H
Hybrid Energy Storage Solutions
A technological solution provider, pioneer in creating hybrid energy storage solutions (HESS), optimized in economic terms
About Hybrid Energy Storage Solutions
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- La Rinconada, Spain
- Employees
- 61
- Open positions
- 2
- Dealroom signal
- 49.7/100
- Sub-industry
- Clean Energy, Energy Efficiency, Energy Storage
- Sector
- Energy, Smart Grid, Hydrogen, Sustainable Development Goals, Climate Tech, Stationary Energy Storage, Energy Trading, Grid Technology, Hard Tech, Horizon Europe
- Business model
- Manufacturing
- Client focus
- b2b
Knowledge graph
More headlines
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 | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A6 investors entered at this stage
Capital Energy Quantum
Elewit
RIC Energy
Suma Capital
VERBUND
ABB
Other known investors1 additional known investor
European Innovation Council
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Hybrid Energy Storage Solutions on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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