H
Hybrid Energy Storage Solutions
Energy · La Rinconada, Spain · Founded 2018
A technological solution provider, pioneer in creating hybrid energy storage solutions (HESS), optimized in economic terms MoreLess
Hesstec is a forward-thinking startup specializing in advanced energy storage solutions for modern electrical grids. The company focuses on creating hybrid energy storage systems that enhance the efficiency and reliability of smart grids. In simpler terms, Hesstec develops technology that helps manage and store energy more effectively, ensuring that electrical grids can operate smoothly and handle varying demands without interruption.
Hesstec serves a diverse range of clients, including large utility companies like Duke Energy and Enel Endesa, as well as smaller, isolated grid operators. The company operates in the energy sector, specifically targeting the smart grid and renewable energy markets. These markets are crucial as they focus on modernizing the way electricity is distributed and stored, making it more sustainable and reliable.
The business model of Hesstec revolves around providing comprehensive energy storage solutions. This includes the development and deployment of advanced power electronics converters, ultracapacitor stacks, and other innovative technologies that integrate with existing grid systems. By offering these solutions, Hesstec helps its clients optimize their energy storage and distribution, reduce costs, and improve grid stability.
Hesstec generates revenue through multiple streams. Primarily, it sells its hybrid energy storage systems and related technologies to utility companies and grid operators. Additionally, the company provides various grid services, such as grid stabilization, peak power management, and renewable energy integration. These services are essential for maintaining a balanced and efficient energy supply, and clients pay for these ongoing services, creating a steady income for Hesstec.
In summary, Hesstec is revolutionizing the energy storage landscape with its cutting-edge hybrid systems, serving a broad spectrum of clients in the smart grid and renewable energy markets. The company's innovative solutions and multiple revenue streams position it as a key player in the future of energy management.
Keywords: energy storage, smart grid, hybrid systems, utility companies, grid stability, renewable energy, power electronics, ultracapacitors, grid services, energy management.
Company overview
Hybrid Energy Storage Solutions company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2018
- Headquarters
- La Rinconada, Spain
- Employees
- 61
- Open positions
- 2
- Dealroom signal
- 49.7
Valuation & funding
Hybrid Energy Storage Solutions funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | May 2025 | $13M | $53M | Suma Capital · VERBUND · ABB | ↗ |
| SERIES A✓Equity / VC | May 2021 | $2.5M | $10M | Capital Energy Quantum · Elewit · RIC Energy | — |
| SEED✓Equity / VC | Aug 2018 | $750K | $3M | Undisclosed | — |
Financials
Revenue, earnings and profit over time
Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.
Growth signals
Hybrid Energy Storage Solutions website traffic
Latest recorded traffic for Hybrid Energy Storage Solutions is 50 monthly website visits, down 68.8% over the last three months. Hybrid Energy Storage Solutions's team grew 7% over the past year.
Hiring
Open positions at Hybrid Energy Storage Solutions
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Comparisons
Hybrid Energy Storage Solutions compared with similar companies
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Talent graph
Hybrid Energy Storage Solutions's talent
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Investors
7 investors on Hybrid Energy Storage Solutions's cap table
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Global footprint
Where Hybrid Energy Storage Solutions has talent and traffic
team presence
In the news
Latest news about Hybrid Energy Storage Solutions
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Market sentiment
What the market is saying about Hybrid Energy Storage Solutions
An AI-synthesized read of the highest-engagement posts about Hybrid Energy Storage Solutions on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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