About Gravitricity
Gravitricity is a company based in Edinburgh (United Kingdom) founded in 2011 by Peter Fraenkel, Charlie Blair, and Martin Wright. Gravitricity has raised $5.8 million across 9 funding rounds from investors including Gov.uk. The company has 15 employees as of September 30, 2024. Gravitricity offers products and services including GraviStore and H2 FlexiStore. Gravitricity operates in a competitive market with competitors including Energy Vault, Green Gravity, Baud Resources and Terrament, among others.
- Headquarter Edinburgh, United Kingdom
- Employees 15 as on 30 Sep, 2024
- Founders Peter Fraenkel, Charlie Blair, Martin Wright
- Stage Minicorn
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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 Gravitricity Limited
- Date of Incorporation 28 Oct, 2011
- Jurisdiction LONDON, UNITED KINGDOM
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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
$5.8 M (USD)
in 9 rounds
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Latest Funding Round
$820.82 K (USD), Seed
Jun 04, 2024
- Investors
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Employee Count
15
as on Sep 30, 2024
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Products & Services of Gravitricity
Gravitricity offers a comprehensive portfolio of products and services, including GraviStore and H2 FlexiStore.
Underground system using gravity for storing renewable energy.
Geological storage for safe, large-scale hydrogen fuel containment.
Funding Insights of Gravitricity
Gravitricity has successfully raised a total of $5.8M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $820.82 thousand completed in June 2024. 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 Gravitricity
Gravitricity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gov.uk.
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Investor details for Gravitricity
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Investments & Acquisitions by Gravitricity
Investment portfolio details for Gravitricity
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Financial Statements - Gravitricity
Detailed financials for Gravitricity
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Gravitricity Comparisons
Peer comparison for Gravitricity
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Competitors of Gravitricity
Gravitricity 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 Energy Vault, Green Gravity, Baud Resources and Terrament, among others.
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Hydro-based energy storage systems are provided for power reliability.
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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 Gravitricity
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Latest news on Gravitricity
Complete news archive for Gravitricity
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Frequently Asked Questions about Gravitricity
Gravitricity was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Gravitricity is headquartered in Edinburgh, United Kingdom. It is registered at Edinburgh, Scotland, United Kingdom.
Gravitricity is a funded company, having raised a total of $5.8M across 9 funding rounds to date.
As of Sep 30, 2024, the latest employee count at Gravitricity is 15.
Gravitricity was founded in 2011 and is based in Edinburgh, United Kingdom. Operations focus on the energy storage sector, where gravity-based systems are utilized to store energy for network-constrained users and distribution networks. Grid services are offered alongside hydrogen-based storage solutions. The companys approach addresses constraints in renewable energy integration through innovative mechanical methods.
Gravitricity's top competitors include Energy Vault, Green Gravity and Baud Resources.
Gravitricity offers GraviStore and H2 FlexiStore.
Gravitricity has 1 investor. Key investors include Gov.uk.
The valuation of Gravitricity is $2.53M as of Oct 2019.