NantEnergy logo — Progress in Power

NantEnergy

Progress in Power

Founded 2006 United States Scottsdale, United States 11 employees Grant Total: $61.58M Energy, Renewable Energy +1

General Information

Company Name NantEnergy
Founded Year 2006
Location United States Scottsdale, United States
Employees 11
Industries Energy, Renewable Energy, Oil and Gas
Funding Stage Grant
Social

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About NantEnergy

NantEnergy is a company dedicated to advancing the future through the provision of cutting-edge, cost-effective, and sustainable energy storage solutions. Founded in 2008, NantEnergy, formerly known as Fluidic, Inc., specializes in the development of high-performance, affordable, clean, and sustainable energy storage solutions for a variety of applications within the Energy, Renewable Energy, and Oil and Gas industries.

A noteworthy achievement of NantEnergy is the introduction of an innovative rechargeable metal-air battery, which leverages high-energy metals and utilizes free atmospheric oxygen to efficiently and safely store significant amounts of energy. As a spin-out from Arizona State University, NantEnergy's pioneering storage method holds the potential to transform the production, distribution, and consumption of electricity. This technology has vast potential applications, including backup power, diesel generator replacement, electric grid enhancement, and integration of renewable energy sources.

NantEnergy secured its last investment through a grant from BloombergNEF on 24 April 2017, signifying the confidence of industry-leading investors in the innovative capabilities of the company's energy storage solutions. NantEnergy's commitment to sustainable and efficient energy solutions positions it as a notable player in the evolving landscape of energy technology.

Business keywords: Energy Storage Solutions, Renewable Energy Integration, Rechargeable Metal-Air Batteries, Sustainable Energy, Electric Grid Optimization, Rural Electrification

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Grant Undisclosed 1
BloombergNEF
24 Apr 2017
Venture Round $20.00M 1
Asia Climate Partners (ACP)
28 Nov 2016
Venture Round $7.00M 1
International Finance Corporation
11 Nov 2013
Venture Round $34.58M -
25 Jul 2013

NantEnergy Alternatives & Competitors

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NantEnergy vs

Enabling Renewable Electricity

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Powering the Future: Lightweight, Long-Lasting Rechargeable Battery Systems for Electric Vehicles an...

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NantEnergy vs
Key Capture Energy
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Building large-scale energy storage projects today that will transition us to the grid of tomorrow.

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FAQ About NantEnergy

Progress in Power
NantEnergy was founded in 2006.
NantEnergy is headquartered in Scottsdale, United States.
NantEnergy operates in Energy, Renewable Energy and Oil and Gas. Its work centres on Energy Storage Solutions, Renewable Energy Integration, Rechargeable Metal-Air Batteries and Sustainable Energy.
NantEnergy has approximately 11 employees.
NantEnergy has completed 4 funding rounds, raising a total of $61.58M. The latest funding stage is Grant.
Top alternatives and competitors to NantEnergy include Cumulus Energy Storage, K2 Energy, Key Capture Energy, Advenst Energy Storage Systems, Ambri. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
NantEnergy and Cumulus Energy Storage are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for NantEnergy, https://bouncewatch.com/company/nantenergy, updated 31 December 2024. When citing, please name BounceWatch and link this page.

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