About Corvus Energy
Corvus Energy is a company based in Richmond (Canada) founded in 2009 was acquired by Norsk Hydro in November 2017. Corvus Energy has raised $84.75 million across 10 funding rounds from investors including Morgan Stanley, Equinor and BW Group. Corvus Energy has completed 1 acquisition, including Grenland Energy. Corvus Energy offers products and services including Corvus Orca ESS, Corvus Blue Whale ESS, Corvus Dolphin NxtGen ESS, and Corvus Pelican Fuel Cell System. Corvus Energy operates in a competitive market with competitors including A123 Systems, Ampd Energy, Powin Energy, Cadenza Innovation and Tesvolt, among others.
- Headquarter Richmond, Canada
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Sectors
Energy & UtilitiesTransportation, Automotive & Logistics
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$84.75 M (USD)
in 10 rounds
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Latest Funding Round
$60 M (USD), Series C
Oct 10, 2025
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Investors
Morgan Stanley
& 10 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Norsk Hydro
(Nov 28, 2017)
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Products & Services of Corvus Energy
Corvus Energy offers a comprehensive portfolio of products and services, including Corvus Orca ESS, Corvus Blue Whale ESS, Corvus Dolphin NxtGen ESS, and Corvus Pelican Fuel Cell System.
Provides zero-emission operations for maritime vessels
Offers advanced energy storage for larger maritime applications
Delivers high-performance solutions for marine power needs
Supports hydrogen-based zero-emission maritime operations
People of Corvus Energy
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Funding Insights of Corvus Energy
Corvus Energy has successfully raised a total of $84.75M across 10 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in October 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Corvus Energy
Corvus Energy has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Equinor and BW Group.
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Global funding is provided to growth-stage mobility ventures.
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Venture capital firm backed by Shell
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Offshore transportation of crude oil and natural gas is managed.
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Investor details for Corvus Energy
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Investments & Acquisitions by Corvus Energy
Corvus Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Grenland Energy.
Investment portfolio details for Corvus Energy
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Lithium storage systems are manufactured for maritime and offshore uses.
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Complete acquisition details for Corvus Energy
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Financial Statements - Corvus Energy
Detailed financials for Corvus Energy
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Corvus Energy Comparisons
Peer comparison for Corvus Energy
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Competitors of Corvus Energy
Corvus Energy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as A123 Systems, Ampd Energy, Powin Energy, Cadenza Innovation and Tesvolt, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Developer of battery energy storage system solutions
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Energy storage systems are provided for grid-level and behind-the-meter applications.
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Lithium-ion battery systems for energy storage are developed.
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Lithium battery-based power storage systems developer
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Detailed competitors of Corvus Energy
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Latest news on Corvus Energy
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Frequently Asked Questions about Corvus Energy
Corvus Energy was founded in 2009 and raised its 1st funding round 4 years after it was founded.
Corvus Energy is headquartered in Richmond, Canada. It is registered at Richmond, British Columbia, Canada.
Mette Rokne Hanestad is the current CEO of Corvus Energy.
Corvus Energy is a funded company, having raised a total of $84.75M across 10 funding rounds to date.
Corvus Energy was founded in 2009 in Richmond, Canada, within the energy storage sector. Lithium NMC technology is utilized to develop energy storage systems for industrial, commercial, and high-power applications. Solutions are provided for hybrid and electric commercial vessels, where hybridization or full electrification with these systems results in reduced fuel use, improved operational efficiency, and lower greenhouse gas emissions. Operations focus on maritime and heavy-duty equipment.
Corvus Energy's top competitors include A123 Systems, Powin Energy and Cadenza Innovation.
Corvus Energy offers Corvus Orca ESS, Corvus Blue Whale ESS, Corvus Dolphin NxtGen ESS, and Corvus Pelican Fuel Cell System.
Corvus Energy has made 1 acquisition, including Grenland Energy.
Corvus Energy has 11 investors. Key investors include Morgan Stanley, Equinor, BW Group, Norsk Hydro, and European Union.