About Green Gravity
Green Gravity is a company based in Wollongong (Australia) founded in 2021.. 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. Green Gravity operates in a competitive market with competitors including Energy Vault, Gravitricity, Vycon, Revterra and Powerthru, among others.
- Headquarter Wollongong, Australia
-
Sectors
Energy & Utilities
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Green Gravity Energy Pty Ltd
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$7.42 M (USD)
in 2 rounds
-
Latest Funding Round
$6.02 M (USD), Series A
Oct 16, 2024
-
Investors
HMC Capital
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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 Total Funding
- Total Rounds 2
- Last Round Series A — $6.0M
-
First Round
First Round
(25 May 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - Green Gravity | Valuation | HMC Capital , BlueScopeX |
|
| May, 2022 | Amount | Seed - Green Gravity | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
BlueScope X is focused on investing in steel industry innovations.
|
Founded Year | Domain | Location | |
|
Pacific Channel is engaged in deep-tech venture capital investment.
|
Founded Year | Domain | Location | |
|
Alternative assets are managed by HMC Capital in Australia.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Green Gravity
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Green Gravity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Green Gravity Comparisons
Competitors of Green Gravity
Green Gravity 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, Gravitricity, Vycon, Revterra and Powerthru, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hydro-based energy storage systems are provided for power reliability.
|
|
| domain | founded_year | HQ Location |
Gravity-based energy storage systems are provided for grid operators.
|
|
| domain | founded_year | HQ Location |
Flywheel-based energy storage solutions are provided for power backup systems.
|
|
| domain | founded_year | HQ Location |
Flywheel energy storage systems are developed for grid applications.
|
|
| domain | founded_year | HQ Location |
Provider of flywheel energy storage systems
|
|
| domain | founded_year | HQ Location |
Mechanical energy storage solutions are developed for container handling.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Green Gravity
Frequently Asked Questions about Green Gravity
When was Green Gravity founded?
Green Gravity was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Green Gravity located?
Green Gravity is headquartered in Wollongong, Australia. It is registered at Wollongong, New South Wales, Australia.
Is Green Gravity a funded company?
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 25, 2022.
What does Green Gravity do?
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.
Who are the top competitors of Green Gravity?
Green Gravity's top competitors include Energy Vault, Gravitricity and CRESS Systems.
What products or services does Green Gravity offer?
Green Gravity offers Gravity Energy Storage Technology and Weights and Gripper Systems.
Who are Green Gravity's investors?
Green Gravity has 3 investors. Key investors include HMC Capital, BlueScope X, and Pacific Channel.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.