When was Energy Vault founded?

Energy Vault was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Where is Energy Vault located?

Energy Vault is headquartered in Lugano, Switzerland. It is registered at 10 SWAN DRIVE,ALDERMASTON,READING,BERKSHIRE,ENGLAND,RG7 4UZ.

Who is the current CEO of Energy Vault?

Robert Piconi of Energy Vault. They have also founded 1 company.

How many employees does Energy Vault have?

As of May 31, 2026, the latest employee count at Energy Vault is 188.

Is Energy Vault a funded company?

Energy Vault is a funded company, having raised a total of $110M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 17, 2019.

When was the latest funding round of Energy Vault?

Energy Vault's latest funding was a $***** Post IPO round on Feb 18, 2026, with participation from 0 investor.

What is the annual revenue of Energy Vault?

Annual revenue of Energy Vault is between $100M and $500M as on Dec 31, 2025

Where does Energy Vault rank among its competitors?

Energy Vault ranks 1st amongst 13 active competitors, of which 2 are funded. It stands 1st 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 Vault?

Energy Vault's top competitors include Gravitricity, Green Gravity and Buolectric. Among them, Energy Vault secured the most recent funding round in February, 2026.

Energy Vault - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of energy storage solutions encompassing battery, gravity, and hydrogen technologies. The company delivers hardware, software, and service solutions designed for scalability, flexibility, and adaptability. Its products include battery energy storage systems, gravity energy storage, and hydrogen energy storage. The company’s software provides real-time monitoring, operational control, and optimized dispatch across an array of energy assets.

Website: www.energyvault.com/
Social
Email ID: *****@energyvault.com
Registered Address: 10 SWAN DRIVE,ALDERMASTON,READING,BERKSHIRE,ENGLAND,RG7 4UZ

Key Metrics

Founded Year

2017

Location

Lugano, Switzerland

Stage

Public

Total Funding

$110M in 8 rounds

Latest Funding Round

Post IPO, Feb 18, 2026, $*****

Investors

CEMEX Ventures & 19 more

Ranked

1^st among 13 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2025

Employee Count

188 as on May 31, 2026

Investment & Acquisitions

KORE Power

Similar Companies

Gravitricity & 6 more

Exit Details

Public

View Energy Vault's full profile

Energy Vault is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ENERGY VAULT HOLDINGS, INC. CIN: 1828536 , United States, Active		$100M - $500M (As on Dec 31, 2025)	-	-
ENERGY VAULT LIMITED CIN: 7434468 , United Kingdom, Active	Nov 08, 2010	$0 - $1M (As on Nov 30, 2024)	1 (As on Nov 30, 2024)
Energy Vault, Inc. CIN: 20218111789 , United States, Active	Nov 24, 2021	-	-	-
Energy Vault AG CIN: 134.914.795 , Switzerland, Active	Jan 01, 2017	-	-	-

Energy Vault got listed on Apr 01, 2021.

Click here to take a look at Energy Vault's IPO in detail

Energy Vault has raised a total funding of $110M over 8 rounds. Its first funding round was on May 17, 2019. Energy Vault has 19 institutional investors and 1 angel investor.

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

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 18, 2026	5445647	Post IPO	3481981	2102151	7124532	8383850
Oct 09, 2025	6113891	Post IPO	1725037	6802502	3013369	OIC
Jan 05, 2022	6380401	Post IPO	1664315	5684019	5830138	Korean Zink

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View details of Energy Vault's funding rounds and investors

The founders of Energy Vault is Robert Piconi. Robert Piconi is the CEO of Energy Vault.

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

Robert Piconi: Co-Founder & CEO of Energy Vault.
Contact Info: 1 email address

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

Energy Vault's employee count trend

Energy Vault has 188 employees as of May 26. Here is Energy Vault's employee count trend over the years:

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Top competitors of Energy Vault include Gravitricity, Green Gravity and Buolectric. Here is the list of Top 10 competitors of Energy Vault, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Energy Vault 2017, Lugano (Switzerland), Public	Provider of energy storage solutions encompassing battery, gravity, and hydrogen technologies	$110M	Goldman Sachs, Invesco & 18 others	69/100
2nd	Gravitricity 2011, Edinburgh (United Kingdom), Seed	Provider of gravity-based energy storage system	$6.84M	Zero Carbon Capital, Gov & 28 others	57/100
3rd	Green Gravity 2021, Wollongong (Australia), Series A	Developer of gravitational energy storage systems using disused mine shafts	$7.42M	HMC Capital, BlueScopeX & 2 others	53/100
4th	Buolectric 2021, Coventry (United Kingdom), Unfunded	Developer of buoyancy-based energy storage system using water reservoirs and buoys	-	-	24/100
5th	Gravient 2017, Mclean (United States), Unfunded	Provider of gravity-based energy storage solutions	-	-	22/100
6th	Terrament 2020, Brooklyn (United States), Unfunded	Developer of modular underground gravity storage for long-duration energy needs	-	-	22/100
7th	Muntazenergy Prakasam (India), Unfunded	Developer of gravity-based mechanical battery technology for green energy storage	-	-	16/100
8th	Gravine Project Ottawa (Canada), Unfunded	Developer of fuelless technology providing reliable electricity for a sustainable future	-	-	16/100
9th	Gravilectric 2020, Unfunded	Developer of technology to produce renewable energy from gravity	-	-	16/100
10th	AEnergy Power Assago (Italy), Unfunded	Developer of energy regeneration and storage systems for various applications	-	-	16/100