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Silbat Energy Storage Solutions logo — Long-Duration Energy Storage in Melting Silicon

Silbat Energy Storage Solutions

Long-Duration Energy Storage in Melting Silicon

Founded 2019 Spain Spain 5 employees Venture round Total: $2.73M Energy, Renewable Energy +2

General Information

Company Name Silbat Energy Storage Solutions
Founded Year 2019
Location Spain Spain
Founders / Decision Makers
Team member
Employees 5
Industries Energy, Renewable Energy, Energy Efficiency +1
Funding Stage Venture round
Social

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About Silbat Energy Storage Solutions

Silbat is a startup founded in 2019, headquartered in Spain, specializing in the development of long-duration energy storage utilizing melting silicon. Their slogan, "Long-Duration Energy Storage in Melting Silicon," encapsulates their core objective. With a focus on energy, renewable energy, energy efficiency, and energy storage, Silbat aims to deliver an innovative long-duration battery, capable of withstanding 100 hours, based on the latent heat of fusion of silicon. Their groundbreaking technology has the potential to revolutionize the industry by offering energy-related CAPEX of less than $10/kWh, thus enabling 100% dispatchable variable renewable energies. Furthermore, this advancement in energy storage could facilitate the operation of competitive pricing in comparison to contemporary fossil or nuclear-fueled power plants. The most recent investment in Silbat took place during the Venture Round on May 23, 2023, with Aurora being the investing firm. With their distinctive approach and game-changing innovation, Silbat is poised to make a significant impact in the energy sector and pave the way for a more sustainable and efficient energy future.

Taxonomy: Energy Storage, Long-Duration Battery, Thermal Energy Storage, Silicon Energy Storage, Thermophotovoltaics, Thermal Engineering, Refractory Materials, Thin Film Coatings

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Aurora
Aurora
23 May 2023
Seed Round Undisclosed 2
Baker Hughes EIT InnoEnergy
Baker Hughes, EIT InnoEnergy
22 Sep 2022
Grant Undisclosed -
30 Jun 2022
Grant €115.00K 1
Ministry of Science and Innovation of Spain
Ministry of Science and Innovation of Spain
30 Jun 2022
Grant €315.00K 1
Centre for the Development of Industrial Technology (CDTI)
26 Jan 2022
Grant €2.30M 1
Centre for the Development of Industrial Technology (CDTI)
10 Oct 2020

Silbat Energy Storage Solutions Alternatives & Competitors

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Silbat Energy Storage Solutions vs
Fourth Power
Fourth Power United States

Energy Storage that Grows with the Grid

Series A
35 employees
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Silbat Energy Storage Solutions vs
Noon Energy
Noon Energy United States

Compact long-duration energy storage, inspired by nature.

Convertible Note
73 employees
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Silbat Energy Storage Solutions 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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47 employees
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FAQ About Silbat Energy Storage Solutions

Long-Duration Energy Storage in Melting Silicon
Silbat Energy Storage Solutions was founded in 2019.
Silbat Energy Storage Solutions is headquartered in Spain.
Silbat Energy Storage Solutions operates in Energy, Renewable Energy, Energy Efficiency and Energy Storage. Its work centres on Energy Storage, Long-Duration Battery, Thermal Energy Storage and Silicon Energy Storage.
Silbat Energy Storage Solutions has approximately 5 employees.
Silbat Energy Storage Solutions has completed 6 funding rounds, raising a total of $2.73M. The latest funding stage is Venture round.
Top alternatives and competitors to Silbat Energy Storage Solutions include Fourth Power, Noon Energy, Ore Energy, Sinergy Flow, Form Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Silbat Energy Storage Solutions and Fourth Power 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 Silbat Energy Storage Solutions, https://bouncewatch.com/company/silbat, updated 28 October 2024. When citing, please name BounceWatch and link this page.

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