About Green Gravity
Green Gravity is an Energy & Utilities company based in Wollongong (Australia) founded in 2021. Gravity-based energy storage solutions are provided using mine shafts. Green Gravity has raised $7.42 million across 2 funding rounds from investors including HMC Capital, BlueScope X and Pacific Channel. Green Gravity offers products and services including Gravity Energy Storage Technology and Weights and Gripper Systems. Its focus areas include Energy Tech, Renewable Energy Tech, Horizontal and Energy Storage. Its legal entity is GREEN GRAVITY ENERGY PTY LTD.
Company details
Green Gravity was founded in 2021 and is based in Wollongong, Australia. Operations focus on the renewable energy sector, where an energy storage system is utilized to move heavy weights vertically within mine shafts. Gravitational potential energy is captured during elevation and released to generate power as needed. This approach supports grid stability and renewable integration in the energy storage field.
- Headquarters Wollongong, Australia
- SectorsEnergy & Utilities
- Email••••••••
- Website greengravity.com
- Social LinkedIn X Facebook Instagram
- Legal Name Green Gravity Energy Pty Ltd
- Total Equity Funding$7.42M (USD)
in 2 rounds
- Latest Funding Round$6.02M (USD), Series A
Oct 2024
- InvestorsHMC Capital
& 2 more
Products & Services of Green Gravity
Green Gravity offers a comprehensive portfolio of products and services, including Gravity Energy Storage Technology and Weights and Gripper Systems.
Stores renewable energy by moving weights in mine shafts
Critical components for commercial energy storage operations
Funding Insights of Green Gravity
Green Gravity has successfully raised a total of $7.42M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.02 million completed in October 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.
- Total Funding $7.42M
- Total Rounds 2
- Last Round Series A — $6.02M
- First Round $1.4M
(May 2022)
- Investors Count 3
All 2 funding rounds of Green Gravity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $6.02M | Series A | – | HMC Capital, BlueScopeX | – |
| May 2022 | $1.4M | Seed | – | – | – |
3 investors in total: 3 institutional.
Investors in Green Gravity
Green Gravity has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include HMC Capital, BlueScope X and Pacific Channel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
BlueScope X is focused on investing in steel industry innovations. | bluescopex.io | |||
Pacific Channel is engaged in deep-tech venture capital investment. | pacificchannel.com | Auckland, New Zealand | ||
Alternative assets are managed by HMC Capital in Australia. | 2016 | hmccapital.com.au | Sydney, Australia |
Investor details for Green Gravity
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Green Gravity
3 dated milestones of Green Gravity across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Green Gravity is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Series A, of $6.0M.
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Frequently Asked Questions about Green Gravity
Green Gravity was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Green Gravity is headquartered in Wollongong, Australia. It is registered at Wollongong, New South Wales, Australia.
Green Gravity is a funded company, having raised a total of $7.42M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.4M, raised on May 2022.
Green Gravity was founded in 2021 and is based in Wollongong, Australia. Operations focus on the renewable energy sector, where an energy storage system is utilized to move heavy weights vertically within mine shafts. Gravitational potential energy is captured during elevation and released to generate power as needed. This approach supports grid stability and renewable integration in the energy storage field.
Green Gravity offers Gravity Energy Storage Technology and Weights and Gripper Systems.
Green Gravity has 3 investors. Key investors include HMC Capital, BlueScope X, and Pacific Channel.
Green Gravity operates through Green Gravity Energy Pty Ltd.