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ECO STOR - About the company

ECO STOR is a funded company based in Oslo (Norway), founded in 2018. It operates as a Startup company that designs and manufactures battery storage systems for various applications, repurposing used electric vehicle batteries to provide affordable and sustainable energy storage solutions. ECO STOR has raised an undisclosed amount in funding. The company has 666 active competitors, including 45 funded and 108 that have exited. Its top competitors include companies like Exide, Exide Industries and Saft.

Company Details

ECO STOR is a Norwegian startup that designs and manufactures battery storage systems for various applications, including residential and grid-based energy storage. The company specializes in repurposing used electric vehicle batteries for home and commercial energy storage solutions. ECO STOR's innovative approach enables affordable and sustainable energy storage options, reducing environmental impact and reliance on fossil fuels.
Key Metrics
Founded Year
2018
Location
Oslo, Norway
Stage
Funding Raised
Investors
Ranked
Employee Count
22 as on Sep 30, 2026
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ECO STOR's funding and investors

ECO STOR has raised funding over 2 rounds. Its first funding round was on Jun 01, 2022. Its latest funding round was a Grant (prize money) round on May 01, 2023 for $*****. 1 investor participated in its latest round. ECO STOR has 1 institutional investor.

Here is the list of recent funding rounds of ECO STOR:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 01, 2023
5803171
Grant (prize money)
8952565
2455575
3146466
4728897
Jun 01, 2022
2211586
Grant (prize money)
1990443
9683367
9680424
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ECO STOR's founders and board of directors

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ECO STOR's employee count trend

ECO STOR has 22 employees as of Sep 26. Here is ECO STOR's employee count trend over the years:
Employee count trend for ECO STOR
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ECO STOR's Competitors and alternates

Top competitors of ECO STOR include Exide, Exide Industries and Saft. Here is the list of Top 10 competitors of ECO STOR, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Exide
Exide
1888, Milton (United States), Acquired
Manufacturer & supplier of automotive power storage systems
$408M
59/100
2nd
Logo for Exide Industries
Exide Industries
1947, Kolkata (India), Public
Manufacturer of lead-acid storage batteries
-
56/100
3rd
Logo for Saft
Saft
1913, Levallois Perret (France), Acquired
Manufacturer of lithium-Ion battery
-
-
55/100
4th
Logo for HBL Power Systems
HBL Power Systems
1977, Hyderabad (India), Public
Manufacturers of batteries and DC power systems
-
53/100
5th
Logo for HeyCharge
HeyCharge
2020, Munich (Germany), Seed
Provider of hardware and software solutions for electric vehicle charging
$5M
53/100
6th
Logo for NGK Corporation
NGK Corporation
1919, Nagoya (Japan), Public
Manufacturer of electrical and electronic components
-
-
50/100
7th
Logo for Manika Plastech
Manika Plastech
1996, Mumbai (India), Public
Manufacturer of automotive batteries
-
-
49/100
8th
Logo for Natrion
Natrion
2017, Greenwich (United States), Series B
Provides affordable energy storage solutions
$11M
48/100
9th
Logo for High Energy Batteries
High Energy Batteries
1979, Chennai (India), Public
Manufacturer of multi-type of batteries for military and commercial use
-
-
45/100
10th
Logo for Tavion
Tavion
2026, Stockholm (Sweden), Seed
Developer of utility scale battery energy storage system infrastructure assets
$47.8M
44/100
38th
Logo for ECO STOR
ECO STOR
2018, Oslo (Norway), Funding Raised
Startup company that designs and manufactures battery storage systems for various applications, repurposing used electric vehicle batteries to provide affordable and sustainable energy storage solutions
-
35/100
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ECO STOR's Investments and acquisitions

ECO STOR has made no investments or acquisitions yet.

Reports related to ECO STOR

Here is the latest report on ECO STOR's sector:

News related to ECO STOR

lockFilter this list
Media has covered ECO STOR for a total of 8 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
•
Alpiq Acquires a Third Stationary BatteryGreenUnivers•Aug 25, 2026•Alpiq, ECO STOR, ECO STOR
•
•
Eco Stor Building 'Milestone' 700MWh Germany BESS ProjectEnergy-Storage•Nov 07, 2025•ECO STOR
•
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