Information on the Target
VoltStorage GmbH, founded in 2016 and based in Munich, is a technology startup specializing in battery solutions, employing a team of over 50 employees. The company has developed sustainable home storage systems based on innovative redox-flow technology. With an increasing demand for long-term storage solutions for commercial clients and the energy sector, VoltStorage has shifted its focus since 2021 to expand its offerings to meet these emerging needs.
The company's redox-flow technology utilizes iron-based materials to provide battery storage solutions that surpass traditional lithium-ion options in cost-effectiveness. This strategic shift is essential to address the industry's move towards renewable energy and reduce reliance on fossil fuels, as VoltStorage aims to make renewables available around the clock.
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Industry Overview in Germany
Germany's energy sector is undergoing a significant transformation driven by the push for decarbonization. As part of this shift, the need for long-term energy storage solutions has become increasi
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Cummins Inc.
invested in
VoltStorage GmbH
in 2021
in a Other VC deal
Disclosed details
Revenue: $21M