Gravitricity has invented an uncommon technology which will use massive weights to collect energy underground. The company aims to be very cost-effective and have no standing losses, no explosive materials and no parasitic loads. Gravitricity has created a 250kW Concept Demo and a modular full-scale system and, It has worked with Glasgow-based controls-partner ISC and Dutch winch partner Huisman Equipment BV. With the proceeds, the company will develop the Concept Demo, the detailed design of the modular full-scale system and improve Europe and South Africa's projects plans.
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Gravitricity Rating Review
Pitch rating powered by CROWDRATING™
Rated on 02/01/2020
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£1,200,000
pre-money valuation
17.01%
equity available
789
investors
£963
pledge per investor
07827384
company number
Active
company status
28/10/2011
incorporated 13 years
Equity Calculator
£
%
Previous Funding rounds
20 Apr 23 | Crowdcube | £1,185,207 / 158% | |
19 Apr 23 | Crowdcube | £759,700 / 309% | 62.33% |
18 Apr 23 | Crowdcube | £2,124,008 / 283% | 58.33% |
18 Apr 23 | Crowdcube | £775,000 / 775% | 51.33% |
News
Gravitricity weighs up one of Europe’s deepest mines - The Engineer
05/02/2024 The Engineer
ABB and Gravitricity to collaborate on energy storage systems using end-of-life mine shafts and hoist technology - ABB
11/12/2023 ABB
ABB and Gravitricity mine potential of hoist-delivered batteries | theenergyst.com battery, gravity, hoist, shaft, mine, hoist ... - The Energyst
11/12/2023 The Energyst
Ofgem funding to back feasibility study of Gravitricity's H2 storage - Renewables Now
11/03/2024 Renewables Now
Gravitricity to demonstrate energy storage tech in deep mine - HeraldScotland
05/02/2024 HeraldScotland
National Gas Transmission secures Ofgem funding to explore Gravitricity's underground H2FlexiStore - Scottish Construction Now
11/03/2024 Scottish Construction Now
ABB and Gravitricity partner on gravity energy storage systems - Power Engineering International
11/12/2023 Power Engineering International
ABB and Gravitricity to explore hoist expertise for gravity energy storage - Best Magazine - bestmag
14/12/2023 bestmag
Good Energy's Juliet Davenport joins Gravitricity - Solar Power Portal
27/09/2023 Solar Power Portal
ABB and Gravitricity to develop energy storage using former mine shafts - BusinessGreen
11/12/2023 BusinessGreen
What the ratings mean
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