Qnetic logo — Building high-performance grid-scale energy storage technolo...

Qnetic

Building high-performance grid-scale energy storage technology that enables the transition to clean, sustainable power

Founded 2021 United States New York, United States 15 employees Seed Total: $2.03M Energy Storage

General Information

Company Name Qnetic
Founded Year 2021
Location United States New York, United States +4
Employees 15
Industries Energy Storage
Funding Stage Seed
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About Qnetic

Qnetic, founded in 2021 and headquartered in the United States, is at the forefront of revolutionizing the energy storage sector. The company is championing clean and sustainable energy through their unique high-performance grid-scale energy storage technology, which is essential for integrating renewable power sources like wind and solar into the global energy infrastructure.

Positioning itself as a cost-effective alternative, Qnetic utilizes a breakthrough Flywheel Energy Storage System (FESS) specifically designed for daily energy shifting. This innovative approach facilitates storing solar power during daylight for nighttime use and vice versa for wind energy, effectively decoupling energy generation from consumption.

With a competitive edge over current Li-ion batteries, Qnetic boasts a Levelled Cost of Storage (LCOS) that is half the cost, thanks to optimized efficiency and reduced degradation. They are on track to reach mass production by 2025. Recently, the company secured a Seed Round investment backed by SOSV, marking a significant milestone in its development journey.

Taxonomy: grid-scale energy storage, flywheel energy storage system, energy transition, wind energy integration, solar energy integration, sustainable energy solutions, daily energy shifting, Levelled Cost of Storage, capital cost-competitive storage, energy grid innovation, bulk energy storage, energy storage technology, low-cost energy storage

Services & Products

Development of flywheel energy storage systems
Provision of scalable and cost-effective energy storage solutions

Target Customers

Renewable energy providers Grid operators Sustainable energy infrastructure developers

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• - 01 Mar 2024
Pre Seed Round •••••• 2
Investor Investor
11 Dec 2023
Equity Crowdfunding •••••• - 22 Dec 2022
Angel Round •••••• - 01 Nov 2022

Qnetic Alternatives & Competitors

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Qnetic vs
Storelectric
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Quidnet Energy
Quidnet Energy United States

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FAQ About Qnetic

Building high-performance grid-scale energy storage technology that enables the transition to clean, sustainable power
Qnetic was founded in 2021.
Qnetic is headquartered in New York, United States.
Qnetic operates in the following industries: Energy Storage.
Qnetic has approximately 15 employees.
Qnetic has completed 4 funding rounds, raising a total of $2.03M. The latest funding stage is Seed.
Qnetic offers: Development of flywheel energy storage systems, Provision of scalable and cost-effective energy storage solutions.
Top alternatives and competitors to Qnetic include Storelectric, NEC Energy Solutions, Quidnet Energy, Revayu Energy, Cumulus Energy Storage. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Qnetic and Storelectric 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.

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