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Augwind - About the company

Augwind is a funded company based in Rehovot (Israel), founded in 2012 by Or Yogev. It operates as a Compressed Air storage provider. Augwind has raised an undisclosed amount in funding. The company has 232 active competitors, including 59 funded and 14 that have exited. Its top competitors include companies like Northvolt, Form Energy and Amperehour Solar Technology.

Company Details

Augwind is a provider of underground compressed air storage systems for industries. The company has developed an elastic underground tank that provides high volume of storage at high pressure. Using the tank as a buffer between the compressors and machinery ensures a stable air pressure, besides this, due to time shift use, the load of compressors can be shifted to off-peak hours, thus reducing compressor idle modes and lower operating pressure, resulting in lower power costs.
Key Metrics
Founded Year
2012
Location
Rehovot, Israel
Stage
Funding Raised
Ranked
Employee Count
26 as on May 31, 2026
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Augwind's funding and investors

Augwind has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jan 19, 2016 for $*****. 1 investor participated in its latest round. Augwind has 2 institutional investors.

Here is the list of recent funding rounds of Augwind:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 19, 2016
5920564
Grant (prize money)
2197933
3948008
9813958
9812716
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Augwind's founders and board of directors

Founder? Claim Profile
The founders of Augwind is Or Yogev.
Here are the details of Augwind's key team members:

Augwind's employee count trend

Augwind has 26 employees as of May 26. Here is Augwind's employee count trend over the years:
Employee count trend for Augwind
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Augwind's Competitors and alternates

Top competitors of Augwind include Northvolt, Form Energy and Amperehour Solar Technology. Here is the list of Top 10 competitors of Augwind, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Northvolt
Northvolt
Stockholm (Sweden), Acquired
Manufacturer of lithium-ion batteries for electric vehicles
$9B
71/100
2nd
Logo for Form Energy
Form Energy
2017, Somerville (United States), Series G
Clean energy technology platform developing long-duration iron-air battery systems
$2B
69/100
3rd
Logo for Amperehour Solar Technology
Amperehour Solar Technology
2017, Pune (India), Series A
Provider of energy storage systems and energy management platform solutions
$7.45M
68/100
4th
Logo for PowerX
PowerX
2021, Minato (Japan), Public
Manufacturer of stationary battery storage systems and related energy services
$129M
64/100
5th
Logo for Noon
Noon
2018, Palo Alto (United States), Series A
Provider of solutions for flow batteries
$31M
64/100
6th
Logo for KORE Power
KORE Power
2018, Idaho Falls (United States), Acquired
Developer of battery cells, energy storage systems, and e-mobility solutions
$75.1M
61/100
7th
Logo for Hydrostor
Hydrostor
2010, Toronto (Canada), Series E
Developer of advanced compressed air energy storage for grid applications
$795M
60/100
8th
Logo for Field Energy
Field Energy
2020, London (United Kingdom), Series D
Developer of battery storage systems for renewable energy grid infrastructure
$295M
59/100
9th
Logo for REPLUS Engitech
REPLUS Engitech
2018, Pune (India), Funding Raised
Provider of lithium-ion battery and energy storage solutions
-
58/100
10th
Logo for Amber Kinetics
Amber Kinetics
2009, Union City (United States), Series C
Innovative flywheel energy storage systems for a sustainable energy future
$25M
58/100
23rd
Logo for Augwind
Augwind
2012, Rehovot (Israel), Funding Raised
Compressed Air storage provider
-
50/100
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Augwind's Investments and acquisitions

Augwind has made no investments or acquisitions yet.

Reports related to Augwind

Here is the latest report on Augwind's sector:

News related to Augwind

Media has covered Augwind for a total of 5 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
•
Airengy eyes €51m Poland hybrid portfolioReNEWS•Apr 20, 2026•Augwind
•
Augwind Changes Its Name to AirengyMedia Bulletins•Feb 04, 2026•Augwind
•
Augwind Names Oren Helman as New Board MemberMiningstockeducation•Nov 21, 2024•Augwind
•
Augwind’s compressed air tech for renewables storagepv magazine•Feb 11, 2021•Augwind
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