E
ESS
A leading provider of long-duration energy storage solutions ideally suited for C&I, utility, microgrid, and off-grid applications
About ESS
ESS Inc. is a leading provider of long-duration energy storage solutions, primarily serving utilities, developers, microgrid operators, and commercial and industrial (C&I) system owners. The company operates in the renewable energy market, focusing on integrating large-scale battery installations with renewable energy sources to create a decarbonized grid. ESS Inc.'s business model revolves around the development and commercialization of iron-based batteries that offer the lowest overall cost of service for long-duration or multi-cycling requirements. These batteries are designed to be environmentally friendly, using no hazardous materials, which simplifies permitting, containment, handling, and disposal processes. The company's revenue is generated through the sale of its energy storage solutions, which are configurable and can be tailored to meet the specific needs of various users and applications. ESS Inc. was founded in 2012 and has since achieved significant milestones, including being listed on the NYSE under the ticker symbol GWH in 2021.
Source: Dealroom company dataAt a glance
- Status
- Listed
- Founded
- 2011
- Headquarters
- Wilsonville, United States
- Listing
- Public via SPAC 2021
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
NYSERDA
Series A5 investors entered at this stage
Pangaea Ventures
Sand Hill Angels
BASF
IPM Group
Presidio Partners
Series B and later10 investors entered at this stage
- SESB Energy
Breakthrough Energy Ventures
PTT Global Chemical Public
BASF Venture Capital
Fidelity Investments
ACON S2 Acquisition Corp
Honeywell
Export-Import Bank of the United States
Queensland GovernmentYorkville Advisors
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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