Energy Vault
Energy Vault raises $235M PIPE at $1.6B valuation
Quick Facts
Energy Vault: PIPE Funding Round
Energy Vault has successfully raised $235M in PIPE funding, reaching a valuation of $1.6B.
Company Overview
Grid-scale energy storage systems
Funding Details
The PIPE round was led by SoftBank Vision Fund, with participation from Prime Movers Lab, CEMEX Ventures, Saudi Aramco Energy Ventures.
Company Information
- Headquarters: 1735 Technology Drive, San Jose, CA 95110
- Founded: 2017
- Employees: 200+
- Category: Energy Storage
Investment
Energy Vault plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- SoftBank Vision Fund: Verified investor in PIPE
- Prime Movers Lab: Verified investor in PIPE
- CEMEX Ventures: Verified investor in PIPE
- Saudi Aramco Energy Ventures: Verified investor in PIPE
Key Investors
About the Author
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