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Redox One logo — Long Duration Energy Storage Solutions

Redox One

Long Duration Energy Storage Solutions

Founded 2022 Cyprus Cyprus 22 employees Series A Total: $20.00M Energy, Manufacturing +3

General Information

Company Name Redox One
Founded Year 2022
Location Cyprus Cyprus
Employees 22
Industries Energy, Manufacturing, Renewable Energy +2
Funding Stage Series A
Business Model B2B, D2C, B2B2B
Revenue Model Product Sales, Service Fee, Usage Based
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About Redox One

Redox One, founded in 2022, is a Cyprus-based company offering Long Duration Energy Storage Solutions with a focus on manufacturing iron-chromium flow batteries. As a spin-off from Tharisa plc, they leverage a strong background in integrated resource operations, specifically targeted towards large-scale energy storage for businesses, industries, and electricity networks.

The innovative technology by Redox One targets the energy sector's critical need for reliable and sustainable energy solutions, with systems that support applications in low-carbon renewable generation. Their solutions boast a high degree of scalability, stability in extreme temperatures, and a lifespan exceeding 20 years, ranging from MWh to GWh capacities.

In the latest investment round on 01 February 2024, Redox One secured a $20.00M Series A investment from their parent company, Tharisa, marking a significant endorsement of their technological and market potential in the evolving energy landscape.

Business keywords: Long Duration Energy Storage, Iron-Chromium Flow Batteries, Renewable Energy Storage, Microgrid Solutions, Off-grid Applications, MWh Scale Storage, GWh Scale Storage, Energy Storage Systems, High-Utilisation Applications, Inexpensive Electrolyte Manufacturing, Proprietary Electrolyte Process, Stable in High Temperatures, Industrial Energy Solutions, Reliable Renewable Generation

Services & Products

Iron-Chromium Redox Flow Battery Deployment
Energy Storage System Manufacturing
Renewable Energy Integration Solutions
Energy Grid Stabilization Services

Target Customers

Renewable Energy Providers Utility Companies Industrial Operations Microgrid Developers

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $20.00M 1
Tharisa
Tharisa
01 Feb 2024
Corporate Spinout Undisclosed 1
Tharisa
Tharisa
01 Feb 2022

Redox One Alternatives & Competitors

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Redox One vs
ESS
ESS United States

Safe and sustainable long-duration energy storage.

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320 employees
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Redox One vs
CMBLU Energy
CMBLU Energy Germany

🔋 Energy Storage Inspired by Nature, Built for Scale.

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Redox One vs
Ore Energy
Ore Energy The Netherlands

Turning iron, water and air into the missing piece of the world’s energy transition.

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48 employees
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Also compare with: Redox One vs RFC Power RFC Power Redox One vs Invinity Energy Systems Invinity Energy Systems Redox One vs Standard Energy (스탠다드에너지) Standard Energy (스탠다드에너지) View all alternatives

FAQ About Redox One

Long Duration Energy Storage Solutions
Redox One was founded in 2022.
Redox One is headquartered in Cyprus.
Redox One operates in Energy, Manufacturing, Renewable Energy, Clean Energy and Energy Storage. Its work centres on Long Duration Energy Storage, Iron-Chromium Flow Batteries, Renewable Energy Storage and Microgrid Solutions. Its customers include Renewable Energy Providers, Utility Companies and Industrial Operations.
Redox One has a B2B, D2C and B2B2B business model. Its revenue comes from Product Sales, Service Fee and Usage Based.
Redox One has approximately 22 employees.
Redox One has completed 2 funding rounds, raising a total of $20.00M. The latest funding stage is Series A.
Redox One offers: Iron-Chromium Redox Flow Battery Deployment, Energy Storage System Manufacturing, Renewable Energy Integration Solutions, Energy Grid Stabilization Services.
Top alternatives and competitors to Redox One include ESS, CMBLU Energy, Ore Energy, ViZn Energy Systems, RFC Power. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Redox One and ESS 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 Redox One, https://bouncewatch.com/company/redox-one, updated 28 March 2026. When citing, please name BounceWatch and link this page.

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