Cache Energy
Illinois-based Cache Energy develops safe, transportable energy storage technology.
Founded
2021Illinois-based Cache Energy develops safe, transportable energy storage technology.
Cache Energy, founded in Champaign, Illinois, is dedicated to revolutionizing energy storage with a focus on safety and transportability. The company's core mission is to develop non-toxic, non-flammable, and fire-retardant energy storage solutions that can be easily transported and installed anywhere. Their technology stores energy at room temperature, making it as transportable as solid fuels like coal, without the associated risks. Cache Energy aims to provide a versatile and secure energy storage option that is not dependent on specific geographical features.
Notable figures affiliated with Cache Energy include its founding team of experts in energy technology and materials science. The company has garnered attention from investors interested in sustainable and safe energy solutions. Key achievements include the development of their proprietary energy storage material and successful pilot installations demonstrating its efficacy and safety. Cache Energy's impact lies in its potential to transform energy storage by offering a safer, more adaptable alternative to traditional methods, addressing critical needs in both residential and industrial sectors.
Companies similar to Cache Energy include Capacitech Energy, Peak Energy, KineticCore Solutions and Energy Vault Holdings.
Cache Energy was founded in 2021.
Cache Energy's headquarters is located in Champaign, IL, US.
Cache Energy's most recent funding round was for $4.5M (USD) in August 2023.
As of Aug 25, 2023, Cache Energy has raised a total of $4.5M (USD).
Cache Energy has 7 employees as of Feb 4, 2024.
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