# EnerVenue: Utilities, Fremont, United States

> EnerVenue: EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020. Based in Fremont, United States. Founded 2020.

Source: https://millionrounds.com/startup/enervenue (Millionrounds; every figure on the page links to its filing or article)

United States · [Utilities startup](https://millionrounds.com/companies)

# EnerVenue

EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020.

Funding reported Last round: Series B

Utilities Fremont, United States

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Company summary

- **Founded:** 2020 6 years old
- **Team:** 110 51 to 200 people
- **Funding reported:** $420M in dollars
- **Last round:** Series B Jun 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for EnerVenue has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About EnerVenue

EnerVenue is an energy storage infrastructure company based in Fremont, California, founded in 2020.

The company specializes in developing maintenance-free metal-hydrogen battery technology, specifically nickel-hydrogen systems, for large-scale, long-duration energy storage applications. EnerVenue's mission is to create simple, safe, and durable energy storage solutions that can last for decades. The company's flagship product, the Energy Storage Vessel, offers ultra-long life and high efficiency, utilizing NASA-proven chemistry. EnerVenue also provides modular systems like the Energy Rack for commercial and grid-scale applications, and the Energy Venue for short-duration needs. Their technology is lithium-free, emphasizing durability and resilience, making it suitable for utilities and renewable energy projects. EnerVenue serves a variety of sectors, including utilities, commercial and industrial businesses, data centers, and aerospace clients, focusing on supporting the clean energy transition.

## What company datasets say EnerVenue raised

Funding, as reported

Reported in all **$420M** in dollars

Rounds **3**

Last round **Series B**

Last round size **$300M**

Last round date **Jun 2024**

Investors listed **5**

SEC Form D **$785M sold, 4 filings, last Jun 2026**

## Founders and team

From EnerVenue's own website: 1 founder, 2 on the team.

**Prof. Yi Cui** Chairman · Co-Founder

- **Henning Rath** Chief Executive Officer
- **Dr. Majid Keshavarz** Chief Technology Officer

## On a portfolio page

Investors who name them

- [SAIC Venture Capital](https://millionrounds.com/fund/saic-capital)

Each firm lists EnerVenue on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

high-efficiency energy storage 30-year battery life recyclable battery components clean energy & technology gas-free storage solutions large-scale energy systems energy storage innovation high capacity energy storage environmentally friendly advanced battery materials distribution scalable grid storage manufacturing long-duration storage metal-hydrogen battery electric power generation

Built with from their website

Red Hat JBoss Enterprise SOA Platform Resi IoT Salesforce CRM Google Tag Manager Amazon CloudFront Tableau WordPress.org Spectro Homestead

+8 more

EFI Posit Convert YouTube ON24 Neogov HRMS CloudFlare Gem

- **Sector:** Utilities
- **Industry code:** NAICS 33451, 33591, SIC 3621, 3691
- **Region:** California
- **Revenue:** $5.0M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/enervenue)

## Utilities in United States

Startups like it

- [**Mainspring Energy** Menlo Park · founded 2010 *Raised*](https://millionrounds.com/company/mainspring-energy)
- [**ThinkLabs AI** New York · founded 2023 *Raised*](https://millionrounds.com/company/thinklabs-ai)
- [**Homeis** New York · founded 2017 *Raised*](https://millionrounds.com/company/homeis)
- [**Base Power Company** Austin · founded 2023](https://millionrounds.com/startup/base-power-company)
- [**Trilliant** Concord · founded 2004](https://millionrounds.com/startup/trilliant)
- [**Ubicquia, Inc** Fort Lauderdale · founded 2014](https://millionrounds.com/startup/ubicquia-inc)
- [**Endeavor Energy Holdings LLC** Houston · founded 2013](https://millionrounds.com/startup/endeavor-energy-holdings-llc)
- [**PowerFin** Austin · founded 2007](https://millionrounds.com/startup/powerfin)

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