Where is Energy Tower located?

Energy Tower is headquartered in Pasadena, United States.

Is Energy Tower a funded company?

Energy Tower is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Energy Tower rank among its competitors?

Energy Tower ranks 1710th amongst 2011 active competitors, of which 73 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Energy Vault, which secured $136M in Feb, 2026.

Who are the top competitors of Energy Tower?

Energy Tower's top competitors include Iberdrola, Saudi Electricity and Fortum. Among them, Energy Vault secured the most recent funding round in February, 2026.

Energy Tower - 2026 Company Profile & Competitors

Energy Tower is an unfunded company based in Pasadena (United States). It operates as a Developer of gravity-based energy storage structures for utility-scale electricity production. Energy Tower has not raised any funding yet. The company has 2011 active competitors, including 73 funded and 540 that have exited. Its top competitors include companies like Iberdrola, Saudi Electricity and Fortum.

Company Details

Developer of gravity-based energy storage structures for utility-scale electricity production. The company designs skyscraper-sized structures that use gravity and water to convert potential energy to electric energy. This creates a safe battery that extends the productivity of renewable power sources. The solution expedites deployment by circumventing the creation of new generation and grid connection infrastructure.

Key Metrics

Location

Pasadena, United States

Stage

Unfunded

Ranked

1710^th among 2011 active competitors

Similar Companies

Energy Vault & 7 more

View Energy Tower's full profile

Energy Tower has not raised any funding rounds yet.

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Top competitors of Energy Tower include Iberdrola, Saudi Electricity and Fortum. Here is the list of Top 10 competitors of Energy Tower, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Iberdrola 1992, Bilbao (Spain), Public	Provider of integrated solutions and services for energy generation and sustainable development.	-	Qatar Investment Authority, PGGM & 3 others	76/100
2nd	Saudi Electricity 2000, Riyadh (Saudi Arabia), Public	Electric power generator and distributor	-	Citi, MUFG Bank & 9 others	73/100
3rd	Fortum 1998, Espoo (Finland), Public	Provider of clean energy solutions	-	Taaleri, Finnfund & 3 others	73/100
4th	Enel 1996, Rome (Italy), Public	Manufacturer and distributor of electricity and gas	-	B Capital Fund, Itau BBA & 6 others	72/100
5th	Vattenfall 1909, Stockholm (Sweden), Funding Raised	Producer of heat and power generating services	-	Societe Generale, Taaleri & 6 others	71/100
6th	PLN 1945, Jakarta (Indonesia), Funding Raised	Operator of electricity utilites	-	DBS Bank, Mizuho Financial Group & 17 others	70/100
7th	Origin Energy 2000, Sydney (Australia), Public	Energy corporation	-	CVC, Greyrock Investments & 3 others	69/100
8th	Energy Vault 2017, Lugano (Switzerland), Public	Provider of energy storage solutions encompassing battery, gravity, and hydrogen technologies	$110M	SoftBank Vision Fund, CEMEX Ventures & 18 others	69/100
9th	Copel 1954, Curitiba (Brazil), Public	Power generation, transmission, and distribution company	-	-	69/100
10th	FirstEnergy Corp 1997, Akron (United States), Public	Provider of electricity production and distribution services	-	Elliott Management, GIC & 4 others	69/100
1710th	Energy Tower Pasadena (United States), Unfunded	Developer of gravity-based energy storage structures for utility-scale electricity production	-	-	16/100