When was CHESSolutions founded?

CHESSolutions was founded in 2025.

Where does CHESSolutions rank among its competitors?

CHESSolutions ranks 16th amongst 16 active competitors, of which 3 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Alternō, which secured an undisclosed amount in May, 2025.

Who are the top competitors of CHESSolutions?

CHESSolutions' top competitors include 1414 Degrees, Polar Night Energy and EnergyNest. Among them, Alternō secured the most recent funding round in May, 2025.

CHESSolutions - 2026 Company Profile & Competitors

Company Details

Provider of clean heat energy storage solutions for industry and heating. The company delivers comprehensive solutions based on patented technology for constructing large-scale, pressurized heat storage units. These solutions integrate with existing renewable energy production technologies. The company focuses on energy transformation within the heating sector, aiming to end reliance on fossil fuels.

Key Metrics

Founded Year

2025

Stage

Unfunded

Ranked

16^th among 16 active competitors

Similar Companies

EnergyNest & 3 more

View CHESSolutions' full profile

CHESSolutions has not raised any funding rounds yet.

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Top competitors of CHESSolutions include 1414 Degrees, Polar Night Energy and EnergyNest. Here is the list of Top 10 competitors of CHESSolutions, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	1414 Degrees 2009, Adelaide (Australia), Public	Developer of thermal energy storage solutions for high-temperature industry applications	-	-	47/100
2nd	Polar Night Energy 2018, Tampere (Finland), Seed	Manufacturer of sand battery based thermal energy storage systems	$8.78M	Turret Oy Ab, Stephen Industries & 4 others	47/100
3rd	EnergyNest 2011, Asker (Norway), Series D	Developer of thermal energy storage systems for industrial heat applications	$131M	Infracapital, Augusta & 3 others	41/100
4th	Baud Resources 2017, Gurugram (India), Funding Raised	Developer of gravity-based energy storage and green hydrogen production systems	-	IIT Mandi Catalyst, FITT & 1 others	36/100
5th	Alternō 2023, Singapore (Singapore), Series A	Manufacturer of sand batteries	$1.5M	Touchstone, UntroD & 5 others	34/100
6th	Kelvin Thermal Energy 2013, Toronto (Canada), Funding Raised	Provider of thermal energy storage systems	-	Cycle Momentum, Inerjys	28/100
7th	Batsand 2022, Riga (Latvia), Unfunded	Provider of thermal batteries for residential heating and cooling using sand	-	-	24/100
8th	Sandbatteri 2023, Hasselby (Sweden), Unfunded	Developer of thermal energy storage solutions using sand-based battery technology	-	-	24/100
9th	GCO Hydrogen Global Energy 2024, Praha (Slovakia), Unfunded	Provider of green hydrogen production, hydrogen derivatives, and energy storage solutions.	-	-	24/100
10th	Sonnenberg 2025, Pretoria (South Africa), Unfunded	Developer of solar thermal storage solutions using sand-based technology	-	-	22/100
16th	CHESSolutions 2025, Unfunded	Provider of clean heat energy storage solutions for industry and heating	-	-	16/100