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Kraftblock
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Developer of thermal energy storage solutions

Founded in 2014
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 Germany Saarland, Germany
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Updated by Cleantech Group on 06/28/2024

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Date Partner Type
10/08/2020
STEAG STEAG
By combining their specific strengths, STEAG and KRAFTBLOCK intend to develop concepts in the field of storage technology on a project-by-project basis.
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Confirmed by STEAG
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IPO INFORMATION

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Date Investors Type Amount
08/09/2023 Shell Ventures Shell Ventures , Finindus Finindus , A&G Energy Transition Tech Fund A&G Energy Transition Tech Fund , Moore Strategic Ventures Moore Strategic Ventures , Future Industry Ventures Future Industry Ventures , TechEnergy Ventures TechEnergy Ventures (6)
Post-money valuation of
The funding will go towards grow its human resources and production capacity, and propel the startup as it looks to tackle energy intensive industries (steel, glass, cement), across Europe and East Asia.
Series B $21,968,800
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