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Geyser Batteries Oy
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Short description

Developer and manufacturer of energy storage solutions using a supercapacitor and an electrochemical system

Founded in 2018
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Finland Vaasa, Finland
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Updated by Tina Hellman at Geyser Batteries Oy on 10/07/2019

Edited by Cleantech Group on 11/06/2020

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Date Company
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Date Partner Type
02/02/2023
Orsted Venture Orsted Venture
Selected to be in Orsted's Propel acceleration program for four months with access to funding and pilot opportunities.
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Confirmed by Orsted Venture
Incubation/Acceleration
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IPO INFORMATION

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Description

Date Investors Type Amount
12/09/2019 Voima Ventures Voima Ventures (1)
Post-money valuation of
The funding will help expand Geyser’s product offering, including the development of an automated assembly node as the first step to mass production of its “plug-and-play” battery modules.
Grant $1,120,000
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Products
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Product image Name Product status Revenue model Cost metrics

Electrochemical recuperator (ECR)

Combination of supercapacitor and battery in one electrochemical system

Pilot/Early Revenue
$/kW (current)
$/kW (projected)
$/kWh (current)
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