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Corvus Energy
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Short description

Designer and manufacturer of large scale lithium polymer energy storage systems for renewable energies and hybridizing industrial equipment

Founded in 2009
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy storage

TRL Range 9
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 Richmond, BC Richmond, Canada
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Updated by at on 04/09/2025

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  • 1 M&A items
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Date Company
04/11/2017

Scandlines Scandlines

Corvus Energy has been awarded a 10-year long-term service and maintenance agreement for the entire Scandlines hybrid ferry fleet, which uses diesel and battery power.

Confirmed by Scandlines

Partnerships
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Date Partner Type
04/22/2021
Sumitomo Corporation Sumitomo Corporation
Corvus Energy and Sumitomo Corporation have entered a joint venture for marketing, sales and after-sales service for Corvus Energy's battery and fuel cell systems in Asian markets, particularly Japan.
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Confirmed by Sumitomo Corporation
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IPO INFORMATION

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Description

Date Investors Type Amount
01/24/2024 Woven Capital Woven Capital , Equinor Ventures Equinor Ventures , Hydro Hydro , Shell Ventures Shell Ventures , BW Venture Capital BW Venture Capital (5)
Post-money valuation of
Funding will support marine fuel cell development and battery technologies
Growth Equity
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Products
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Product image Name Product status Revenue model Cost metrics

Hybrid Power System

A power generation system using lithium polymer energy storage technology

Wide Commercial Availability Products - Wholesale
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$/kW (projected)
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