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REstore
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Short description

Developes a power quality product family with a focus on efficiency, reliability and excellent dynamic performance.

Founded in 2010
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector energy networks

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
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Headquarters Belgium Antwerp, Belgium
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Updated by Liene Donckers at REstore on 11/06/2017

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Date Company
04/23/2014

National Grid National Grid

REstore has been selected to sell emergency power - or Short Term Operating Reserve - to the National Grid. https://www.restore.eu/en/news/press-article/restore-wins-landmark-6-million-dsr-contract-with-national-grid

Confirmed by National Grid
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Date Partner Type
04/21/2014
EDF Luminus EDF Luminus
REstore offers its aggregated balancing capacity to energy supplier, EDF Luminus. This partnership contributes to constantly balancing the electricity supply and demand for the customers of EDF Luminus.
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Confirmed by EDF Luminus
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IPO INFORMATION

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Date Investors Type Amount
05/08/2015 LRM LRM , AXE Investments AXE Investments , ARC Angel Fund ARC Angel Fund (3)
Post-money valuation of
The investment is used to expand operations from its home country and the U.K. to France and Germany, and to beef up its data analysis and control platform for the industrial and commercial customers it’s tapping for flexible electricity load
 Growth Equity $7,500,000
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Service for Industry

Holistic, real-time energy management based on all energy market signals respecting industrial processes.

 Wide Commercial Availability License of Usage
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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