Storage Drop

Renewable Energy Storage Solutions

Startup

Storage Drop is a Rehovot-based startup in the Energy Tech sector, established in 2020. Renewable Energy Storage Solutions. The company has raised a total of $2.09M across 2 funding rounds, currently at the Public stage. Storage Drop was founded by Shay Cohen. Key investors include Doral Energy-Tech Ventures. The company has 1-10 employees.

With $2.09M in total funding, Storage Drop is a Public-stage company operating in Energy Tech. The company follows a B2B business model. Product stage: Beta. The company holds 1 patent.

$2.09M
Raised
2
Rounds
1
Investors
1
Team
2020
Founded
1
Patents
Sector & Technology
Energy TechEnergy Management & Grid IntegrationClimate TechClean Industry Tech Eco-Efficient ManufacturingEnergy TransitionEco-Efficient Energy Storage
At a Glance
Investors
Founders
In the News

14 articles covered by sources including en.globes.co.il, www.ice.co.il, www.funder.co.il, www.themarker.com, www.sponser.co.il.

en.globes.co.il · Mar 17, 2024
Storage Drop wins EU grant for cooling systems
Read article ↗
Frequently Asked Questions
What does Storage Drop do?

Storage Drop develops advanced technology for long-duration renewable energy storage, with a focus on storage solutions that bridge the gap between the availability of energy from natural resources and the time that it is used. The company’s cost-effective renewable energy storage systems are designed to maximize profitability for solar and wind producers and HVAC applications. Storage Drop is developing an underground vessel created for high pressure and large volumes that will function as compressed-air energy storage for producing electricity in renewable energy installations such as photovoltaic fields, as well as HVAC thermal energy storage for supplying buildings with cooling and air conditioning.

How much funding has Storage Drop raised?

Storage Drop has raised $2.09M in total funding across 2 rounds. The company is currently at the Public stage. Key investors include Doral Energy-Tech Ventures.

Who founded Storage Drop?

Storage Drop was founded in 2020 by Shay Cohen (Founder & CEO).

What sector is Storage Drop in?

Storage Drop operates in Energy Tech, Energy Management & Grid Integration, Climate Tech, Clean Industry Tech , Eco-Efficient Manufacturing, Energy Transition, Eco-Efficient Energy Storage. Target customers: Industrial Manufacturing, Hybrid Industries, Food & Beverages, Mining, Energy, Utilities & Waste Management, Renewable Energy Systems, Water, Wind.

Where is Storage Drop located?

Storage Drop is based in Eli Horovitz Street 11, Rehovot, Israel, Center District.

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