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Terrament - About the company

Terrament is an unfunded company based in Brooklyn (United States), founded in 2020 by Eric Chaves. It operates as a Developer of modular underground gravity storage for long-duration energy needs. Terrament has not raised any funding yet. The company has 13 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like Energy Vault, Gravitricity and Green Gravity.

Company Details

Developer of modular underground gravity storage for long-duration energy needs. The company's system uses established technologies, including motor/generators and mile-deep mine shafts. The system does not depend on critical minerals or chemical batteries. The company has received grant funding to support research validation of its technology. The company has been accepted into accelerator programs.
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Key Metrics
Founded Year
2020
Location
Brooklyn, United States
Stage
Unfunded
Ranked
Employee Count
2 as on Apr 30, 2026
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Terrament's funding and investors

Terrament has not raised any funding rounds yet.

Terrament's founders and board of directors

Founder? Claim Profile
The founders of Terrament is Eric Chaves. Eric Chaves is the CEO of Terrament.
Here are the details of Terrament's key team members:

Terrament's employee count trend

Terrament has 2 employees as of Apr 26. Here is Terrament's employee count trend over the years:
Employee count trend for Terrament
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Terrament's Competitors and alternates

Top competitors of Terrament include Energy Vault, Gravitricity and Green Gravity. Here is the list of Top 10 competitors of Terrament, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Energy Vault
Energy Vault
2017, Lugano (Switzerland), Public
Provider of energy storage solutions encompassing battery, gravity, and hydrogen technologies
$110M
69/100
2nd
Logo for Gravitricity
Gravitricity
2011, Edinburgh (United Kingdom), Seed
Provider of gravity-based energy storage system
$6.84M
57/100
3rd
Logo for Green Gravity
Green Gravity
2021, Wollongong (Australia), Series A
Developer of gravitational energy storage systems using disused mine shafts
$7.42M
53/100
4th
Logo for Buolectric
Buolectric
2021, Coventry (United Kingdom), Unfunded
Developer of buoyancy-based energy storage system using water reservoirs and buoys
-
-
24/100
5th
Logo for Terrament
Terrament
2020, Brooklyn (United States), Unfunded
Developer of modular underground gravity storage for long-duration energy needs
-
-
23/100
6th
Logo for Gravient
Gravient
2017, Mclean (United States), Unfunded
Provider of gravity-based energy storage solutions
-
-
22/100
7th
Logo for Muntazenergy
Muntazenergy
Prakasam (India), Unfunded
Developer of gravity-based mechanical battery technology for green energy storage
-
-
16/100
8th
Logo for Gravilectric
Gravilectric
2020, Unfunded
Developer of technology to produce renewable energy from gravity
-
-
16/100
9th
Logo for AEnergy Power
AEnergy Power
Assago (Italy), Unfunded
Developer of energy regeneration and storage systems for various applications
-
-
16/100
10th
Logo for Energy Tower
Energy Tower
Pasadena (United States), Unfunded
Developer of gravity-based energy storage structures for utility-scale electricity production
-
-
16/100
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Terrament's Investments and acquisitions

Terrament has made no investments or acquisitions yet.

Reports related to Terrament

Here is the latest report on Terrament's geography:

FAQs about Terrament

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