# terralayr: Information technology & services, Zug, Switzerland

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

Source: https://millionrounds.com/startup/terralayr-2 (Millionrounds; every figure on the page links to its filing or article)

Switzerland · [Information technology & services startup](https://millionrounds.com/companies)

# terralayr

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

Funding reported Last round: Undisclosed

Information technology & services Zug, Switzerland

Company summary

- **Founded:** 2023 3 years old
- **Team:** 69 51 to 200 people
- **Funding reported:** 67.1M as listed, currency not stated
- **Last round:** Undisclosed Sept 2023

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 terralayr 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 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 all **67.1M** in the source's currency

Rounds **1**

Last round **Undisclosed**

Last round size **211.2M**

Last round date **Sept 2023**

Investors listed **5**

## The company, in detail

What they build

Known for

aggregated battery assets grid services clean energy & technology market-based energy solutions renewable energy power generation long-duration storage market auctions energy storage energy grid grid stabilization renewable energy integration renewable energy transition information technology & services energy market hedging flexibility services capacity on demand

Built with from their website

Amazon SES Google Tag Manager Automic Automation Atlassian PWA YouTube Google Workspace Gem Viewport Meta Vite

+8 more

Amazon Simple Email Service AI Google Meet Mobile Friendly Intercom Open Graph Amazon Route 53 AT&T

- **Sector:** Information technology & services
- **Industry code:** NAICS 33591, 221118, SIC 4911
- **Region:** Canton of Zug
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/terralayr)

## Information technology & services in Switzerland

Startups like it

- [**KNIME** Zurich · founded 2008 *Raised*](https://millionrounds.com/company/knime)
- [**Cerrion** Zuerich · founded 2021 *Raised*](https://millionrounds.com/company/cerrion)
- [**B3i** Zurich · founded 2016 *Raised*](https://millionrounds.com/company/b3i)
- [**BRD** Freienbach · founded 2015 *Raised*](https://millionrounds.com/company/brd)
- [**Tangem** Zug · founded 2017 *Raised*](https://millionrounds.com/company/tangem)
- [**ETFBOOK** Zuerich · founded 2020 *Raised*](https://millionrounds.com/company/etfbook)
- [**Squirro** Zuerich · founded 2012 *Raised*](https://millionrounds.com/company/squirro)
- [**Frontify** St. Gallen · founded 2013 *Raised*](https://millionrounds.com/company/frontify)

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