Switzerland · Information technology & services startup

terralayr

Terralayr is an innovative energy flexibility provider and technology startup based in Zug, Switzerland, with operational hubs in Berlin, Germany.

Funding reportedLast round: Undisclosed

Information technology & servicesZug, Switzerland

About terralayr

Terralayr is an innovative energy flexibility provider and technology startup based in Zug, Switzerland, with operational hubs in Berlin, Germany.

Founded in 2022, the company specializes in grid-scale Battery Energy Storage Systems (BESS) and aims to enhance the value of energy storage in the renewable era. Terralayr aggregates and commercializes battery capacity, allowing utilities, grid operators, and industrial clients to access energy storage without the need for ownership. The company operates through a dual-service model that includes the development and operation of large-scale battery storage assets and its flagship product, LAYR. LAYR is a cloud-based platform that virtualizes battery capacity, enabling users to rent or procure flexibility for durations ranging from 15 minutes to 15 years. Terralayr's services cater to a range of B2B clients, including power producers, grid operators, energy traders, and utilities, helping them optimize energy resources and manage fluctuating demands effectively.

What company datasets say terralayr raised

Funding, as reported

Reported in all67.1Min the source's currency
Rounds1
Last roundUndisclosed
Last round size211.2M
Last round dateSept 2023
Investors listed5

The company, in detail

What they build

Known for

aggregated battery assetsgrid servicesclean energy & technologymarket-based energy solutionsrenewable energy power generationlong-duration storagemarket auctionsenergy storageenergy gridgrid stabilizationrenewable energy integrationrenewable energy transitioninformation technology & servicesenergy market hedgingflexibility servicescapacity on demand

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Sector
Information technology & services
Industry code
NAICS 33591, 221118, SIC 4911
Region
Canton of Zug
Full record
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Information technology & services in Switzerland

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