When was Innovatium founded?

Innovatium was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Where is Innovatium located?

Innovatium is headquartered in Glasgow, United Kingdom. It is registered at TORUS BUILDING RANKINE AVENUE,EAST KILBRIDE,GLASGOW,SCOTLAND,G75 0QF.

How many employees does Innovatium have?

As of Aug 31, 2026, the latest employee count at Innovatium is 11.

Is Innovatium a funded company?

Innovatium is a funded company, having raised a total of $5.22M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 21, 2022.

When was the latest funding round of Innovatium?

Innovatium's latest funding was a $***** Series A round on Jul 15, 2025, with participation from 1 investor. Its primary sector is Energy Storage Tech. In United Kingdom, the Energy Storage Tech sector has seen $292M in funding in 2026 to date.

Where does Innovatium rank among its competitors?

Innovatium ranks 8th amongst 29 active competitors, of which 7 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Energy Dome, which secured an undisclosed amount in Jul, 2025.

Who are the top competitors of Innovatium?

Innovatium's top competitors include Energy Dome, Highview Power and 1414 Degrees. Among them, Energy Dome secured the most recent funding round in July, 2025.

Innovatium - 2026 Company Profile, Funding, Competitors & Financials

Innovatium is a series A company based in Glasgow (United Kingdom), founded in 2017. It operates as a Developer of compressor integrated energy storage systems for industrial applications. These systems combine compressed air production with energy storage, resulting in significant energy savings and providing backup power. The technology operates at cryogenic temperatures and offers substantially increased air storage capacity compared to traditional methods. The systems are designed to reduce energy consumption and carbon emissions for industrial clients.. Innovatium has raised $5.22M in funding from Scottish Enterprise and Kelvin Capital. The company has 29 active competitors, including 7 funded and 1 that has exited. Its top competitors include companies like Energy Dome, Highview Power and 1414 Degrees.

Company Details

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Website: innovatium.co.uk
Social
Email ID: *****@innovatium.co.uk
Phone Number: +44 **********
Registered Address: TORUS BUILDING RANKINE AVENUE,EAST KILBRIDE,GLASGOW,SCOTLAND,G75 0QF

Key Metrics

Founded Year

2017

Location

Glasgow, United Kingdom

Stage

Series A

Total Funding

$5.22M in 2 rounds

Latest Funding Round

Series A, Jul 15, 2025, $*****

Investors

Scottish Enterprise & 3 more

Ranked

8^th among 29 active competitors

Employee Count

11 as on Aug 31, 2026

Similar Companies

Highview Power & 12 more

View Innovatium's full profile

Innovatium is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
INNOVATIUM GROUP LIMITED CIN: SC689285 , United Kingdom, Active	Feb 15, 2021	-	10 (As on Dec 31, 2024)

Innovatium has raised a total funding of $5.22M over 2 rounds. Its first funding round was on Mar 21, 2022. Its latest funding round was a Series A round on Jul 15, 2025 for $*****. 1 investor participated in its latest round. Innovatium has 4 institutional investors.

Here is the list of recent funding rounds of Innovatium:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 15, 2025	5934105	Series A	1051518	4970832	6802458	5284807
Mar 21, 2022	9559812	Seed	5433492	8418312	Kelvin Capital & 1 more	8720305

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Innovatium's employee count trend

Innovatium has 11 employees as of Aug 26. Here is Innovatium's employee count trend over the years:

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Top competitors of Innovatium include Energy Dome, Highview Power and 1414 Degrees. Here is the list of Top 10 competitors of Innovatium, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Energy Dome 2020, Milano (Italy), Series C	Provider of CO2-based energy storage solutions	$82.9M	360 Capital Partners, CDP Venture Capital ... & 14 others	59/100
2nd	Highview Power 2005, London (United Kingdom), Series C	Developer of liquid air energy storage solutions	$143M	Sumitomo Heavy Industries, JCG & 17 others	53/100
3rd	1414 Degrees 2009, Adelaide (Australia), Public	Developer of thermal energy storage solutions for high-temperature industry applications	-	-	47/100
4th	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
5th	phelas 2020, Gilching (Germany), Seed	Offering solutions for liquid air storage	$5.15M	E44 Ventures, Axon Partners Group & 5 others	39/100
6th	Baud Resources 2017, Gurugram (India), Funding Raised	Developer of gravity-based energy storage and green hydrogen production systems	-	IIT Mandi Catalyst, FITT & 1 others	37/100
7th	Alternō 2023, Singapore (Singapore), Series A	Manufacturer of sand batteries	$1.5M	Touchstone, UntroD & 5 others	34/100
8th	Innovatium 2017, Glasgow (United Kingdom), Series A	Developer of compressor integrated energy storage systems for industrial applications. These systems combine compressed air production with energy storage, resulting in significant energy savings and providing backup power. The technology operates at cryogenic temperatures and offers substantially increased air storage capacity compared to traditional methods. The systems are designed to reduce energy consumption and carbon emissions for industrial clients.	$5.22M	Scottish Enterprise, The Scottish National Investment Bank ... & 2 others	33/100
9th	Juan Energy Storage Wuhan Technology 2021, Wuhan (China), Seed	Provider of solutions for liquid flow energy storage system	$1.45M	Unity Ventures	25/100
10th	Batsand 2022, Riga (Latvia), Unfunded	Provider of thermal batteries for residential heating and cooling using sand	-	-	24/100