About CRESS Systems
CRESS Systems is a company based in Redcar (United Kingdom) founded in 2009. CRESS Systems has raised $670.8 thousand across 2 funding rounds from investors including Northern Powerhouse Investment Fund and Northstar Ventures. The company has 6 employees as of July 31, 2018. CRESS Systems operates in a competitive market with competitors including Ambri, Hydrostor, Raygen, Quidnet Energy and MGA Thermal, among others.
- Headquarter Redcar, United Kingdom
- Employees 6 as on 31 Jul, 2018
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Cress Carbon Reducing Energy Storage Systems Limited
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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
$670.8 K (USD)
in 2 rounds
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Latest Funding Round
$538.3 K (USD), Series A
Sep 27, 2017
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Investors
Northern Powerhouse Investment Fund
& 1 more
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Employee Count
6
as on Jul 31, 2018
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Funding Insights of CRESS Systems
CRESS Systems has successfully raised a total of $670.8K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $538.3 thousand completed in September 2017. 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 CRESS Systems
CRESS Systems has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Northern Powerhouse Investment Fund and Northstar Ventures.
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Early-stage investments are made in UK companies across diverse sectors.
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Investor details for CRESS Systems
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Investments & Acquisitions by CRESS Systems
Investment portfolio details for CRESS Systems
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Financial Statements - CRESS Systems
Detailed financials for CRESS Systems
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Cress Systems Comparisons
Peer comparison for CRESS Systems
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Competitors of CRESS Systems
CRESS Systems 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 Ambri, Hydrostor, Raygen, Quidnet Energy and MGA Thermal, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Liquid metal batteries are provided for long-duration energy storage.
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Compressed air is stored underwater for electricity generation.
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Advanced solar CPV systems using mirrors are provided by Raygen.
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Provider of pumped hydro based energy storage system
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Thermal energy storage solutions are provided using stacked modular blocks.
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High-density hydro long-duration energy storage technology is developed.
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Detailed competitors of CRESS Systems
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Latest news on Cress Systems
Complete news archive for CRESS Systems
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Frequently Asked Questions about CRESS Systems
CRESS Systems was founded in 2009 and raised its 1st funding round 7 years after it was founded.
CRESS Systems is headquartered in Redcar, United Kingdom.
CRESS Systems is a funded company, having raised a total of $670.8K across 2 funding rounds to date.
As of Jul 31, 2018, the latest employee count at CRESS Systems is 6.
CRESS Systems was founded in 2009 in Redcar, United Kingdom, focusing on the energy storage sector. A mechanical system is developed to capture potential energy from moving objects, such as containers lowered in ports, and store it for reuse in lifting operations. Composite flywheels and switched reluctance motors are employed in this intelligent setup, with intellectual property owned by the developers. Operations target industrial applications like port logistics.
CRESS Systems's top competitors include Ambri, Hydrostor and RheEnergise.
CRESS Systems has 2 investors. Key investors include Northern Powerhouse Investment Fund, and Northstar Ventures.