OXTO Energy
OXTO Energy Pioneering flywheel energy storage technology with ambitions to transform the energy landscape.
Business Model:
Revenue: $0
Employees: 1-10
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Detailed OXTO Energy Information
Geographic Data
Address:
City: Guildford
State: Surrey
Zip:
Country: United Kingdom
Financial Info
Stage:
seed
Raised Last:
$0
Raised Total:$416k
Social
Metrics
6,370,500Website Global Rank
1,084Website Monthly Traffic
Twitter Followers
Description
OXTO Energy has developed an innovative flywheel energy storage system to enable a sustainable, low-carbon future. A flywheel is considered a mechanical battery that stores kinetic energy in the form of a rotating mass. Designed to work alongside renewable technologies such as wind and solar, the flywheel allows intermittent renewable generation to continue generating, even when the energy is not necessarily required. The excess energy gets stored in OXTO’s steel flywheels and then released when demand increases. This allows for a further uptake of renewable generation and more homes to be supplied with clean, non-polluting energy.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2018 | Seed Round | 1 | - |
Startupbootcamp Australia Startupbootcamp Australia |
6/2022 | Seed Round | 1 | - |
mHUB mHUB |
8/2021 | Debt Financing | 1 | $416.3k |
Enterprise M3 Enterprise M3 |
6/2022 | Seed Round | 1 | - |
mHUB mHUB |
5/2018 | Seed Round | 1 | - |
Startupbootcamp Australia Startupbootcamp Australia |
|---|
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