenue

EnerVenue is a pioneering startup in the energy storage sector, focusing on the development and commercialization of nickel-hydrogen batteries. These batteries are designed to store energy efficiently and reliably, making them a crucial component in the transition to clean energy. The company operates primarily in the renewable energy market, serving a diverse range of clients including utility companies, industrial firms, and large-scale renewable energy projects.

EnerVenue's business model revolves around the production and sale of its advanced energy storage systems. By leveraging nickel-hydrogen technology, which is known for its durability and long life span, EnerVenue offers a compelling alternative to traditional lithium-ion batteries. This technology is particularly attractive to clients looking for sustainable and cost-effective energy storage solutions.

The company generates revenue through the direct sale of its battery systems and related services. This includes installation, maintenance, and optimization services to ensure that clients get the most out of their energy storage investments. EnerVenue's innovative approach and robust technology have attracted significant investment, including a recent $100 million funding round aimed at accelerating the deployment of its clean energy solutions.

EnerVenue's leadership team brings a wealth of experience from various high-tech and manufacturing industries. Andrzej, with 25 years of experience in energy storage and renewable technologies, leads the development of their cutting-edge systems. Rob Willy, with over 20 years of experience in manufacturing operations, oversees the production at their new gigafactory in Shelby County, Kentucky. This facility is set to scale the production of their nickel-hydrogen batteries, ensuring they can meet growing market demand.

In summary, EnerVenue is at the forefront of the clean energy revolution, providing innovative and reliable energy storage solutions that cater to a wide range of clients in the renewable energy market.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Fremont, United States
Employees
95
Open positions
11
Dealroom signal
72.1/100
Sub-industry
Energy Storage
Sector
Energy, Battery, Spinout, Sustainable Development Goals, Rumoured $1B, Climate Tech, Stationary Energy Storage, Grid Energy Storage, Alternative Battery Chemistry, NIF defense security and resilience
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b, b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Mar 2026 $300M $1.2B Aramco Ventures · Hong Kong Investment Corporation · Full Vision Capital ↗
SERIES BOther financing Jun 2024 $308M $1.2B Undisclosed ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

EnerVenue website traffic

Latest recorded traffic for EnerVenue is 4.4K monthly website visits, down 38.9% over the last three months. EnerVenue's team grew 5.6% over the past year.

Latest monthly visits4.4K 3-month web change-38.9% 1-year team growth+5.6%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Doug Kimmelman
  • Peter Lee

Series A5 investors entered at this stage

  • SLB
  • Aramco Ventures
  • Stanford University
  • Full Vision Capital
  • Hong Kong Investment Corporation
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇺🇸 United States85.9%
🇨🇳 China9.4%
🇭🇰 Hong Kong3.1%
🇬🇧 United Kingdom1.6%
4 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EnerVenue on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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