Primrock

📍 Stockholm, Sweden🗓 Founded 2019👥 32 employees💰 Last funded Jul 2023
Renewable Energy Power Generation🌐 primrock.eu
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Primrock provides balance and capacity services. We operate decentralized units supplying adequate power with highest possible reliability, precision and speed. Our facilities meet the need for reserve capacity to maintain stability in the Nordic synchronous system as well as power flexibility and quality at the local level. Primrock is the first company to provide frequency containment services in Sweden from a decentralized energy storage system. Our independence allows us to bring novel, efficient and user centric solutions to the market. We create value with an innovative multi functional and responsive design and business model. Primrock supports the expansion of renewable power generation by providing capacity that can be used as synthetic inertia and for frequency restoration after grid disturbances. In addition, our capacity services facilitate the electrification of new sectors, notably by enabling a rapid introduction of electric vehicles.
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Total investors
0
Early stage
1
Mid stage
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Late stage
2019
Founded

Investors

1 investors
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Mid stage
Late stage
Investor geography1 country
Sweden
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Frequently asked questions
Who invested in Primrock?
Primrock has 1 investors on record on gritt.io, 1 mid-stage.
When did Primrock last raise funding?
The most recent investment in Primrock recorded on gritt.io was in July 2023.
When was Primrock founded?
Primrock was founded in 2019.
What industry is Primrock in?
Primrock operates in Renewable Energy Power Generation. Find similar Renewable Energy Power Generation investors on gritt.io.
Where is Primrock based?
Primrock is headquartered in Stockholm, Sweden.