About Energy Storage
There are 3.17K companies in the Energy Storage sector across the world, with 317 funded companies having collectively raised $2.73B in venture capital money and private equity. Overall 241 of these are Series A+ funded.
Energy Storage sector has seen 124 acquisitions and 74 IPOs. This represents almost 6.3% of all such companies - which is higher than the 3.8% exit rate of tech companies in general.
This sector includes physical facilities, physical infrastructure, systems, and grid-connected equipment designed to physically capture, store, and discharge electrical or mechanical energy for utility-scale or localized use.
Energy Storage sector is also known as Smart Grid Energy Storage, Power Networks Energy Storage or Energy Grid Energy Storage.
Companies included in Energy Storage sector
Includes automated grid load telemetry layers, wholesale energy spot-trading portals, battery energy storage management software (BEMS), and structural project financing tools.Companies excluded in Energy Storage sector
Excludes household retail electricity brokers, residential consumer home backup batteries, physical manual line workers, and standalone fossil fuel mines.Market Map of Energy Storage
The market map of Energy Storage gives a visual overview of the sector, showing key business models, their interactions in the value chain, and industry evolution.
Reports related to Energy Storage
Here are some reports related to Energy Storage sector:
Free
Energy Storage - Sector Report
Edition: October, 2026 (54 Pages)Premium
Energy Storage Investor Landscape
Edition: May, 2025 (12 Pages)Premium
Energy Storage Exit Landscape
Edition: August, 2025 (13 Pages)
View all reports related to Energy Storage. Sign up today!Top Companies in Energy Storage
There are more than 3.17K companies in Energy Storage. Bhilwara Energy is the top Energy Storage company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Energy Storage companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of renewable energy solutions and power consultancy services | Noida (India) | 2006 | Series C | $163M | |
Manufacturer & supplier of automotive power storage systems | Milton (United States) | 1888 | Acquired | $408M | |
Manufacturer of lithium-Ion battery | Levallois Perret (France) | 1913 | Acquired | - | |
Operator of mining complexes focused on copper and mineral production | Vancouver (Canada) | 2016 | Public | $14.5M | |
Manufacturer of lead-acid storage batteries | Kolkata (India) | 1947 | Public | - |
Companies founded year-on-year in the Energy Storage sector
6 new startups have been founded so far in 2026 in the Energy Storage sector. 111 Energy Storage startups were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 6 |
2025 | 15 |
2024 | 15 |
2023 | 23 |
2022 | 59 |
2021 | 111 |
2020 | 106 |
2019 | 90 |
2018 | 70 |
2017 | 73 |
Companies founded across countries in the Energy Storage sector
China has 572 Energy Storage startups, the most by any country, followed by United States which has 435 startups and India which has 428.
- Total Number of Companies
Country | No. of companies |
|---|---|
China | 572 |
United States | 435 |
India | 428 |
United Kingdom | 143 |
Germany | 113 |
Canada | 75 |
Australia | 68 |
France | 34 |
South Africa | 34 |
South Korea | 29 |
Stage-wise distribution of the Energy Storage sector
Out of the total 3,166 Energy Storage companies, 317 have secured funding. Among them, 241 have reached Series A or higher, and 214 to Series B or beyond.
Founded - 3,166
Funded - 317
Series A+ - 241
Series B+ - 214
Series C+ - 206
Company Stage | No. of companies |
|---|---|
Founded | 3,166 |
Funded | 317 |
Series A+ | 241 |
Series B+ | 214 |
Series C+ | 206 |
Want to know more about Energy Storage ? Signup and explore Tracxn for free
- 3.2K+ Total Companies
- $2.73B+ Total Funding
- 315+ Funded Companies
- 70+ IPOs
- 120+ Acquisitions
Funding Trends in the Energy Storage sector
Total funding year-on-year in the Energy Storage sector
The Energy Storage sector saw a total funding of more than $1.68B in the last 10 years. The most amount of funding was in 2019 at more than $573M. There has been a total funding of $150M in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $150M |
2025 | $145M |
2024 | $89.3M |
2023 | $123M |
2022 | $403M |
2021 | $129M |
2020 | $28.8M |
2019 | $573M |
2018 | $15.8M |
2017 | $27.1M |
Total funding across countries in the Energy Storage sector
In the last 10 years, Energy Storage startups in United States have recieved the highest funding among all countries - $642M. Canada follows with $177M and China with $66M.
- Total Funding
Country | Total Funding |
|---|---|
United States | $642M |
Canada | $177M |
China | $66M |
India | $62.5M |
United Kingdom | $55.8M |
Germany | $16.8M |
Australia | $10.2M |
Japan | $6.73M |
Italy | $1.32M |
Spain | $1.25M |
Total funding amount raised by stage in the Energy Storage sector
Over the last 10 years, the Energy Storage sector have seen $104M into Seed Stage funding rounds, $89.6M into Early Stage funding rounds and $507M go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Debt | $637M |
Late Stage | $507M |
Post IPO | $170M |
Seed Stage | $104M |
Early Stage | $89.6M |
Grant | $80.8M |
PE | $70.7M |
Recent Funding Rounds in Energy Storage
In the year 2026, till September 2026, Energy Storage companies have raised $63.1M in equity funding across 8 rounds.
In the same period last year (i.e. till July 2025), Energy Storage companies had raised $64.5M across 3 rounds.
So, 2026 has seen a 2.15% drop in funding in Energy Storage companies as compared to 2025.
Here are some recent, important funding rounds in Energy Storage:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 3770 | Sep 10, 2026 | and 1 more | |
Seed | 9728 | Sep 10, 2026 | ||
Seed | 5379 | Jul 10, 2026 | - | |
Series B | 6480 | May 21, 2026 | ||
Seed | 3981 | May 11, 2026 |
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Top Investors in Energy Storage
Europa is the top investor in Energy Storage companies based on number of companies invested.
Here are some top investors in Energy Storage:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Oak Ridge (United States) | ||
Arlington (United States) | ||
Palo Alto (United States) | ||
San Francisco (United States) |
M&A activity in Energy Storage
In the year 2026, till May 2026, 3 acquisitions happened in Energy Storage sector. Last year, in 2025, a total of 7 acquisitions happened in Energy Storage sector.
Here are some recent, important acquisitions in Energy Storage:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 18, 2026 | ||
Business Acquisition | May 05, 2026 | ||
Business Acquisition | Apr 20, 2026 | ||
Business Acquisition | Nov 12, 2025 | ||
Business Acquisition | Jun 18, 2025 |
Acquisition trends in Energy Storage
Here are the acquisition trends in Energy Storage:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 3 |
2025 | 7 |
2024 | 6 |
2023 | 15 |
2022 | 26 |
2021 | 13 |
2020 | 8 |
2019 | 15 |
2018 | 3 |
2017 | 5 |
IPOs in Energy Storage
In the year 2024, till October 2024, 1 IPO happened in Energy Storage sector.
Here are some recent, important IPOs in Energy Storage:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Oct 25, 2024 | Frankfurt Stock Exchange (FRA) | |
Dec 18, 2023 | Hong Kong Exchanges (HKG) | |
Dec 05, 2023 | Hong Kong Exchanges (HKG) | |
Aug 17, 2023 | Shenzhen Stock Exchange (SZSE) | |
Jul 14, 2023 | Korea Exchange (KRX) |
Colleges which produce the most Energy Storage companies
Companies founded by alumni from top colleges in the Energy Storage sector
Most number of Energy Storage startups have been founded by alumni from Cornell University, Massachusetts Institute of Technology and Yale University.
College | No. of companies |
|---|---|
Cornell University | 2 |
Massachusetts Institute of Technology | 2 |
Yale University | 2 |
Anna University | 1 |
Columbia Business School | 1 |
Columbia University | 1 |
Copenhagen Business School | 1 |
Harvard Business School | 1 |
Hong Kong University of Science and Technology (HKUST) | 1 |
IIT Bombay | 1 |
Total funding in companies founded by alumni from top colleges in the the Energy Storage sector
In the last 10 years, Cornell University graduates' Energy Storage companies have raised the most funding among top colleges. Massachusetts Institute of Technology alumni are second, and Imperial College London alumni are third.
College | Total Funding |
|---|---|
Cornell University | $120M |
Massachusetts Institute of Technology | $3.12M |
Imperial College London | $2M |
University of Manchester | $2M |
Anna University | - |
Columbia Business School | - |
Columbia University | - |
Copenhagen Business School | - |
Harvard Business School | - |
Hong Kong University of Science and Technology (HKUST) | - |
Top News in Energy Storage
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Saft starts solid-state battery production in BordeauxEvertiq•Oct 21, 2026•Saft, TotalEnergies, Enertrag, Axpo
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Exide Launches Modular 125 kW/261 kWh Battery for Commercial and Industrial Applicationspv magazine•Oct 13, 2026•Exide
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Alpine Power Systems Achieves CMMC 2.0 Level 2 CompliancePR Newswire•Jul 21, 2026•Alpine Power Systems
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Nevada Lithium Resources Announces Engagement of Arrowhead Business and Investment Decisions, LLCJuniorminingnetwork•Jul 21, 2026•Nevada Lithium
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Exide Technologies Launches New TPPL Battery Range for Critical Backup PowerBatteriesnews•Jul 04, 2026•Exide
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Alpine Power Systems Expands to St. Louis with New Operation & FacilityMiningstockeducation•Apr 21, 2026•Alpine Power Systems
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Accupower Introduces First Austrian Sodium-Ion Home Storage SystemTrending Topics•Feb 26, 2026•AccuPower
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B2U Storage Solutions Prepares Second Financing FundRenewables Now•Feb 18, 2026•B2U Storage Solutions
