About Energy Vault
Energy Vault is a company based in Lugano (Switzerland) founded in 2017 by Robert Piconi and Andrea Pedretti. Energy Vault has raised $110 million across 8 funding rounds from investors including Korean Zink, SoftBank Vision Fund and Helena. The company has 163 employees as of December 31, 2024. Energy Vault offers products and services including B-VAULT™, G-VAULT™, H-VAULT™, and VaultOS™. Energy Vault operates in a competitive market with competitors including Gravitricity, Green Gravity, Baud Resources and Terrament, among others.
- Headquarter Lugano, Switzerland
- Employees 163 as on 31 Dec, 2024
- Founders Robert Piconi, Andrea Pedretti
- Stage Public
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Energy Vault Holdings, Inc.
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Annual Revenue
$46.2 M (USD)-86.47as on Dec 31, 2024
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Net Profit
-$135.75 M (USD)-37.9as on Dec 31, 2024
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EBITDA
-$127.04 M (USD)-20.03as on Dec 31, 2024
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Total Equity Funding
$110 M (USD)
in 8 rounds
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Latest Funding Round
$135.5 M (USD), Post-IPO
Feb 18, 2026
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Investors
Korean Zink
& 10 more
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Employee Count
163
as on Dec 31, 2024
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IPO & Listings of Energy Vault
Energy Vault is a publicly listed company on the NYSE with ticker symbol NRGV in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Energy Vault
Energy Vault offers a comprehensive portfolio of products and services, including B-VAULT™, G-VAULT™, H-VAULT™, and VaultOS™.
Lithium-ion system for reliable energy storage and grid support.
Gravity-based technology for decoupling power and energy needs.
Hydrogen system for multi-day resilience in critical infrastructure.
Software for real-time monitoring and optimization of energy assets.
People of Energy Vault
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Software Development Team
18 people
Leadership Team
13 people
Finance and Accounting
8 people
Sales and Marketing
3 people
Human Resources and Administration
3 people
Data Analysis and Operations Team
3 people
Senior Team
3 people
Principal Team
2 people
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Funding Insights of Energy Vault
Energy Vault has successfully raised a total of $110M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $135.5 million completed in February 2026. 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 Energy Vault
Energy Vault has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Korean Zink, SoftBank Vision Fund and Helena.
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Venture capital investments in technology and startups.
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Startups in diverse technology sectors are incubated by Idealab.
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Pickering Energy Partners is engaged in energy-focused financial services.
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Investor details for Energy Vault
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Investments & Acquisitions by Energy Vault
Investment portfolio details for Energy Vault
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Financial Statements - Energy Vault
Detailed financials for Energy Vault
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Energy Vault Comparisons
Peer comparison for Energy Vault
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Competitors of Energy Vault
Energy Vault 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 Gravitricity, Green Gravity, Baud Resources and Terrament, among others.
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Gravity-based energy storage systems are provided for grid operators.
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Gravity-based energy storage solutions are provided using mine shafts.
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Gravity-based energy storage and green hydrogen systems are developed.
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Provides comprehensive modular underground gravity storage solutions for various needs.
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Detailed competitors of Energy Vault
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Latest news on Energy Vault
Complete news archive for Energy Vault
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Frequently Asked Questions about Energy Vault
Energy Vault was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Energy Vault is headquartered in Lugano, Switzerland. It is registered at Lugano, Ticino, Switzerland.
Robert Piconi is the current CEO of Energy Vault. They have also founded this company.
Energy Vault is a funded company, having raised a total of $110M across 8 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Energy Vault is 163.
Annual revenue of Energy Vault is $46.2M as on Dec 31, 2024.
Energy Vault was founded in 2017 in Lugano, Switzerland, within the energy storage sector. Customized short- and long-duration solutions are delivered through proprietary gravity, battery, and green hydrogen technologies. Operations focus on integrating eco-friendly materials, including waste, to support reduced energy costs and reliable power for customers across various regions. Hardware systems are designed to address diverse storage needs in the renewable energy field.
Energy Vault's top competitors include Gravitricity, Green Gravity and Baud Resources.
Energy Vault offers B-VAULT™, G-VAULT™, H-VAULT™, and VaultOS™.
Yes, Energy Vault is publicly traded on NYSE under the ticker symbol NRGV.
Energy Vault has 11 investors. Key investors include Korean Zink, SoftBank Vision Fund, Helena, Prime Movers Lab, and Helena Capital Partners.
The ticker symbol of Energy Vault is NRGV on NYSE.