Hydrostor

📍 Toronto, Canada🗓 Founded 2010👥 62 employees💰 Last funded Jul 2022
Hydrostor is a leading developer and operator of long-duration energy storage systems. Hydrostor leverages a proven technology solution for delivering long-duration energy storage (eight hours or more) to power grids around the world. Hydrostor’s technology uses compressed air and water to store energy. This patented technology allows grid operators to draw on clean energy, even when there is no sun to fuel solar panels and no wind to generate energy from turbines. Hydrostor has a successful utility scale facility commercially contracted to the Independent Electricity System Operator (IESO) located in Goderich, Ontario, and two advanced projects under development in Kern County, California and New South Wales, Australia. Hydrostor has an extensive early-stage pipeline of projects in North America, Australia and Europe. Founded in 2010 and with headquarters in Toronto, Canada and offices in Melbourne, Australia and Sacramento, USA, Hydrostor is backed by Goldman Sachs Asset Management, the Canada Pension Plan Investment Board (CPPIB) and other forward-thinking institutional investors, providing financial security to commit to top-tier energy projects.
6
Total investors
2
Early stage
0
Mid stage
0
Late stage
2010
Founded
Investor geography2 countries
Canada
3
United States
3
Investor activity2010–2022 · investors recorded per year
20101201112021120223
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Hydrostor?
Hydrostor has 6 investors on record on gritt.io, including 2 early-stage backers.
When did Hydrostor last raise funding?
The most recent investment in Hydrostor recorded on gritt.io was in July 2022.
When was Hydrostor founded?
Hydrostor was founded in 2010.
What industry is Hydrostor in?
Hydrostor operates in Renewable Energy Power Generation. Find similar Renewable Energy Power Generation investors on gritt.io.
Where is Hydrostor based?
Hydrostor is headquartered in Toronto, Canada.