About Terrafore
Terrafore is a company based in Minneapolis (United States) founded in 2007.. Terrafore operates in a competitive market with competitors including SaltX Technology, Aquion Energy, Halotechnics, UNE and Salgenx, among others.
- Headquarter Minneapolis, United States
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$250 K (USD), Grant
Jun 29, 2020
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Investors
DOE
& 1 more
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Employee Count
Employee Count
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Funding Insights of Terrafore
- Total Funding Total Funding
- Total Rounds 5
- Last Round Grant — $250,000
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First Round
First Round
(22 Sep 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Grant - Terrafore | Valuation |
investors |
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| Sep, 2010 | Amount | Grant - Terrafore | Valuation |
investors |
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| Aug, 2009 | Amount | Grant - Terrafore | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Terrafore
Terrafore has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include DOE and OSTI.GOV. 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 |
|---|---|---|---|---|
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Scientific and technical information is managed and disseminated by OSTI.GOV.
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Founded Year | Domain | Location | |
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Energy sources and policies are managed by the DOE.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Terrafore
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Terrafore
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Terrafore Comparisons
Competitors of Terrafore
Terrafore 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 SaltX Technology, Aquion Energy, Halotechnics, UNE and Salgenx, 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 |
Saltwater-based energy storage for heating and cooling is developed.
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| domain | founded_year | HQ Location |
Aqueous hybrid ion batteries are developed for sustainable energy storage.
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| domain | founded_year | HQ Location |
Enables design of electric vehicles and shares automotive news and tips.
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| domain | founded_year | HQ Location |
Energy storage solutions based on salt batteries are provided.
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| domain | founded_year | HQ Location |
Develops saltwater flow batteries for renewable energy storage and consulting services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Terrafore
When was Terrafore founded?
Terrafore was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Terrafore located?
Terrafore is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
What does Terrafore do?
Terrafore Technologies was founded in 2007 in Minneapolis, United States, within the renewable energy sector. Cost-effective thermal energy storage solutions are developed for concentrated solar power plants. A contract with the United States Department of Energy supported the creation of technologies that reduce storage costs by over 50. Commercialization efforts target CSP developers and investors. TerraCaps enable energy storage in salts with melting points ranging from 300C to 900C.
Who are the top competitors of Terrafore?
Terrafore's top competitors include SaltX Technology, Aquion Energy and BenAn Energy Technology.