When was Cache Energy founded?

Cache Energy was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Cache Energy located?

Cache Energy is headquartered in Champaign, United States.

How many employees does Cache Energy have?

As of Jun 30, 2026, the latest employee count at Cache Energy is 13.

Is Cache Energy a funded company?

Cache Energy is a funded company, having raised a total of $8.5M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2021.

When was the latest funding round of Cache Energy?

Cache Energy's latest funding was a $***** Seed round on Jun 20, 2024, with participation from 8 investors. Its primary sector is Energy Storage Tech. In United States, the Energy Storage Tech sector has seen $2.92B in funding in 2026 to date.

Where does Cache Energy rank among its competitors?

Cache Energy ranks 34th amongst 448 active competitors, of which 59 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Eddy Grid, which secured $7.56M in May, 2026.

Who are the top competitors of Cache Energy?

Cache Energy's top competitors include Wartsila, Alsym Energy and Statcon Energiaa. Among them, Eddy Grid secured the most recent funding round in May, 2026.

Cache Energy - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of ultra-long duration thermal energy storage for electrified heat. The technology features a simple design with no moving parts in the charger or discharger. It offers flexibility, enabling storage from hourly to annually, providing resiliency, and tunable output temperature. The fuel material is stable, abundant, and does not react to flame, heat, or cold, allowing for room temperature storage. The system unfolds and sets up quickly and can integrate into existing processes. The fuel can be transported for charging and discharging at different locations.

Key Metrics

Founded Year

2021

Location

Champaign, United States

Stage

Seed

Total Funding

$8.5M in 4 rounds

Latest Funding Round

Seed, Jun 20, 2024, $*****

Investors

Unshackled Ventures & 8 more

Ranked

34^th among 448 active competitors

Employee Count

13 as on Jun 30, 2026

Similar Companies

Wartsila & 486 more

View Cache Energy's full profile

Cache Energy has raised a total funding of $8.5M over 4 rounds. Its first funding round was on 2021. Its latest funding round was a Seed round on Jun 20, 2024 for $*****. 8 investors participated in its latest round. Cache Energy has 9 institutional investors.

Here is the list of recent funding rounds of Cache Energy:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 20, 2024	5182687	Seed	7061674	7110226	3541319	2029338
Jun 27, 2023	1060370	Seed	2722804	5940035	7604671	7726583
Sep 01, 2022	6567580	Seed	3784737	8366050	8383746	Evergreen Climate Innovations

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View details of Cache Energy's funding rounds and investors

The founders of Cache Energy is Arpit Dwivedi.

Here are the details of Cache Energy's key team members:

Arpit Dwivedi: Founder of Cache Energy.
Contact Info: 1 email address

View details of Cache Energy's Founder profiles and Board Members

Cache Energy's employee count trend

Cache Energy has 13 employees as of Jun 26. Here is Cache Energy's employee count trend over the years:

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Top competitors of Cache Energy include Wartsila, Alsym Energy and Statcon Energiaa. Here is the list of Top 10 competitors of Cache Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wartsila 1834, Vaasa (Finland), Acquired	Provider of technologies and lifecycle solutions for the marine and energy markets	-	BlackRock, Investor & 2 others	73/100
2nd	Alsym Energy 2015, Woburn (United States), Series B	Provider of non-flammable battery solutions	$104M	General Catalyst, Tata Group & 5 others	64/100
3rd	Statcon Energiaa 1991, Noida (India), Acquired	Vertically integrated company that manufactures solar power electronics and provides solar EPC services	-	-	62/100
4th	Connected Energy 2010, Newcastle Upon Tyne (United Kingdom), Series B	Provider of battery energy storage systems for various industries	$36.4M	Macquarie, Engie & 13 others	57/100
5th	On.Energy 2016, Miami (United States), Series B	Developer of energy storage technologies	$20M	Ultra Capital, Lombard Odier & 1 others	55/100
6th	Newen Systems 2020, Vadodara (India), Funding Raised	Provider of battery energy storage systems and power electronics solutions	-	TPG, Norfund	55/100
7th	Viridi Parente 2009, Buffalo (United States), Series C	Manufacturer of modular lithium-ion battery energy storage systems for various applications	$115M	National Grid Partners, Ashtead Group & 1 others	55/100
8th	Saft 1913, Levallois Perret (France), Acquired	Manufacturer of lithium-Ion battery	-	-	55/100
9th	Eddy Grid 2023, Utrecht (Netherlands), Series A	Provider of energy storage solution	$9.2M	Rockstart, Volve & 5 others	53/100
10th	Gamesa Electric 2004, Zamudio (Spain), Acquired	Manufacturer of electrical equipment across various sectors	-	Europa	52/100
34th	Cache Energy 2021, Champaign (United States), Seed	Developer of ultra-long duration thermal energy storage for electrified heat	$8.5M	MUUS Climate Partners, Evergreen Climate Innovations ... & 7 others	42/100