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Cache Energy
AddedFeb 17, 2024
UpdatedJun 18, 2026
Cache Energy

Cache Energy

Seed

Illinois-based Cache Energy develops safe, transportable energy storage technology.

HQ
Champaign, IL, US
Founded
2021
Overview
Compare
Fundraising
Employees
News
Website

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.

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Cache Energy - Quick Facts

Who are Cache Energy's competitors?

Companies similar to Cache Energy include Capacitech Energy, Peak Energy, KineticCore Solutions and Energy Vault Holdings.

When was Cache Energy founded?

Cache Energy was founded in 2021.

Where is Cache Energy's headquarters located?

Cache Energy's headquarters is located in Champaign, IL, US.

When was Cache Energy's last funding round?

Cache Energy's most recent funding round was for $4.5M (USD) in August 2023.

How much has Cache Energy raised to-date?

As of Aug 25, 2023, Cache Energy has raised a total of $4.5M (USD).

How many employees does Cache Energy have?

Cache Energy has 7 employees as of Feb 4, 2024.

Cache Energy - Classification

Ownership
  • Venture Capital
Geographic Exposure
  • United States
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • Energy Storage
Tags
  • Cleantech
NAICS
  • 220000Utilities
  • 221000Utilities
  • 221100Electric Power Generation, Transmission and Distribution
SIC
  • 4900Electric, Gas, And Sanitary Services
  • 4910Electric Services
  • 4911Electric Services
Show 5 more industry codes
NAICS
  • 221110Electric Power Generation
  • 221115Wind Electric Power Generation
SIC
  • 1300Oil And Gas Extraction
  • 1380Oil And Gas Field Services
  • 1382Oil And Gas Field Exploration Services