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
Latest Funding Round
Investors
Ranked
38th among 666 active competitors
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 |
View details of ECO STOR's funding rounds and investors
ECO STOR's founders and board of directors
Founder? Claim ProfileECO 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Exide 1888, Milton (United States), Acquired | Manufacturer & supplier of automotive power storage systems | $408M | 59/100 | |
2nd | Exide Industries 1947, Kolkata (India), Public | Manufacturer of lead-acid storage batteries | - | 56/100 | |
3rd | Manufacturer of lithium-Ion battery | - | - | 55/100 | |
4th | HBL Power Systems 1977, Hyderabad (India), Public | Manufacturers of batteries and DC power systems | - | 53/100 | |
5th | Provider of hardware and software solutions for electric vehicle charging | $5M | 53/100 | ||
6th | NGK Corporation 1919, Nagoya (Japan), Public | Manufacturer of electrical and electronic components | - | - | 50/100 |
7th | Manika Plastech 1996, Mumbai (India), Public | Manufacturer of automotive batteries | - | - | 49/100 |
8th | Natrion 2017, Greenwich (United States), Series B | Provides affordable energy storage solutions | $11M | 48/100 | |
9th | High Energy Batteries 1979, Chennai (India), Public | Manufacturer of multi-type of batteries for military and commercial use | - | - | 45/100 |
10th | Developer of utility scale battery energy storage system infrastructure assets | $47.8M | 44/100 | ||
38th | 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 |
Looking for more details on ECO STOR's competitors? Click here to see the top ones
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
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.
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NORD/LB Secures Financing for Pioneering Large-Scale Battery Energy Storage SystemRenewable Energy Magazine•Jan 20, 2026•ECO STOR, Alpiq, NORD LB
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Eco Stor, Alpiq reach tolling deal on 103.5-MW battery in GermanyRenewables Now•Nov 26, 2025•ECO STOR, Alpiq, Enevo Group, Premier Energy Group and 1 other
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Eco Stor breaks ground on 300-MW energy storage system in GermanyRenewables Now•Nov 06, 2025•ECO STOR
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Eco Stor gets transformer for 103.5-MW battery project in GermanyRenewables Now•Sep 01, 2025•ECO STOR
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Eco Stor brings largest battery storage project in Germany online,building Finland projectEnergy-Storage•Jun 06, 2025•ECO STOR
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FID taken for 50-MW Finnish battery to be built by Eco StorRenewables Now•Jun 06, 2025•ECO STOR, A Energi
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Eco Stor seals marketing deal for 103.5-MW German battery projectRenewables Now•Nov 22, 2024•ECO STOR
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