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.
- Website
- www.terramenthq.com/
Key Metrics
Founded Year
2020
Location
Brooklyn, United States
Stage
Unfunded
Ranked
5th among 13 active competitors
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 ProfileThe founders of Terrament is Eric Chaves. Eric Chaves is the CEO of Terrament.
Here are the details of Terrament's key team members:
- Eric Chaves: Co-Founder & CEO of Terrament. Contact Info: 1 email address
View details of Terrament's Founder profiles and Board Members
Terrament's employee count trend
Terrament has 2 employees as of Apr 26. Here is Terrament's employee count trend over the years:
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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:
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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 | 69/100 | |
2nd | Gravitricity 2011, Edinburgh (United Kingdom), Seed | Provider of gravity-based energy storage system | $6.84M | 57/100 | |
3rd | Green Gravity 2021, Wollongong (Australia), Series A | Developer of gravitational energy storage systems using disused mine shafts | $7.42M | 53/100 | |
4th | Buolectric 2021, Coventry (United Kingdom), Unfunded | Developer of buoyancy-based energy storage system using water reservoirs and buoys | - | - | 24/100 |
5th | Terrament 2020, Brooklyn (United States), Unfunded | Developer of modular underground gravity storage for long-duration energy needs | - | - | 23/100 |
6th | Gravient 2017, Mclean (United States), Unfunded | Provider of gravity-based energy storage solutions | - | - | 22/100 |
7th | ![]() Muntazenergy Prakasam (India), Unfunded | Developer of gravity-based mechanical battery technology for green energy storage | - | - | 16/100 |
8th | ![]() Gravilectric 2020, Unfunded | Developer of technology to produce renewable energy from gravity | - | - | 16/100 |
9th | ![]() AEnergy Power Assago (Italy), Unfunded | Developer of energy regeneration and storage systems for various applications | - | - | 16/100 |
10th | ![]() 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:
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